ABSTRACT TECHNOLOGY LIMITED

Company Registration Number:
05125086 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

ABSTRACT TECHNOLOGY LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ABSTRACT TECHNOLOGY LIMITED

Company Information

for the Period Ended 30 April 2024




Director: Rupert Lung
Hamedeh Lung
Secretary: Hamedeh Lung
Registered office: 17
Derwent Avenue
Kingston Vale Putney
London
SW15 3RA
Company Registration Number: 05125086 (England and Wales)

ABSTRACT TECHNOLOGY LIMITED

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal Activities

The principal activities of the company in the period under review was the system consultancy, outsource and offshore IT development.

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
Rupert Lung
Hamedeh Lung

Secretary
Hamedeh Lung

This report was approved by the board of directors on 14 January 2025
And Signed On Behalf Of The Board By:

Name: Rupert Lung
Status: Director

ABSTRACT TECHNOLOGY LIMITED

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Administrative Expenses ( 13 ) ( 13 )
Operating Profit or (Loss) ( 13 ) ( 13 )
Profit or (Loss) Before Tax ( 13 ) ( 13 )
Profit or (Loss) for Period ( 13 ) ( 13 )

The notes form part of these financial statements

ABSTRACT TECHNOLOGY LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 888 888
Cash at bank and in hand: 718 718
Total current assets: 1,606 1,606
Creditors: amounts falling due within one year: 5 ( 35,872 ) ( 35,859 )
Net current assets (liabilities): ( 34,266 ) ( 34,253 )
Total assets less current liabilities: ( 34,266 ) ( 34,253 )
Total net assets (liabilities): ( 34,266 ) ( 34,253 )

The notes form part of these financial statements

ABSTRACT TECHNOLOGY LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 250 250
Profit and loss account: ( 34,516 ) ( 34,503 )
Shareholders funds: ( 34,266 ) ( 34,253 )

For the year ending 30 April 2024 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.

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

This report was approved by the board of directors on 14 January 2025
And Signed On Behalf Of The Board By:

Name: Rupert Lung
Status: Director

The notes form part of these financial statements

ABSTRACT TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents the total invoice value, excluding the value added tax, of sale made during the periods and derives from the provision of goods falling with the company's ordinary activities.

    Tangible fixed assets depreciation policy

    Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follow: Fixtures, fittings and equipment - 25% straight line.

ABSTRACT TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

ABSTRACT TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

ABSTRACT TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors


2024
£

2023
£
Trade debtors 888 888
Other debtors 0 0
Total 888 888
Debtors due after more than one year: 888 888

ABSTRACT TECHNOLOGY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 35,872 35,859
Total 35,872 35,859