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REGISTERED NUMBER: 11736728 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Abbot Associates Holdings Limited

Abbot Associates Holdings Limited (Registered number: 11736728)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abbot Associates Holdings Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: D M Chard
P R Currer





REGISTERED OFFICE: The Court Annex
The Green
Parkway
Bristol
BS34 8PD





REGISTERED NUMBER: 11736728 (England and Wales)





ACCOUNTANTS: Verinder Powell Associates Ltd
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

Abbot Associates Holdings Limited (Registered number: 11736728)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 163,676 451,724

CURRENT ASSETS
Cash at bank 1,054 6,978

CREDITORS
Amounts falling due within one year 5 117,314 299,861
NET CURRENT LIABILITIES (116,260 ) (292,883 )
TOTAL ASSETS LESS CURRENT LIABILITIES 47,416 158,841

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 45,706 45,706
Retained earnings 710 112,135
47,416 158,841

Abbot Associates Holdings Limited (Registered number: 11736728)

Balance Sheet - continued
31 January 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 29 October 2024 and were signed on its behalf by:





D M Chard - Director


Abbot Associates Holdings Limited (Registered number: 11736728)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Abbot Associates Holdings 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. ACCOUNTING POLICIES

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

There have been no material departures from the Financial Reporting Standard 102 1A.

Group accounts not prepared
The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Related party exemption
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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year 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.


Abbot Associates Holdings Limited (Registered number: 11736728)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued
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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 February 2023 435,300 16,424 451,724
Disposals - (16,424 ) (16,424 )
Impairments (271,624 ) - (271,624 )
At 31 January 2024 163,676 - 163,676
NET BOOK VALUE
At 31 January 2024 163,676 - 163,676
At 31 January 2023 435,300 16,424 451,724

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Amounts owed to group undertakings 101,664 272,338
Other creditors 15,650 27,523
117,314 299,861

Abbot Associates Holdings Limited (Registered number: 11736728)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. RELATED PARTY DISCLOSURES

Loans from related parties



Key
management


Total
2024 £ £
At start of period 26,960 26,960
Advanced 61,674 61,674
Repaid (73,697 ) (73,697 )
At end of period 14,937 14,937


Key
management


Total
2023 £ £
At start of the period - -
Advanced 192,496 192,496
Repaid (165,536 ) (165,536 )
At end of period 26,960 26,960

Loans from related parties are repayable on demand.

Abbot Associates Holdings Limited (Registered number: 11736728)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. RELATED PARTY DISCLOSURES - continued

Loans to related parties



Key
management


Total
2024 £ £
At start of the period - -
Advanced - -
Repaid - -
At end of period - -


Key
management


Total
2023 £ £
At start of the period 5,190 5,190
Advanced - -
Repaid (5,190 ) (5,190 )
At end of period - -

Loans to related parties are repayable on demand and interest on balances overdrawn by more than £10,000 are charged at the HMRC prevailing rate.