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REGISTERED NUMBER: 12720155 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

ABC TRAILER SOLUTIONS LIMITED

ABC TRAILER SOLUTIONS LIMITED (REGISTERED NUMBER: 12720155)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


ABC TRAILER SOLUTIONS LIMITED (REGISTERED NUMBER: 12720155)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 291,533 71,479

CURRENT ASSETS
Stocks 23,000 825,000
Debtors 5 68,795 142,436
Cash at bank 42,893 3,881,561
134,688 4,848,997
CREDITORS
Amounts falling due within one year 6 (1,208,091 ) (4,698,326 )
NET CURRENT (LIABILITIES)/ASSETS (1,073,403 ) 150,671
TOTAL ASSETS LESS CURRENT
LIABILITIES

(781,870

)

222,150

CREDITORS
Amounts falling due after more than one
year

7

(148,051

)

(40,682

)

PROVISIONS FOR LIABILITIES (18,381 ) (4,346 )
NET (LIABILITIES)/ASSETS (948,302 ) 177,122

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (948,402 ) 177,022
(948,302 ) 177,122

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

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

ABC TRAILER SOLUTIONS LIMITED (REGISTERED NUMBER: 12720155)

BALANCE SHEET - continued
31 JULY 2024


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 29 April 2025 and were signed on its behalf by:





K Wyllie Schmitz - Director


ABC TRAILER SOLUTIONS LIMITED (REGISTERED NUMBER: 12720155)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

ABC Trailer Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12720155

Registered office: Fourwinds
6 Barry Rise
Bowdon
Altrincham
Cheshire
WA14 3JS

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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


ABC TRAILER SOLUTIONS LIMITED (REGISTERED NUMBER: 12720155)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 26,775 61,701 21,074 109,550
Additions 24,720 281,570 3,556 309,846
Disposals - (61,222 ) - (61,222 )
At 31 July 2024 51,495 282,049 24,630 358,174
DEPRECIATION
At 1 August 2023 11,642 12,470 13,959 38,071
Charge for year 11,053 36,789 5,250 53,092
Eliminated on disposal - (24,522 ) - (24,522 )
At 31 July 2024 22,695 24,737 19,209 66,641
NET BOOK VALUE
At 31 July 2024 28,800 257,312 5,421 291,533
At 31 July 2023 15,133 49,231 7,115 71,479

ABC TRAILER SOLUTIONS LIMITED (REGISTERED NUMBER: 12720155)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 23,648 116,384
Other debtors 45,147 26,052
68,795 142,436

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 20,861 10,405
Trade creditors 407,286 2,370,534
Taxation and social security 17,763 383,728
Other creditors 762,181 1,933,659
1,208,091 4,698,326

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 148,051 40,682

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 20,861 10,405
Between one and five years 148,051 40,682
168,912 51,087

Non-cancellable operating leases
2024 2023
£    £   
Within one year 31,250 75,000