1 April 2023 false No description of principal activity Taxfiler 2024.6 04843050business:PrivateLimitedCompanyLtd2023-04-012024-03-31 048430502023-03-31 048430502023-04-012024-03-31 04843050business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 04843050business:FilletedAccounts2023-04-012024-03-31 048430502024-03-31 04843050business:Director12023-04-012024-03-31 04843050business:RegisteredOffice2023-04-012024-03-31 048430502023-03-31 04843050core:WithinOneYear2024-03-31 04843050core:WithinOneYear2023-03-31 04843050core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 04843050core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 04843050core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 04843050core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 04843050core:PreviouslyStatedAmount2024-03-31 04843050core:PreviouslyStatedAmount2023-03-31 04843050business:SmallEntities2023-04-012024-03-31 04843050countries:EnglandWales2023-04-012024-03-31 04843050core:ComputerEquipment2023-04-012024-03-31 04843050core:ComputerEquipment2023-03-31 04843050core:ComputerEquipment2024-03-31 048430502022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 04843050 (England and Wales)
Abacus Accounting Solutions Limited Unaudited accounts for the year ended 31 March 2024
Abacus Accounting Solutions Limited Unaudited accounts Contents
Page
- 2 -
Abacus Accounting Solutions Limited Company Information for the year ended 31 March 2024
Director
Minesh Davda
Company Number
04843050 (England and Wales)
Registered Office
5 Pasture Close North Wembley Middlesex HA0 3JE United Kingdom
Accountants
Abacus Accounting Solutions Ltd 5 Pasture Close North Wembley Middlesex HA0 3JE
- 3 -
Abacus Accounting Solutions Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
778 
1,037 
Current assets
Debtors
6,401 
6,525 
Cash at bank and in hand
4,336 
13,911 
10,737 
20,436 
Creditors: amounts falling due within one year
(7,371)
(9,416)
Net current assets
3,366 
11,020 
Net assets
4,144 
12,057 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
4,142 
12,055 
Shareholders' funds
4,144 
12,057 
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 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 25 January 2025 and were signed on its behalf by
Minesh Davda Director Company Registration No. 04843050
- 4 -
Abacus Accounting Solutions Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Abacus Accounting Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 04843050. The registered office is 5 Pasture Close, North Wembley, Middlesex, HA0 3JE, 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.
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:
Computer equipment
25% Reducing balance
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
4,792 
At 31 March 2024
4,792 
Depreciation
At 1 April 2023
3,755 
Charge for the year
259 
At 31 March 2024
4,014 
Net book value
At 31 March 2024
778 
At 31 March 2023
1,037 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,401 
6,525 
- 5 -
Abacus Accounting Solutions Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
7,317 
9,412 
Other creditors
54 
4 
7,371 
9,416 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -