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Company Registration No. 12428373 (England and Wales)
Abel Consultancy Ltd Unaudited accounts for the year ended 31 March 2024
Abel Consultancy Ltd Unaudited accounts Contents
Page
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Abel Consultancy Ltd Company Information for the year ended 31 March 2024
Director
Shamoly Aaron
Company Number
12428373 (England and Wales)
Registered Office
38 Southwick Street London W2 1JQ UK
Accountants
ALS Accountancy 53 Gowan Avenue Fulham London SW6 6RH
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Abel Consultancy Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
394,813 
354,391 
Cash at bank and in hand
161 
1,479 
394,974 
355,870 
Creditors: amounts falling due within one year
(38,271)
(57,944)
Net current assets
356,703 
297,926 
Total assets less current liabilities
356,703 
297,926 
Creditors: amounts falling due after more than one year
(20,462)
(23,480)
Net assets
336,241 
274,446 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
336,139 
274,344 
Shareholders' funds
336,241 
274,446 
For the year ending 31 March 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 director acknowledges her 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 31 May 2024 and were signed on its behalf by
Shamoly Aaron Director Company Registration No. 12428373
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Abel Consultancy Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Abel Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 12428373. The registered office is 38 Southwick Street, London, W2 1JQ, UK.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,800 
25,404 
Other debtors
387,013 
328,987 
394,813 
354,391 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,420 
10,766 
VAT
5,539 
4,234 
Taxes and social security
239 
1,818 
Proposed dividends
- 
36,000 
Other creditors
- 
1,648 
Loans from directors
18,677 
3,478 
Accruals
9,396 
- 
38,271 
57,944 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,462 
23,480 
7
Transactions with related parties
The company has taken advantage of exemption , under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland ", not to disclose related party transactions with wholly owned subsidiaries within the group.
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Abel Consultancy Ltd Notes to the Accounts for the year ended 31 March 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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