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Company Registration No. 02371663 (England and Wales)
Ablerent Limited Unaudited accounts for the year ended 31 March 2024
Ablerent Limited Unaudited accounts Contents
Page
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Ablerent Limited Company Information for the year ended 31 March 2024
Director
Maxwell KENNA
Secretary
Elizabeth Ann SMITH
Company Number
02371663 (England and Wales)
Registered Office
WINTON HOUSE WINTON SQUARE BASINGSTOKE HAMPSHIRE RG21 8EN United Kingdom
Accountants
Cranleys Chartered Accountants Winton House Winton Square Basingstoke Hampshire RG21 8EN
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Ablerent Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,515 
2,515 
Current assets
Debtors
2,192 
2,912 
Cash at bank and in hand
28,271 
24,050 
30,463 
26,962 
Creditors: amounts falling due within one year
(485)
(462)
Net current assets
29,978 
26,500 
Net assets
32,493 
29,015 
Capital and reserves
Called up share capital
16 
16 
Profit and loss account
32,477 
28,999 
Shareholders' funds
32,493 
29,015 
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 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 9 October 2024 and were signed on its behalf by
Maxwell KENNA Director Company Registration No. 02371663
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Ablerent Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Ablerent Limited is a private company, limited by shares, registered in England and Wales, registration number 02371663. The registered office is WINTON HOUSE, WINTON SQUARE, BASINGSTOKE, HAMPSHIRE, RG21 8EN, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2023
2,515 
At 31 March 2024
2,515 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
2,515 
At 31 March 2023
2,515 
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Ablerent Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,575 
3,175 
Accrued income and prepayments
(383)
(263)
2,192 
2,912 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
485 
462 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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