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REGISTERED NUMBER: 07814974 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Ablewell Limited

Ablewell Limited (Registered number: 07814974)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ablewell Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr K P McCourt
Mr J A Ratcliffe
Mrs R M Beard





SECRETARY: Mr J A Ratcliffe





REGISTERED OFFICE: Green Street Mill
Green Street
Macclesfield
Cheshire
SK10 1JQ





REGISTERED NUMBER: 07814974 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

Ablewell Limited (Registered number: 07814974)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 11,815 11,966

CURRENT ASSETS
Debtors 5 87,931 60,856
Cash at bank 29,538 39,570
117,469 100,426
CREDITORS
Amounts falling due within one year 6 102,727 85,881
NET CURRENT ASSETS 14,742 14,545
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,557

26,511

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 26,457 26,411
SHAREHOLDERS' FUNDS 26,557 26,511

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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 March 2025 and were signed on its behalf by:





Mr J A Ratcliffe - Director


Ablewell Limited (Registered number: 07814974)

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

1. STATUTORY INFORMATION

Ablewell 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.
Plant and machinery etc - 25% on reducing balance, 25% on cost, 15% on reducing balance and 2% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.
Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

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 23 (2023 - 25 ) .

Ablewell Limited (Registered number: 07814974)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 April 2023 53,406
Additions 5,895
Disposals (650 )
At 31 March 2024 58,651
DEPRECIATION
At 1 April 2023 41,440
Charge for year 5,558
Eliminated on disposal (162 )
At 31 March 2024 46,836
NET BOOK VALUE
At 31 March 2024 11,815
At 31 March 2023 11,966

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£ £
Trade debtors 49,682 36,921
Other debtors 38,249 23,935
87,931 60,856

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£ £
Trade creditors 7,595 540
Taxation and social security 8,692 6,614
Other creditors 86,440 78,727
102,727 85,881

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31/3/24 31/3/23
£ £
Mrs R M Beard
Balance outstanding at start of year 1,217 -
Amounts advanced 2,321 1,217
Amounts repaid (3,250 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 288 1,217