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REGISTERED NUMBER: 10778761 (England and Wales)















ABA Insurance Commercial Limited

Unaudited Financial Statements for the Year Ended 31 March 2025






ABA Insurance Commercial Limited (Registered number: 10778761)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ABA Insurance Commercial Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: J S Samrai





REGISTERED OFFICE: 3-5 London Road
Rainham
Gillingham
Kent
ME8 7RG





BUSINESS ADDRESS: Kent Spaces Suite 39
Fleet House
Springhead Enterprise Park
Northfleet
Kent
DA11 8HJ





REGISTERED NUMBER: 10778761 (England and Wales)





ACCOUNTANTS: Aggarwal & Co
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

ABA Insurance Commercial Limited (Registered number: 10778761)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 31,229 4,887

CURRENT ASSETS
Debtors 5 256,200 181,181
Cash at bank 819,677 742,923
1,075,877 924,104
CREDITORS
Amounts falling due within one year 6 635,154 458,100
NET CURRENT ASSETS 440,723 466,004
TOTAL ASSETS LESS CURRENT LIABILITIES 471,952 470,891

PROVISIONS FOR LIABILITIES 7,031 1,221
NET ASSETS 464,921 469,670

CAPITAL AND RESERVES
Called up share capital 33 100
Retained earnings 464,888 469,570
464,921 469,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ABA Insurance Commercial Limited (Registered number: 10778761)

Statement of Financial Position - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2025 and were signed by:





J S Samrai - Director


ABA Insurance Commercial Limited (Registered number: 10778761)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

ABA Insurance Commercial Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Income recognition
Income represents the fair value of consideration received or receivable derived from the provision of services to customers during the year and is recognised when the company becomes entitled to it. The company is not registered for value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, with changes recognised in the income statement.

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

ABA Insurance Commercial Limited (Registered number: 10778761)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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 10 (2024 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 7,330
Additions 28,204
At 31 March 2025 35,534
DEPRECIATION
At 1 April 2024 2,443
Charge for year 1,862
At 31 March 2025 4,305
NET BOOK VALUE
At 31 March 2025 31,229
At 31 March 2024 4,887

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 246,564 177,389
Other debtors 9,636 3,792
256,200 181,181

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 482,491 354,765
Taxation and social security 147,752 97,965
Other creditors 4,911 5,370
635,154 458,100