2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,087 1,875 71 1,946 141 212 xbrli:pure xbrli:shares iso4217:GBP 07363764 2023-10-01 2024-09-30 07363764 2024-09-30 07363764 2023-09-30 07363764 2022-10-01 2023-09-30 07363764 2023-09-30 07363764 2022-09-30 07363764 core:PlantMachinery 2023-10-01 2024-09-30 07363764 bus:Director1 2023-10-01 2024-09-30 07363764 bus:Director2 2023-10-01 2024-09-30 07363764 core:PlantMachinery 2023-09-30 07363764 core:PlantMachinery 2024-09-30 07363764 core:WithinOneYear 2024-09-30 07363764 core:WithinOneYear 2023-09-30 07363764 core:ShareCapital 2024-09-30 07363764 core:ShareCapital 2023-09-30 07363764 core:RetainedEarningsAccumulatedLosses 2024-09-30 07363764 core:RetainedEarningsAccumulatedLosses 2023-09-30 07363764 core:PlantMachinery 2023-09-30 07363764 bus:SmallEntities 2023-10-01 2024-09-30 07363764 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 07363764 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07363764 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07363764 bus:FullAccounts 2023-10-01 2024-09-30
COMPANY REGISTRATION NUMBER: 07363764
ABC CODING LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
30 September 2024
ABC CODING LIMITED
STATEMENT OF FINANCIAL POSITION
30 September 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Tangible assets
5
141
212
CURRENT ASSETS
Debtors
6
16,451
19,729
Cash at bank and in hand
2,011
10,022
--------
--------
18,462
29,751
CREDITORS: amounts falling due within one year
7
14,459
10,877
--------
--------
NET CURRENT ASSETS
4,003
18,874
-------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
4,144
19,086
-------
--------
NET ASSETS
4,144
19,086
-------
--------
CAPITAL AND RESERVES
Called up share capital
2,500
2,500
Profit and loss account
1,644
16,586
-------
--------
SHAREHOLDERS FUNDS
4,144
19,086
-------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
ABC CODING LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 September 2024
These financial statements were approved by the board of directors and authorised for issue on 10 January 2025 , and are signed on behalf of the board by:
Mrs M Page
Mr R W Page
Director
Director
Company registration number: 07363764
ABC CODING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northants, NN15 6WJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis and are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
25% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. TANGIBLE ASSETS
Plant and machinery
£
Cost
At 1 October 2023 and 30 September 2024
2,087
-------
Depreciation
At 1 October 2023
1,875
Charge for the year
71
-------
At 30 September 2024
1,946
-------
Carrying amount
At 30 September 2024
141
-------
At 30 September 2023
212
-------
6. DEBTORS
2024
2023
£
£
Trade debtors
16,451
19,274
Other debtors
455
--------
--------
16,451
19,729
--------
--------
7. CREDITORS: amounts falling due within one year
2024
2023
£
£
Trade creditors
146
525
Social security and other taxes
176
8,672
Other creditors
14,137
1,680
--------
--------
14,459
10,877
--------
--------