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REGISTERED NUMBER: 08877122 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28TH FEBRUARY 2024

FOR

ABINGTON LEA LTD

ABINGTON LEA LTD (REGISTERED NUMBER: 08877122)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABINGTON LEA LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2024







DIRECTORS: A D Gadney
D Sturdy





REGISTERED OFFICE: 12 Bulstrode Gardens
Cambridge
CB3 0EN





REGISTERED NUMBER: 08877122 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

ABINGTON LEA LTD (REGISTERED NUMBER: 08877122)

BALANCE SHEET
28TH FEBRUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 258,427 258,427

CURRENT ASSETS
Cash at bank 2,171 1,916

CREDITORS
Amounts falling due within one year 6 (359 ) (719 )
NET CURRENT ASSETS 1,812 1,197
TOTAL ASSETS LESS CURRENT LIABILITIES 260,239 259,624

CREDITORS
Amounts falling due after more than one
year

7

(260,245

)

(260,232

)
NET LIABILITIES (6 ) (608 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings (7 ) (609 )
SHAREHOLDERS' FUNDS (6 ) (608 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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.

ABINGTON LEA LTD (REGISTERED NUMBER: 08877122)

BALANCE SHEET - continued
28TH FEBRUARY 2024


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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th November 2024 and were signed on its behalf by:





A D Gadney - Director


ABINGTON LEA LTD (REGISTERED NUMBER: 08877122)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2024

1. STATUTORY INFORMATION

Abington Lea Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
At the balance sheet date liabilities exceeded assets by £6 (2023 £608). The financial statements have been prepared on a going concern basis as the company continues to receive the full support of the director and is therefore expected to meet its liabilities as they fall due.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Land - Not depreciated

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1st March 2023
and 28th February 2024 258,427
NET BOOK VALUE
At 28th February 2024 258,427
At 28th February 2023 258,427

ABINGTON LEA LTD (REGISTERED NUMBER: 08877122)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 360
Other creditors 359 359
359 719

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 260,245 260,232

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1p 1 1

9. RELATED PARTY DISCLOSURES

At the balance sheet date the amount of £155,020 (2023: £155,007) was owed to the directors. This amount bears no interest, has no fixed date of repayment and is disclosed within other creditors due in more than one year.

At the balance sheet date the company owed £105,225 (2023: £105,225) to a company controlled by a director. The amount bears no interest, has no fixed date of repayment and is disclosed within other creditors due in more than one year.