2023-12-01 05290427 2024-11-30 05290427 2023-12-01 2024-11-30 05290427 2023-11-30 05290427 2022-12-01 2023-11-30 05290427 uk-core:WithinOneYear 2023-11-30 05290427 uk-core:WithinOneYear 2024-11-30 05290427 uk-core:AfterOneYear 2023-11-30 05290427 uk-core:AfterOneYear 2024-11-30 05290427 uk-core:ShareCapital 2024-11-30 05290427 uk-core:ShareCapital 2023-11-30 05290427 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 05290427 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 05290427 uk-bus:Director1 2023-12-01 2024-11-30 05290427 uk-core:FurnitureFittings 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure 05290427 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 05290427 uk-bus:FRS102 2023-12-01 2024-11-30 05290427 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 05290427 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
ABD Enterprises Ltd
Registered Number:05290427
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2024
ABD Enterprises Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
05290427
As at 30 November 2024
ABD Enterprises Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
76,612
78,886
2
76,612
78,886
Current assets
Inventories
14,024
16,291
3
Trade and other receivables
10,670
10,553
4
123,341
Cash and cash equivalents
98,396
125,240
148,035
Trade and other payables: amounts falling due within one
year
(84,544)
(51,309)
5
63,491
73,931
Net current assets
Total assets less current liabilities
150,543
142,377
Trade and other payables: amounts falling due after more
than one year
(30,312)
(18,676)
6
(3,054)
(3,027)
Provisions for liabilities
128,813
Net assets
109,038
Capital and reserves
Called up share capital
100
100
Retained earnings
128,713
108,938
128,813
109,038
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
D Thorlby Director
These financial statements were approved and authorised for issue by the Board on 27 March 2025 and were signed by:
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4
Registered Number :
05290427
For the year ended 30 November 2024
ABD Enterprises Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 November 2024
ABD Enterprises Ltd
Notes to the Financial Statements
Statutory Information
ABD Enterprises Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05290427.
Registered address:
31 High Street
Sheffield
S1 2GA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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6
For the year ended 30 November 2024
ABD Enterprises Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 December 2023
150,167
2,010
Additions
At 30 November 2024
152,177
Provision for depreciation and impairment
At 01 December 2023
71,281
Charge for year
4,284
At 30 November 2024
75,565
At 30 November 2024
Net book value
76,612
At 30 November 2023
78,886
3. Inventories
2023
2024
£
£
Stocks
16,291
14,024
4. Trade and other receivables
2023
2024
£
£
Other debtors
10,553
10,670
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
19,526
56,340
Taxation and social security
16,950
5,761
Other creditors
14,833
22,443
51,309
84,544
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7
For the year ended 30 November 2024
ABD Enterprises Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
18,676
30,312
7. Average number of persons employed
During the year the average number of employees was 29 (2023 : 29)
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