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Company No: 03148810 (England and Wales)

ABBOTPLACE LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 18 JANUARY 2025
PAGES FOR FILING WITH THE REGISTRAR

ABBOTPLACE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 18 JANUARY 2025

Contents

ABBOTPLACE LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 18 JANUARY 2025
ABBOTPLACE LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 18 JANUARY 2025
DIRECTORS Mr J Daniel
Mr J Larkey
REGISTERED OFFICE Floor 2
201 Great Portland Street
London
W1W 5AB
United Kingdom
COMPANY NUMBER 03148810 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
2nd Floor
201 Great Portland Street
Marylebone
London
W1W 5AB
United Kingdom
ABBOTPLACE LIMITED

BALANCE SHEET

AS AT 18 JANUARY 2025
ABBOTPLACE LIMITED

BALANCE SHEET (continued)

AS AT 18 JANUARY 2025
Note 2025 2024
£ £
Current assets
Stocks 4 2 219,790
Debtors 5 352 74,990
Cash at bank and in hand 6 718,088 105,961
718,442 400,741
Creditors: amounts falling due within one year 7 ( 178,909) ( 5,292)
Net current assets 539,533 395,449
Total assets less current liabilities 539,533 395,449
Net assets 539,533 395,449
Capital and reserves
Called-up share capital 9 2 2
Profit and loss account 539,531 395,447
Total shareholders' funds 539,533 395,449

For the financial year ending 18 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Abbotplace Limited (registered number: 03148810) were approved and authorised for issue by the Board of Directors on 08 April 2025. They were signed on its behalf by:

Mr J Daniel
Director
ABBOTPLACE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 18 JANUARY 2025
ABBOTPLACE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 18 JANUARY 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Abbotplace Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Floor 2, 201 Great Portland Street, London, W1W 5AB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the invoiced value of goods and services supplied by the company.

Taxation

Current tax
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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Dividends on equity shares

2025 2024
£ £
Amounts recognised as distributions to equity holders in the financial year:
Interim dividend for the financial year ended 18 January 2025 of £115,000.00 (2024: £114,000.00) per ordinary share 230,000 228,000

4. Stocks

2025 2024
£ £
Stocks 2 219,790

5. Debtors

2025 2024
£ £
Prepayments 352 764
Deferred tax asset 0 74,191
Corporation tax 0 35
352 74,990

6. Cash and cash equivalents

2025 2024
£ £
Cash at bank and in hand 718,088 105,961

7. Creditors: amounts falling due within one year

2025 2024
£ £
Accruals 129,418 5,292
Taxation and social security 49,491 0
178,909 5,292

8. Deferred tax

2025 2024
£ £
At the beginning of financial year 74,191 59,236
(Charged)/credited to the Profit and Loss Account ( 74,191) 14,955
At the end of financial year 0 74,191

9. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2