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Company Registration No. 07667659 (England and Wales)
AB Infotech Limited Unaudited accounts for the year ended 30 June 2024
AB Infotech Limited Unaudited accounts Contents
Page
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AB Infotech Limited Company Information for the year ended 30 June 2024
Director
Alok Bansode
Company Number
07667659 (England and Wales)
Registered Office
1 Chidden Holt Chandler's Ford Eastleigh Hampshire SO53 4RJ England
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AB Infotech Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,895 
3,619 
Current assets
Debtors
7,980 
26,380 
Cash at bank and in hand
37,662 
20,036 
45,642 
46,416 
Creditors: amounts falling due within one year
(43,361)
(40,414)
Net current assets
2,281 
6,002 
Total assets less current liabilities
5,176 
9,621 
Creditors: amounts falling due after more than one year
(4,632)
(8,760)
Net assets
544 
861 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
542 
859 
Shareholders' funds
544 
861 
For the year ending 30 June 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 17 March 2025 and were signed on its behalf by
Alok Bansode Director Company Registration No. 07667659
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AB Infotech Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
AB Infotech Limited is a private company, limited by shares, registered in England and Wales, registration number 07667659. The registered office is 1 Chidden Holt, Chandler's Ford, Eastleigh, Hampshire, SO53 4RJ, England.
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.
Presentation currency
The accounts are presented in £ sterling.
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
20% reduce balance basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
12,882 
At 30 June 2024
12,882 
Depreciation
At 1 July 2023
9,263 
Charge for the year
724 
At 30 June 2024
9,987 
Net book value
At 30 June 2024
2,895 
At 30 June 2023
3,619 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
7,980 
26,380 
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AB Infotech Limited Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,517 
4,406 
VAT
6,900 
7,027 
Taxes and social security
6,742 
22,159 
Other creditors
6,822 
6,822 
Loans from directors
18,380 
- 
43,361 
40,414 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,632 
8,760 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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