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REGISTERED NUMBER: 09911036 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Abi Laser Uk Ltd

Abi Laser Uk Ltd (Registered number: 09911036)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abi Laser Uk Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: A P Reader
I A Wood





SECRETARY:





REGISTERED OFFICE: Corner House
28 Huddersfield Road
Newhey
Rochdale
Lancashire
OL16 3QF





REGISTERED NUMBER: 09911036 (England and Wales)





ACCOUNTANTS: Brian Gumbley Accountancy Services Ltd
Corner House
28 Huddersfield Road
Newhey
Rochdale
Lancashire
OL16 3QF

Abi Laser Uk Ltd (Registered number: 09911036)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 554,873 507,499

CURRENT ASSETS
Debtors 5 275,849 230,517
Cash at bank and in hand 80,526 172,518
356,375 403,035
CREDITORS
Amounts falling due within one year 6 320,643 391,543
NET CURRENT ASSETS 35,732 11,492
TOTAL ASSETS LESS CURRENT
LIABILITIES

590,605

518,991

CREDITORS
Amounts falling due after more than
one year

7

(260,202

)

(282,923

)

PROVISIONS FOR LIABILITIES (107,694 ) (82,686 )
NET ASSETS 222,709 153,382

Abi Laser Uk Ltd (Registered number: 09911036)

Balance Sheet - continued
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 105 105
Share premium 14,985 14,985
Retained earnings 207,619 138,292
SHAREHOLDERS' FUNDS 222,709 153,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2024 and were signed on its behalf by:





I A Wood - Director


Abi Laser Uk Ltd (Registered number: 09911036)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Abi Laser Uk Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Abi Laser Uk Ltd (Registered number: 09911036)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 892,133 10,219 54,526 13,404 970,282
Additions 126,000 2,152 - - 128,152
At 31 January 2024 1,018,133 12,371 54,526 13,404 1,098,434
DEPRECIATION
At 1 February 2023 419,358 6,681 23,662 13,082 462,783
Charge for year 71,704 1,127 7,716 231 80,778
At 31 January 2024 491,062 7,808 31,378 13,313 543,561
NET BOOK VALUE
At 31 January 2024 527,071 4,563 23,148 91 554,873
At 31 January 2023 472,775 3,538 30,864 322 507,499

Abi Laser Uk Ltd (Registered number: 09911036)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.1.24 31.1.23
£    £   
Trade debtors 260,825 215,493
Other debtors 10,000 10,000
Prepayments 5,024 5,024
275,849 230,517

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 138,883 127,185
Trade creditors 111,677 160,704
Tax 22,465 13
Social security and other taxes - 5,273
Other creditors 32,948 45,853
VAT (15,958 ) 14,515
Directors' current accounts 30,628 38,000
320,643 391,543

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 260,202 282,923