1 April 2024 false No description of principal activity Taxfiler 2024.6 05447729business:PrivateLimitedCompanyLtd2024-04-012025-03-31 054477292024-03-31 054477292024-04-012025-03-31 05447729business:AuditExemptWithAccountantsReport2024-04-012025-03-31 05447729business:FilletedAccounts2024-04-012025-03-31 054477292025-03-31 05447729business:Director12024-04-012025-03-31 05447729business:Director22024-04-012025-03-31 05447729business:RegisteredOffice2024-04-012025-03-31 054477292024-03-31 05447729core:WithinOneYear2025-03-31 05447729core:WithinOneYear2024-03-31 05447729core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 05447729core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 05447729core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 05447729core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 05447729core:PreviouslyStatedAmount2025-03-31 05447729core:PreviouslyStatedAmount2024-03-31 05447729business:SmallEntities2024-04-012025-03-31 05447729countries:EnglandWales2024-04-012025-03-31 05447729core:FurnitureFittings2024-04-012025-03-31 05447729core:FurnitureFittings2024-03-31 05447729core:FurnitureFittings2025-03-31 054477292023-04-012024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 05447729 (England and Wales)
Abacus Accounting (N.E.) Limited Unaudited accounts for the year ended 31 March 2025
Abacus Accounting (N.E.) Limited Unaudited accounts Contents
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Abacus Accounting (N.E.) Limited Company Information for the year ended 31 March 2025
Directors
D C Smallbone S Jackson
Company Number
05447729 (England and Wales)
Registered Office
3a Blue Sky Way Monkton Business Park South Hebburn NE31 2EQ United Kingdom
Accountants
Abacus Accounting (NE) Limited 3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ
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Abacus Accounting (N.E.) Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
283 
1,173 
Current assets
Debtors
119,091 
43,430 
Cash at bank and in hand
71,230 
103,433 
190,321 
146,863 
Creditors: amounts falling due within one year
(185,996)
(143,334)
Net current assets
4,325 
3,529 
Total assets less current liabilities
4,608 
4,702 
Provisions for liabilities
Deferred tax
(54)
(223)
Net assets
4,554 
4,479 
Capital and reserves
Called up share capital
8 
8 
Profit and loss account
4,546 
4,471 
Shareholders' funds
4,554 
4,479 
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by
D C Smallbone Director Company Registration No. 05447729
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Abacus Accounting (N.E.) Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Abacus Accounting (N.E.) Limited is a private company, limited by shares, registered in England and Wales, registration number 05447729. The registered office is 3a Blue Sky Way, Monkton Business Park South, Hebburn, NE31 2EQ, United Kingdom.
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:
Fixtures & fittings
15%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
5,931 
At 31 March 2025
5,931 
Depreciation
At 1 April 2024
4,758 
Charge for the year
890 
At 31 March 2025
5,648 
Net book value
At 31 March 2025
283 
At 31 March 2024
1,173 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
119,091 
43,430 
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Abacus Accounting (N.E.) Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
102 
3,419 
Taxes and social security
26,808 
15,732 
Other creditors
100,766 
79,282 
Loans from directors
58,320 
44,901 
185,996 
143,334 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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