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REGISTERED NUMBER: 14772528 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 MARCH 2023 TO 31 MARCH 2024

FOR

ABL INNOVATIONS LTD

ABL INNOVATIONS LTD (REGISTERED NUMBER: 14772528)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 31 March 2023 to 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


ABL INNOVATIONS LTD

COMPANY INFORMATION
for the Period 31 March 2023 to 31 March 2024







DIRECTOR: A G R Evans





REGISTERED OFFICE: 5 Tentsmuir Close
Kettering
Northamptonshire
NN16 9FR





REGISTERED NUMBER: 14772528 (England and Wales)





ACCOUNTANTS: Wright & Co Partnership Limited
Chartered Accountants
5 Walsall Street
Wednesbury
West Midlands
WS10 9BZ

ABL INNOVATIONS LTD (REGISTERED NUMBER: 14772528)

ABRIDGED BALANCE SHEET
31 March 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 9,600

CURRENT ASSETS
Debtors 25,593
Cash at bank 11,460
37,053
CREDITORS
Amounts falling due within one year 31,124
NET CURRENT ASSETS 5,929
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,529

CAPITAL AND RESERVES
Called up share capital 3
Retained earnings 15,526
15,529

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

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

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 22 July 2024 and were signed by:





A G R Evans - Director


ABL INNOVATIONS LTD (REGISTERED NUMBER: 14772528)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 31 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

ABL Innovations 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Taxation
Taxation for the period 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.

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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 31 March 2023
and 31 March 2024 12,000
AMORTISATION
Amortisation for period 2,400
At 31 March 2024 2,400
NET BOOK VALUE

At 31 March 2024 9,600
At 30 March 2023 12,000