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Company Registration No. 10989293 (England and Wales)
Abacus Logistics (Felixstowe) Ltd Unaudited accounts for the year ended 31 March 2024
Abacus Logistics (Felixstowe) Ltd Unaudited accounts Contents
Page
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Abacus Logistics (Felixstowe) Ltd Company Information for the year ended 31 March 2024
Directors
Nathan CARR Paul John CARR Peter James CARR
Secretary
Paul John CARR
Company Number
10989293 (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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Abacus Logistics (Felixstowe) Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
1,468,280 
776,000 
Cash at bank and in hand
271,700 
574,888 
1,739,980 
1,350,888 
Creditors: amounts falling due within one year
(316,809)
(224,602)
Net current assets
1,423,171 
1,126,286 
Total assets less current liabilities
1,423,171 
1,126,286 
Creditors: amounts falling due after more than one year
- 
(1,716)
Net assets
1,423,171 
1,124,570 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
1,423,069 
1,124,468 
Shareholders' funds
1,423,171 
1,124,570 
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 directors acknowledge their 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 of Directors and authorised for issue on 20 December 2024 and were signed on its behalf by
Paul John CARR Director Company Registration No. 10989293
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Abacus Logistics (Felixstowe) Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Abacus Logistics (Felixstowe) Ltd is a private company, limited by shares, registered in England and Wales, registration number 10989293. 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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,196,438 
144,539 
Amounts due from group undertakings etc.
246,000 
249,253 
Other debtors
25,842 
382,208 
1,468,280 
776,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
77,876 
- 
Trade creditors
103,052 
112,302 
Taxes and social security
130,373 
108,862 
Accruals
5,508 
3,438 
316,809 
224,602 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
- 
1,716 
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Abacus Logistics (Felixstowe) Ltd Notes to the Accounts for the year ended 31 March 2024
7
Average number of employees
During the year the average number of employees was 15 (2023: 15).
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