Company Registration No. 03836961 (England and Wales)
ABA Building Products Limited
Unaudited financial statements
for the year ended 31 March 2023
ABA Building Products Limited
Unaudited financial statements
Contents
ABA Building Products Limited
Company Information
for the year ended 31 March 2023
Company Number
03836961 (England and Wales)
Registered Office
The Star Inn
Guildhall Street
Newark
Nottinghamshire
NG24 1UH
Accountants
Lealindis Limited
71 London Road
Newark
Notts
NG24 1RZ
ABA Building Products Limited
Statement of financial position
as at 31 March 2023
Tangible assets
161,237
161,504
Cash at bank and in hand
840,565
587,776
Creditors: amounts falling due within one year
(485,336)
(381,670)
Net current assets
646,965
422,360
Net assets
808,202
583,864
Called up share capital
2,200
2,200
Profit and loss account
806,002
581,664
Shareholders' funds
808,202
583,864
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 November 2023 and were signed on its behalf by
A B Armitage
Director
Company Registration No. 03836961
ABA Building Products Limited
Notes to the Accounts
for the year ended 31 March 2023
ABA Building Products Limited is a private company, limited by shares, registered in England and Wales, registration number 03836961. The registered office is The Star Inn, Guildhall Street, Newark, Nottinghamshire, NG24 1UH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 1 (2022: 1).