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REGISTERED NUMBER: 09051102 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MAY 2024

FOR

ABEL AIR CONDITIONING LIMITED

ABEL AIR CONDITIONING LIMITED (REGISTERED NUMBER: 09051102)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABEL AIR CONDITIONING LIMITED

COMPANY INFORMATION
For The Year Ended 30 May 2024







DIRECTOR: M P Burrows





SECRETARY:





REGISTERED OFFICE: 12 Honiton Road
Welling
Kent
DA16 3LB





REGISTERED NUMBER: 09051102 (England and Wales)





ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP

ABEL AIR CONDITIONING LIMITED (REGISTERED NUMBER: 09051102)

BALANCE SHEET
30 May 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,286 1,714

CURRENT ASSETS
Debtors 5 166,754 130,331
Cash at bank 353,769 264,917
520,523 395,248
CREDITORS
Amounts falling due within one year 6 (130,785 ) (101,111 )
NET CURRENT ASSETS 389,738 294,137
TOTAL ASSETS LESS CURRENT
LIABILITIES

391,024

295,851

CREDITORS
Amounts falling due after more than one
year

7

(10,000

)

(20,000

)
NET ASSETS 381,024 275,851

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 380,924 275,751
381,024 275,851

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ABEL AIR CONDITIONING LIMITED (REGISTERED NUMBER: 09051102)

BALANCE SHEET - continued
30 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 August 2024 and were signed by:





M P Burrows - Director


ABEL AIR CONDITIONING LIMITED (REGISTERED NUMBER: 09051102)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 May 2024

1. STATUTORY INFORMATION

Abel Air Conditioning Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

ABEL AIR CONDITIONING LIMITED (REGISTERED NUMBER: 09051102)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 May 2023
and 30 May 2024 7,414
DEPRECIATION
At 31 May 2023 5,700
Charge for year 428
At 30 May 2024 6,128
NET BOOK VALUE
At 30 May 2024 1,286
At 30 May 2023 1,714

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 149,881 113,713
Other debtors 16,873 16,618
166,754 130,331

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 31,488 33,679
Taxation and social security 82,688 53,703
Other creditors 6,609 3,729
130,785 101,111

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 10,000 20,000