Company Registration No. 10911079 (England and Wales)
ABREO GROUP LIMITED
Unaudited accounts
for the year ended 28 February 2023
ABREO GROUP LIMITED
Unaudited accounts
Contents
ABREO GROUP LIMITED
Company Information
for the year ended 28 February 2023
Director
Mr Roshan Christopher Henry Abreo
Company Number
10911079 (England and Wales)
Registered Office
2nd Floor, 26 Goodge Street
Fitzrovia
London
W1T 2QG
England
Accountants
Accountingpreneur Limited
Second Floor
26 Goodge Street
Fitzrovia
London
W1T 2QG
ABREO GROUP LIMITED
Statement of financial position
as at 28 February 2023
Intangible assets
1,237
2,063
Tangible assets
44,501
41,340
Cash at bank and in hand
79,866
107,068
Creditors: amounts falling due within one year
(50,522)
(53,906)
Net current assets
57,863
85,017
Net assets
103,601
128,420
Called up share capital
100
100
Profit and loss account
103,501
128,320
Shareholders' funds
103,601
128,420
For the year ending 28 February 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.
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 21 November 2023 and were signed on its behalf by
Mr Roshan Christopher Henry Abreo
Director
Company Registration No. 10911079
ABREO GROUP LIMITED
Notes to the Accounts
for the year ended 28 February 2023
ABREO GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10911079. The registered office is 2nd Floor, 26 Goodge Street, Fitzrovia, London, W1T 2QG, England.
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:
Plant & machinery
33% straight line
Motor vehicles
2% straight line
Fixtures & fittings
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation 20% straight line
4
Intangible fixed assets
Other
ABREO GROUP LIMITED
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
3,182
41,279
-
44,461
At 28 February 2023
3,182
41,279
4,465
48,926
At 1 March 2022
2,433
688
-
3,121
Charge for the year
324
480
500
1,304
At 28 February 2023
2,757
1,168
500
4,425
At 28 February 2023
425
40,111
3,965
44,501
At 28 February 2022
749
40,591
-
41,340
Amounts falling due within one year
Trade debtors
25,353
13,667
Accrued income and prepayments
474
5,725
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
37,471
46,621
Taxes and social security
6,697
5,039
Loans from directors
3,191
-
During the year, a balance of £3,191 (2022: £NIL) was owed to the director at the year end.
9
Average number of employees
During the year the average number of employees was 2 (2022: 1).