Registered number
03403937
ABC Computing Limited
Unaudited Filleted Accounts
31 July 2024
ABC Computing Limited
Registered number: 03403937
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 11,657 10,101
Current assets
Debtors 4 7,791 9,664
Cash at bank and in hand 9,320 11,131
17,111 20,795
Creditors: amounts falling due within one year 5 (20,849) (20,610)
Net current (liabilities)/assets (3,738) 185
Total assets less current liabilities 7,919 10,286
Creditors: amounts falling due after more than one year 6 (5,584) (9,099)
Provisions for liabilities (2,215) (1,919)
Net assets/(liabilities) 120 (732)
Capital and reserves
Called up share capital 100 100
Profit and loss account 20 (832)
Shareholders' funds 120 (732)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Lewis
Director
Approved by the board on 16 April 2025
ABC Computing Limited
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the costs, less estimated residual value, of each asset over its expected useful life. The methods and applicable rates are:
Plant and machinery 25% per annum of net book value
Deferred Taxation
Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2023 20,106
Additions 5,442
At 31 July 2024 25,548
Depreciation
At 1 August 2023 10,005
Charge for the year 3,886
At 31 July 2024 13,891
Net book value
At 31 July 2024 11,657
At 31 July 2023 10,101
4 Debtors 2024 2023
£ £
Trade debtors 6,625 8,490
Other debtors 1,166 1,174
7,791 9,664
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 2,655 2,655
Trade creditors 790 692
Taxation and social security costs 11,484 11,784
Other creditors 5,920 5,479
20,849 20,610
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 5,584 9,099
7 Controlling party
The company is controlled by the directors with no individual director having overall control.
8 Other information
ABC Computing Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
Delwood
Old Highway
Colwyn Bay
Conwy
LL29 7SU
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