ABACUS HOME LIMITED

Company Registration Number:
08305747 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

ABACUS HOME LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

ABACUS HOME LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 42,750 50,378
Total fixed assets: 42,750 50,378
Current assets
Stocks: 243,671 195,511
Debtors:   269,367 438,099
Cash at bank and in hand: 6,534 97,729
Total current assets: 519,572 731,339
Creditors: amounts falling due within one year:   (481,383) (611,700)
Net current assets (liabilities): 38,189 119,639
Total assets less current liabilities: 80,939 170,017
Creditors: amounts falling due after more than one year:   (23,164) (31,060)
Total net assets (liabilities): 57,775 138,957
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 57,773 138,955
Shareholders funds: 57,775 138,957

The notes form part of these financial statements

ABACUS HOME LIMITED

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 November 2024
and signed on behalf of the board by:

Name: Mr John Williamson
Status: Director

The notes form part of these financial statements

ABACUS HOME LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ABACUS HOME LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 17 9

ABACUS HOME LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 113,153
Additions 14,269
At 30 November 2023 127,422
Depreciation
At 01 December 2022 62,775
Charge for year 21,897
At 30 November 2023 84,672
Net book value
At 30 November 2023 42,750
At 30 November 2022 50,378

ABACUS HOME LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Related party transactions

Name of the related party: John Williamson
Relationship:
Director
Description of the Transaction: A loan to the company, free of interest and repayable on demand.
£
Balance at 01 December 2022 41,161
Balance at 30 November 2023 77,210
Name of the related party: Mr Richard Williamson
Relationship:
Director
Description of the Transaction: A loan to the company, free of interest and repayable on demand.
£
Balance at 01 December 2022 46,977
Balance at 30 November 2023 21,204