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Company Registration No. 09861826 (England and Wales)
One Abacus Limited Unaudited accounts for the year ended 30 November 2023
One Abacus Limited Unaudited accounts Contents
Page
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One Abacus Limited Company Information for the year ended 30 November 2023
Director
Ryan Morton
Company Number
09861826 (England and Wales)
Registered Office
21 Hambrook Road London SE25 4HL
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One Abacus Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
67,604 
30,108 
Current assets
Debtors
37,662 
34,632 
Cash at bank and in hand
4,567 
53,936 
42,229 
88,568 
Creditors: amounts falling due within one year
(27,924)
(28,170)
Net current assets
14,305 
60,398 
Total assets less current liabilities
81,909 
90,506 
Creditors: amounts falling due after more than one year
(81,806)
(88,894)
Net assets
103 
1,612 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3 
1,512 
Shareholders' funds
103 
1,612 
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 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 12 May 2024 and were signed on its behalf by
Ryan Morton Director Company Registration No. 09861826
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One Abacus Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
One Abacus Limited is a private company, limited by shares, registered in England and Wales, registration number 09861826. The registered office is 21 Hambrook Road, London, SE25 4HL.
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 policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line Basis
Motor vehicles
20% Straight Line Basis
Computer equipment
25% Straight Line Basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
2,014 
41,984 
9,053 
53,051 
Additions
- 
61,416 
- 
61,416 
Disposals
- 
(41,984)
- 
(41,984)
At 30 November 2023
2,014 
61,416 
9,053 
72,483 
Depreciation
At 1 December 2022
1,684 
18,193 
3,066 
22,943 
Charge for the year
43 
7,697 
86 
7,826 
On disposals
- 
(25,890)
- 
(25,890)
At 30 November 2023
1,727 
- 
3,152 
4,879 
Net book value
At 30 November 2023
287 
61,416 
5,901 
67,604 
At 30 November 2022
330 
23,791 
5,987 
30,108 
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One Abacus Limited Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,564 
1,632 
Other debtors
- 
16,000 
3,564 
17,632 
Amounts falling due after more than one year
Other debtors
34,098 
17,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
8,183 
8,133 
Trade creditors
339 
167 
Taxes and social security
19,402 
18,878 
Other creditors
- 
992 
27,924 
28,170 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
54,284 
57,492 
Obligations under finance leases and hire purchase contracts
27,522 
31,402 
81,806 
88,894 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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