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REGISTERED NUMBER: 14862824 (England and Wales)















Abbex Building Solutions Limited

Unaudited Financial Statements

for the Period 11th May 2023 to 31st May 2024






Abbex Building Solutions Limited (Registered number: 14862824)






Contents of the Financial Statements
for the period 11th May 2023 to 31st May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Abbex Building Solutions Limited

Company Information
for the period 11th May 2023 to 31st May 2024







DIRECTORS: M E Callaghan
Mrs L M Callaghan





REGISTERED OFFICE: 310 Wellingborough Road
Northampton
NN1 4EP





BUSINESS ADDRESS: Old Coach House
High Street
Guilsborough
NN6 8PY





REGISTERED NUMBER: 14862824 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

Abbex Building Solutions Limited (Registered number: 14862824)

Balance Sheet
31st May 2024

Notes £    £   
FIXED ASSETS
Tangible assets 5 5,231

CURRENT ASSETS
Cash at bank 15,822

CREDITORS
Amounts falling due within one year 6 18,509
NET CURRENT LIABILITIES (2,687 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,544

PROVISIONS FOR LIABILITIES 7 1,000
NET ASSETS 1,544

CAPITAL AND RESERVES
Called up share capital 8 100
Retained earnings 1,444
SHAREHOLDERS' FUNDS 1,544

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st May 2024 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 29th August 2024 and were signed on its behalf by:





M E Callaghan - Director


Abbex Building Solutions Limited (Registered number: 14862824)

Notes to the Financial Statements
for the period 11th May 2023 to 31st May 2024

1. STATUTORY INFORMATION

Abbex Building Solutions Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 - 10% on cost
Motor vehicles - 25% on reducing balance

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

Abbex Building Solutions Limited (Registered number: 14862824)

Notes to the Financial Statements - continued
for the period 11th May 2023 to 31st May 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
Additions 2,500 3,975 6,475
At 31st May 2024 2,500 3,975 6,475
DEPRECIATION
Charge for period 250 994 1,244
At 31st May 2024 250 994 1,244
NET BOOK VALUE
At 31st May 2024 2,250 2,981 5,231

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 4,551
Other creditors 13,958
18,509

7. PROVISIONS FOR LIABILITIES
£   
Deferred tax 1,000

Deferred
tax
£   
Provided during period 1,000
Balance at 31st May 2024 1,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
50 Ordinary A £1 50
50 Ordinary B £1 50
100

The following shares were allotted and fully paid for cash at par during the period:

50 Ordinary A shares of £1 each
50 Ordinary B shares of £1 each

9. CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st May 2024.

10. CAPITAL COMMITMENTS

There were no capital commitments as at 31st May 2024.