1 May 2023 false No description of principal activity Taxfiler 2024.5 11293066business:PrivateLimitedCompanyLtd2023-05-012024-04-30 112930662023-04-30 112930662023-05-012024-04-30 11293066business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 11293066business:FilletedAccounts2023-05-012024-04-30 112930662024-04-30 11293066business:Director12023-05-012024-04-30 11293066business:Director22023-05-012024-04-30 11293066business:RegisteredOffice2023-05-012024-04-30 112930662023-04-30 11293066core:WithinOneYear2024-04-30 11293066core:WithinOneYear2023-04-30 11293066core:AfterOneYear2024-04-30 11293066core:AfterOneYear2023-04-30 11293066core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 11293066core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 11293066core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 11293066core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 11293066core:PreviouslyStatedAmount2024-04-30 11293066core:PreviouslyStatedAmount2023-04-30 11293066business:SmallEntities2023-05-012024-04-30 11293066countries:EnglandWales2023-05-012024-04-30 11293066core:FurnitureFittings2023-05-012024-04-30 11293066core:ComputerEquipment2023-05-012024-04-30 11293066core:Goodwill2023-04-30 11293066core:Goodwill2024-04-30 11293066core:Goodwill2023-05-012024-04-30 11293066core:FurnitureFittings2023-04-30 11293066core:ComputerEquipment2023-04-30 11293066core:FurnitureFittings2024-04-30 11293066core:ComputerEquipment2024-04-30 112930662022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 11293066 (England and Wales)
ABLAYZE LTD Unaudited accounts for the year ended 30 April 2024
ABLAYZE LTD Unaudited accounts Contents
Page
- 2 -
ABLAYZE LTD Company Information for the year ended 30 April 2024
Directors
Zeshaan Butt Ruby Turbett-Walker
Company Number
11293066 (England and Wales)
Registered Office
71-75 SHELTON STREET LONDON GREATER LONDON WC2H 9JQ UNITED KINGDOM
- 3 -
ABLAYZE LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
666 
1,333 
Tangible assets
1,704 
3,091 
2,370 
4,424 
Current assets
Debtors
34,048 
19,298 
Cash at bank and in hand
61,336 
96,184 
95,384 
115,482 
Creditors: amounts falling due within one year
(26,574)
(30,174)
Net current assets
68,810 
85,308 
Total assets less current liabilities
71,180 
89,732 
Creditors: amounts falling due after more than one year
(42,548)
(53,775)
Provisions for liabilities
Other provisions
56 
- 
Net assets
28,688 
35,957 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
28,488 
35,757 
Shareholders' funds
28,688 
35,957 
For the year ending 30 April 2024 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 1 August 2024 and were signed on its behalf by
Ruby Turbett-Walker Director Company Registration No. 11293066
- 4 -
ABLAYZE LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
ABLAYZE LTD is a private company, limited by shares, registered in England and Wales, registration number 11293066. The registered office is 71-75 SHELTON STREET, LONDON, GREATER LONDON, WC2H 9JQ, UNITED KINGDOM.
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:
Fixtures & fittings
10 years straight line
Computer equipment
3 years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
2,000 
At 30 April 2024
2,000 
Amortisation
At 1 May 2023
667 
Charge for the year
667 
At 30 April 2024
1,334 
Net book value
At 30 April 2024
666 
At 30 April 2023
1,333 
- 5 -
ABLAYZE LTD Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
1,674 
5,156 
6,830 
At 30 April 2024
1,674 
5,156 
6,830 
Depreciation
At 1 May 2023
501 
3,238 
3,739 
Charge for the year
167 
1,220 
1,387 
At 30 April 2024
668 
4,458 
5,126 
Net book value
At 30 April 2024
1,006 
698 
1,704 
At 30 April 2023
1,173 
1,918 
3,091 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
42,140 
420 
Amounts due from group undertakings etc.
(8,092)
18,878 
34,048 
19,298 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,428 
17,948 
Trade creditors
6,959 
2,884 
Taxes and social security
14,098 
3,018 
Other creditors
89 
3 
Deferred income
- 
6,321 
26,574 
30,174 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,026 
32,253 
Loans from directors
21,522 
21,522 
42,548 
53,775 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -