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Company Registration No. 11083326 (England and Wales)
Abila Ltd Unaudited accounts for the year ended 30 November 2023
Abila Ltd Unaudited accounts Contents
Page
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Abila Ltd Company Information for the year ended 30 November 2023
Directors
S J Aslam A J Aslam
Company Number
11083326 (England and Wales)
Registered Office
29 Whitehall Terrace Pallion SUNDERLAND Tyne & Wear SR4 7SR England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Abila Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
44,549 
38,680 
Current assets
Cash at bank and in hand
5,809 
6,902 
Creditors: amounts falling due within one year
(32,788)
(25,586)
Net current liabilities
(26,979)
(18,684)
Total assets less current liabilities
17,570 
19,996 
Creditors: amounts falling due after more than one year
(4,976)
(10,830)
Net assets
12,594 
9,166 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,494 
9,066 
Shareholders' funds
12,594 
9,166 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by
S J Aslam Director Company Registration No. 11083326
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Abila Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Abila Ltd is a private company, limited by shares, registered in England and Wales, registration number 11083326. The registered office is 29 Whitehall Terrace, Pallion, SUNDERLAND, Tyne & Wear, SR4 7SR, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20 % Reduction balance
Fixtures & fittings
20 % Reduction balance
Computer equipment
25 % Reduction balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
38,046 
105 
529 
38,680 
Additions
15,491 
- 
1,350 
16,841 
At 30 November 2023
53,537 
105 
1,879 
55,521 
Depreciation
Charge for the year
10,708 
21 
243 
10,972 
At 30 November 2023
10,708 
21 
243 
10,972 
Net book value
At 30 November 2023
42,829 
84 
1,636 
44,549 
At 30 November 2022
38,046 
105 
529 
38,680 
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Abila Ltd Notes to the Accounts for the year ended 30 November 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,023 
- 
Obligations under finance leases and hire purchase contracts
- 
191 
Taxes and social security
2,698 
2,698 
Other creditors
- 
10,015 
Loans from directors
25,567 
12,007 
Accruals
1,500 
675 
32,788 
25,586 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
4,976 
10,830 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
S J Aslam
Directors Current accounts
(12,007)
(26,699)
(13,139)
(25,567)
(12,007)
(26,699)
(13,139)
(25,567)
8
Average number of employees
During the year the average number of employees was 1 (2022: 0).
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