| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 AUGUST 2024 TO 31 DECEMBER 2024 |
| FOR |
| ABOVO BUSINESS SERVICES LIMITED |
| TRADING AS |
| ABOVO-CONSULT |
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 AUGUST 2024 TO 31 DECEMBER 2024 |
| FOR |
| ABOVO BUSINESS SERVICES LIMITED |
| TRADING AS |
| ABOVO-CONSULT |
| ABOVO BUSINESS SERVICES LIMITED (REGISTERED NUMBER: 09741430) |
| TRADING AS ABOVO-CONSULT |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 AUGUST 2024 TO 31 DECEMBER 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ABOVO BUSINESS SERVICES LIMITED |
| TRADING AS ABOVO-CONSULT |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 AUGUST 2024 TO 31 DECEMBER 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Medina House |
| 2 Station Avenue |
| Bridlington |
| East Yorkshire |
| YO16 4LZ |
| ABOVO BUSINESS SERVICES LIMITED (REGISTERED NUMBER: 09741430) |
| TRADING AS ABOVO-CONSULT |
| BALANCE SHEET |
| 31 DECEMBER 2024 |
| 31.12.24 | 31.7.24 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| ABOVO BUSINESS SERVICES LIMITED (REGISTERED NUMBER: 09741430) |
| TRADING AS ABOVO-CONSULT |
| BALANCE SHEET - continued |
| 31 DECEMBER 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| ABOVO BUSINESS SERVICES LIMITED (REGISTERED NUMBER: 09741430) |
| TRADING AS ABOVO-CONSULT |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 AUGUST 2024 TO 31 DECEMBER 2024 |
| 1. | STATUTORY INFORMATION |
| Abovo Business Services Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of consultancy services, excluding value added tax. Turnover is recognised when the service is provided. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Office equipment | - |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| 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 period 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| ABOVO BUSINESS SERVICES LIMITED (REGISTERED NUMBER: 09741430) |
| TRADING AS ABOVO-CONSULT |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 AUGUST 2024 TO 31 DECEMBER 2024 |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| Additions |
| At 31 December 2024 |
| AMORTISATION |
| Charge for period |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 August 2024 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2024 |
| DEPRECIATION |
| At 1 August 2024 |
| Charge for period |
| Eliminated on disposal | ( |
) |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 July 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.7.24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| ABOVO BUSINESS SERVICES LIMITED (REGISTERED NUMBER: 09741430) |
| TRADING AS ABOVO-CONSULT |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 AUGUST 2024 TO 31 DECEMBER 2024 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.7.24 |
| £ | £ |
| Tax |
| VAT | 4,143 | 9,378 |
| Other creditors |
| Directors' current accounts | 4,157 | 15,360 |
| Accrued expenses |
| Deferred income | 113,568 | 124,576 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.24 | 31.7.24 |
| value: | £ | £ |
| Ordinary | £1 | 55 | 100 |