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REGISTERED NUMBER: 13786219 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

A B M JOINTING LTD

A B M JOINTING LTD (REGISTERED NUMBER: 13786219)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

A B M JOINTING LTD

Company Information
for the Year Ended 31 December 2023







DIRECTORS: R Adams
M J Marsh
L M Berry
C J Storey





REGISTERED OFFICE: Unit 5 , The Courtyard
Old Court House Road
Wirral
Merseyside
CH62 4AB





REGISTERED NUMBER: 13786219 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

A B M JOINTING LTD (REGISTERED NUMBER: 13786219)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,682 12,306

CURRENT ASSETS
Debtors 5 112,105 97,520
Cash at bank 22,071 18,350
134,176 115,870
CREDITORS
Amounts falling due within one year 6 126,612 107,348
NET CURRENT ASSETS 7,564 8,522
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,246

20,828

CAPITAL AND RESERVES
Called up share capital 7 300 300
Retained earnings 8 36,946 20,528
SHAREHOLDERS' FUNDS 37,246 20,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 30 August 2024 and were signed on its behalf by:




R Adams - Director L M Berry - Director




M J Marsh - Director


A B M JOINTING LTD (REGISTERED NUMBER: 13786219)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

A B M Jointing 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 etc - 33% on reducing balance and 25% on reducing balance

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2022 - 4 ) .

A B M JOINTING LTD (REGISTERED NUMBER: 13786219)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 16,456
Additions 24,995
Disposals (3,500 )
At 31 December 2023 37,951
DEPRECIATION
At 1 January 2023 4,150
Charge for year 4,994
Eliminated on disposal (875 )
At 31 December 2023 8,269
NET BOOK VALUE
At 31 December 2023 29,682
At 31 December 2022 12,306

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 65,322 82,900
Other debtors 46,783 14,620
112,105 97,520

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 902 1
Taxation and social security 95,427 52,988
Other creditors 30,283 54,359
126,612 107,348

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
300 Ordinary 1 300 300

8. RESERVES
Retained
earnings
£   

At 1 January 2023 20,528
Profit for the year 272,918
Dividends (256,500 )
At 31 December 2023 36,946

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is an amount owing to the directors of £29,957

A B M JOINTING LTD (REGISTERED NUMBER: 13786219)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £256,500 (2022 - £128,460) were paid to the directors .

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
A B M Jointing Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A B M Jointing Ltd for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A B M Jointing Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A B M Jointing Ltd and state those matters that we have agreed to state to the Board of Directors of A B M Jointing Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A B M Jointing Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A B M Jointing Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A B M Jointing Ltd. You consider that A B M Jointing Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A B M Jointing Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


30 August 2024