Company registration number 08732895 (England and Wales)
ABADA GRIP & EQUIPMENT SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
ABADA GRIP & EQUIPMENT SERVICES LTD
BALANCE SHEET
AS AT 31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
12,955
16,194
Current assets
16,815
8,506
Prepayments and accrued income
1,337
1,311
Creditors: amounts falling due within one year
(23,730)
26,571
Net current (liabilities)/assets
(5,578)
36,388
Total assets less current liabilities
7,377
52,582
Accruals and deferred income
(2,500)
(2,513)
Net assets
4,877
50,069
Capital and reserves
4,877
50,069
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

During the year, the company made additional advances to the director. The amount advanced was £22,068 and the amount repaid was £66,424. At the balance sheet date, the amount owed to the director by the company was £356 (2023 - £44,000 owed to the company by the director). The loan was unsecured, interest free and repayable on demand.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
1

Abada Grip & Equipment Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Copthorne Business Suite, Copthorne Way, Copthorne, West Sussex, RH10 3PG.

For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

ABADA GRIP & EQUIPMENT SERVICES LTD
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024
31 October 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 1 May 2025
Mr P Muncey
Director
Company registration number 08732895 (England and Wales)
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