Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity66truefalse 01115696 2023-02-01 2024-01-31 01115696 2022-02-01 2023-01-31 01115696 2024-01-31 01115696 2023-01-31 01115696 c:Director1 2023-02-01 2024-01-31 01115696 d:Buildings 2023-02-01 2024-01-31 01115696 d:Buildings 2024-01-31 01115696 d:Buildings 2023-01-31 01115696 d:Buildings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 01115696 d:MotorVehicles 2023-02-01 2024-01-31 01115696 d:OfficeEquipment 2023-02-01 2024-01-31 01115696 d:OfficeEquipment 2024-01-31 01115696 d:OfficeEquipment 2023-01-31 01115696 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 01115696 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 01115696 d:CurrentFinancialInstruments 2024-01-31 01115696 d:CurrentFinancialInstruments 2023-01-31 01115696 d:Non-currentFinancialInstruments 2024-01-31 01115696 d:Non-currentFinancialInstruments 2023-01-31 01115696 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 01115696 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 01115696 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 01115696 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 01115696 d:ShareCapital 2024-01-31 01115696 d:ShareCapital 2023-01-31 01115696 d:RetainedEarningsAccumulatedLosses 2024-01-31 01115696 d:RetainedEarningsAccumulatedLosses 2023-01-31 01115696 c:FRS102 2023-02-01 2024-01-31 01115696 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 01115696 c:FullAccounts 2023-02-01 2024-01-31 01115696 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 01115696 2 2023-02-01 2024-01-31 01115696 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 01115696









ABIMARA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
ABIMARA LIMITED
REGISTERED NUMBER: 01115696

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
66,200
67,869

Investments
 5 
266,666
267,666

  
332,866
335,535

Current assets
  

Stocks
 6 
744,433
740,616

Debtors: amounts falling due within one year
 7 
581,485
650,004

Cash at bank and in hand
 8 
21,639
502,340

  
1,347,557
1,892,960

Creditors: amounts falling due within one year
 9 
(36,330)
(301,524)

Net current assets
  
 
 
1,311,227
 
 
1,591,436

Total assets less current liabilities
  
1,644,093
1,926,971

Creditors: amounts falling due after more than one year
 10 
(944,034)
(1,140,099)

  

Net assets
  
700,059
786,872


Capital and reserves
  

Called up share capital 
  
1,550,000
1,550,000

Profit and loss account
  
(849,941)
(763,128)

  
700,059
786,872


Page 1

 
ABIMARA LIMITED
REGISTERED NUMBER: 01115696
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 September 2024.




W R Knight
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ABIMARA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Abimara Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The registered office is Ground Floor, 45 Pall Mall, St James's, London, SW1Y 5JG.
The principal activity during the year continued to be that of construction of commercial buildings.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.
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.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. 

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line
Motor vehicles
-
20%
straight line
Office equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
ABIMARA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.


3.


Employees

2024
2023
£
£

Wages, salaries and national insurance
110,724
163,563

Cost of defined contribution pension scheme
751
1,354

111,475
164,917


The average monthly number of employees, including directors, during the year was 6 (2023 - 6).

Page 4

 
ABIMARA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Tangible fixed assets





Freehold property
Office equipment
Total

£
£
£



Cost or valuation


At 1 February 2023
83,220
8,833
92,053


Additions
-
2,134
2,134



At 31 January 2024

83,220
10,967
94,187



Depreciation


At 1 February 2023
16,228
7,957
24,185


Charge for the year on owned assets
1,664
2,138
3,802



At 31 January 2024

17,892
10,095
27,987



Net book value



At 31 January 2024
65,328
872
66,200



At 31 January 2023
66,992
877
67,869


5.


Fixed asset investments





Investments in subsidiary companies
Unlisted investments
Total

£
£
£



Cost or valuation


At 1 February 2023
1,000
266,666
267,666


Disposals
(1,000)
-
(1,000)



At 31 January 2024
-
266,666
266,666




Page 5

 
ABIMARA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Stocks

2024
2023
£
£

Long term contract balances
744,433
740,616

744,433
740,616



7.


Debtors

2024
2023
£
£


Trade debtors
1,354
259,088

Other debtors
552,789
370,312

Prepayments and accrued income
27,342
20,604

581,485
650,004



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
21,639
502,340

21,639
502,340



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
4,093
235,041

Other taxation and social security
4,790
39,855

Other creditors
17,626
14,708

Accruals and deferred income
9,821
11,920

36,330
301,524


Page 6

 
ABIMARA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
944,034
1,140,099

944,034
1,140,099



11.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £751 (2023: £1,354). There was an outstanding balance of £34 (2023: £290) at the year end.

 
Page 7