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REGISTERED NUMBER: 07008047 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ABBEYSTAR PRINT SOLUTIONS LTD

ABBEYSTAR PRINT SOLUTIONS LTD (REGISTERED NUMBER: 07008047)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABBEYSTAR PRINT SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: V P Ward





REGISTERED OFFICE: Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD





BUSINESS ADDRESS: 86 Pall Mall
Leigh on Sea
Essex
SS9 1RG





REGISTERED NUMBER: 07008047 (England and Wales)





ACCOUNTANTS: A.R. Lee & Co.
Chartered Certified Accountants
Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD

ABBEYSTAR PRINT SOLUTIONS LTD (REGISTERED NUMBER: 07008047)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,220 11,211

CURRENT ASSETS
Debtors 5 17,558 43,704
Cash at bank and in hand 6,956 3,164
24,514 46,868
CREDITORS
Amounts falling due within one year 6 24,033 60,557
NET CURRENT ASSETS/(LIABILITIES) 481 (13,689 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,701

(2,478

)

CREDITORS
Amounts falling due after more than one
year

7

(1,291

)

(3,305

)

PROVISIONS FOR LIABILITIES (1,942 ) (2,130 )
NET ASSETS/(LIABILITIES) 7,468 (7,913 )

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 6,468 (8,913 )
SHAREHOLDERS' FUNDS 7,468 (7,913 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

ABBEYSTAR PRINT SOLUTIONS LTD (REGISTERED NUMBER: 07008047)

BALANCE SHEET - continued
31 OCTOBER 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 1 February 2025 and were signed by:





V P Ward - Director


ABBEYSTAR PRINT SOLUTIONS LTD (REGISTERED NUMBER: 07008047)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Abbeystar Print Solutions Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Improvements to property - 10% on reducing balance
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

ABBEYSTAR PRINT SOLUTIONS LTD (REGISTERED NUMBER: 07008047)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2023 3,000 61,334 4,452
Additions - 445 -
At 31 October 2024 3,000 61,779 4,452
DEPRECIATION
At 1 November 2023 2,133 55,224 3,017
Charge for year 87 655 144
At 31 October 2024 2,220 55,879 3,161
NET BOOK VALUE
At 31 October 2024 780 5,900 1,291
At 31 October 2023 867 6,110 1,435

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2023 10,848 45,189 124,823
Additions - 1,812 2,257
At 31 October 2024 10,848 47,001 127,080
DEPRECIATION
At 1 November 2023 9,784 43,454 113,612
Charge for year 266 2,096 3,248
At 31 October 2024 10,050 45,550 116,860
NET BOOK VALUE
At 31 October 2024 798 1,451 10,220
At 31 October 2023 1,064 1,735 11,211

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 16,150 40,928
Other debtors 1,408 2,776
17,558 43,704

ABBEYSTAR PRINT SOLUTIONS LTD (REGISTERED NUMBER: 07008047)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 2,000 2,000
Trade creditors 5,772 34,013
Taxation and social security 6,646 2,220
Other creditors 9,615 22,324
24,033 60,557

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 1,291 3,305

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
300 Ordinary A £1 300 300
300 Ordinary B £1 300 300
100 Ordinary C £1 100 100
100 Ordinary D £1 100 100
50 Ordinary E £1 50 50
50 Ordinary F £1 50 50
50 Ordinary G £1 50 50
50 Ordinary H £1 50 50
1,000 1,000