ABACUS IMPORTS LTD

Company Registration Number:
11188114 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

ABACUS IMPORTS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

ABACUS IMPORTS LTD

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,417,661 1,426,654
Total fixed assets: 2,417,661 1,426,654
Current assets
Stocks: 374,840 236,545
Debtors:   264,101 198,236
Cash at bank and in hand: 626,525 458,769
Total current assets: 1,265,466 893,550
Creditors: amounts falling due within one year:   (278,564) (236,599)
Net current assets (liabilities): 986,902 656,951
Total assets less current liabilities: 3,404,563 2,083,605
Total net assets (liabilities): 3,404,563 2,083,605
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 3,404,562 2,083,604
Shareholders funds: 3,404,563 2,083,605

The notes form part of these financial statements

ABACUS IMPORTS LTD

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 November 2023
and signed on behalf of the board by:

Name: Diljeet Hayer
Status: Director

The notes form part of these financial statements

ABACUS IMPORTS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

ABACUS IMPORTS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 40 30

ABACUS IMPORTS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 1,426,654
Additions 991,007
At 28 February 2023 2,417,661
Net book value
At 28 February 2023 2,417,661
At 28 February 2022 1,426,654