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REGISTERED NUMBER: 07508404 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Abtec Specialist Projects Ltd

Abtec Specialist Projects Ltd (Registered number: 07508404)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abtec Specialist Projects Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: C E LINE
T Blackmore





REGISTERED OFFICE: 130 Bournemouth Road
Chandler's Ford
Hampshire
SO53 3AL





REGISTERED NUMBER: 07508404 (England and Wales)





ACCOUNTANTS: CBM Accountants Limited
130 Bournemouth Road
Chandler's Ford
Eastleigh
Hampshire
SO53 3AL

Abtec Specialist Projects Ltd (Registered number: 07508404)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 632 790

CURRENT ASSETS
Stocks 650 650
Debtors 5 29,353 42,912
Cash at bank and in hand 5,797 14,985
35,800 58,547
CREDITORS
Amounts falling due within one year 6 18,218 29,742
NET CURRENT ASSETS 17,582 28,805
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,214

29,595

CREDITORS
Amounts falling due after more than one
year

7

11,984

22,912
NET ASSETS 6,230 6,683

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 6,130 6,583
SHAREHOLDERS' FUNDS 6,230 6,683

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Abtec Specialist Projects Ltd (Registered number: 07508404)

Balance Sheet - continued
31 January 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 Board of Directors and authorised for issue on 16 February 2025 and were signed on its behalf by:





C E LINE - Director


Abtec Specialist Projects Ltd (Registered number: 07508404)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Abtec Specialist Projects 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.

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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Abtec Specialist Projects Ltd (Registered number: 07508404)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 19,628 13,979 33,607
DEPRECIATION
At 1 February 2023 18,838 13,979 32,817
Charge for year 158 - 158
At 31 January 2024 18,996 13,979 32,975
NET BOOK VALUE
At 31 January 2024 632 - 632
At 31 January 2023 790 - 790

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,277 20,887
Other debtors 20,525 20,525
Sundry Debtors 1,500 1,500
Tax 3,051 -
29,353 42,912

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 1,916 10,011
Tax 4,086 5,213
VAT 1,397 3,526
Other creditors 528 528
Directors' current accounts 3 4
Accruals and deferred income 288 460
18,218 29,742

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 11,984 22,912

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

Abtec Specialist Projects Ltd (Registered number: 07508404)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
C E LINE
Balance outstanding at start of year - 5,200
Amounts repaid - (5,200 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

T Blackmore
Balance outstanding at start of year - 5,612
Amounts repaid - (5,612 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -