Company Registration No. 11838129 (England and Wales)
ABC MOBIL LTD
Unaudited accounts
for the year ended 29 February 2024
ABC MOBIL LTD
Unaudited accounts
Contents
ABC MOBIL LTD
Company Information
for the year ended 29 February 2024
Director
Swinder Singh Chawla
Company Number
11838129 (England and Wales)
Registered Office
UNIT 1B
GRAND UNION WAY
SOUTHALL
UB2 4EX
UNITED KINGDOM
Accountants
Protax Chartered Certified Accountants
371
Bordesley Green
Birmingham
Westmidlands
B9 5RP
ABC MOBIL LTD
Statement of financial position
as at 29 February 2024
Tangible assets
22,121
29,495
Investments
454,495
348,810
Inventories
546,063
666,568
Cash at bank and in hand
54,388
17,081
Creditors: amounts falling due within one year
(12,122)
(115,396)
Net current assets
588,329
568,253
Net assets
1,064,945
946,558
Called up share capital
100
100
Profit and loss account
1,064,845
946,458
Shareholders' funds
1,064,945
946,558
For the year ending 29 February 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 28 November 2024 and were signed on its behalf by
Swinder Singh Chawla
Director
Company Registration No. 11838129
ABC MOBIL LTD
Notes to the Accounts
for the year ended 29 February 2024
ABC MOBIL LTD is a private company, limited by shares, registered in England and Wales, registration number 11838129. The registered office is UNIT 1B, GRAND UNION WAY, SOUTHALL, UB2 4EX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
50% Staright Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
10,313
32,499
42,812
At 29 February 2024
10,313
32,499
42,812
At 1 March 2023
1,692
11,625
13,317
Charge for the year
2,155
5,219
7,374
At 29 February 2024
3,847
16,844
20,691
At 29 February 2024
6,466
15,655
22,121
At 28 February 2023
8,621
20,874
29,495
5
Investments
Other investments
Valuation at 1 March 2023
348,810
Valuation at 29 February 2024
454,495
ABC MOBIL LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,268
207,240
Other creditors
1,350
1,200
Loans from directors
-
(105,685)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).