1 September 2023 false No description of principal activity Taxfiler 2024.6 10935763business:PrivateLimitedCompanyLtd2023-09-012024-08-31 109357632023-08-31 109357632023-09-012024-08-31 10935763business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 10935763business:FilletedAccounts2023-09-012024-08-31 109357632024-08-31 10935763business:Director12023-09-012024-08-31 10935763business:RegisteredOffice2023-09-012024-08-31 109357632023-08-31 10935763core:WithinOneYear2024-08-31 10935763core:WithinOneYear2023-08-31 10935763core:AfterOneYear2024-08-31 10935763core:AfterOneYear2023-08-31 10935763core:CapitalContributionReservecore:PreviouslyStatedAmount2024-08-31 10935763core:CapitalContributionReservecore:PreviouslyStatedAmount2023-08-31 10935763core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 10935763core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 10935763core:PreviouslyStatedAmount2024-08-31 10935763core:PreviouslyStatedAmount2023-08-31 10935763business:SmallEntities2023-09-012024-08-31 10935763countries:EnglandWales2023-09-012024-08-31 10935763core:PlantMachinery2023-08-31 10935763core:PlantMachinery2024-08-31 10935763core:PlantMachinery2023-09-012024-08-31 109357632022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10935763 (England and Wales)
ABBEY AUTOS 1 LTD Unaudited accounts for the year ended 31 August 2024
ABBEY AUTOS 1 LTD Unaudited accounts Contents
Page
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ABBEY AUTOS 1 LTD Company Information for the year ended 31 August 2024
Director
WAHEED AHMED RASHID
Company Number
10935763 (England and Wales)
Registered Office
400-408 CRICKET INN ROAD SHEFFIELD S2 5AX UNITED KINGDOM
Accountants
MS Accounting Services 547 Attercliffe Road Sheffield South Yorkshire S9 3RA
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ABBEY AUTOS 1 LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,028 
14,668 
Current assets
Debtors
650 
650 
Cash at bank and in hand
731 
4,514 
1,381 
5,164 
Creditors: amounts falling due within one year
(8,308)
(5,784)
Net current liabilities
(6,927)
(620)
Total assets less current liabilities
5,101 
14,048 
Creditors: amounts falling due after more than one year
(35,209)
(49,998)
Net liabilities
(30,108)
(35,950)
Capital and reserves
Capital contribution reserve
100 
100 
Profit and loss account
(30,208)
(36,050)
Shareholders' funds
(30,108)
(35,950)
For the year ending 31 August 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 May 2025 and were signed on its behalf by
WAHEED AHMED RASHID Director Company Registration No. 10935763
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ABBEY AUTOS 1 LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
ABBEY AUTOS 1 LTD is a private company, limited by shares, registered in England and Wales, registration number 10935763. The registered office is 400-408 CRICKET INN ROAD, SHEFFIELD, S2 5AX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
22,360 
At 31 August 2024
22,360 
Depreciation
At 1 September 2023
7,692 
Charge for the year
2,640 
At 31 August 2024
10,332 
Net book value
At 31 August 2024
12,028 
At 31 August 2023
14,668 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
650 
650 
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ABBEY AUTOS 1 LTD Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
4,655 
2,835 
Other creditors
800 
800 
Loans from directors
2,853 
2,149 
8,308 
5,784 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,963 
36,385 
Trade creditors
5,246 
13,613 
35,209 
49,998 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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