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REGISTERED NUMBER: 06155312 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Abeto Limited

Abeto Limited (Registered number: 06155312)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abeto Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: A K Roberts
A P Marjerrison





SECRETARY: T A Roberts





REGISTERED OFFICE: 3 - 5 College Street
Nottingham
Nottinghamshire
NG1 5AQ





REGISTERED NUMBER: 06155312 (England and Wales)

Abeto Limited (Registered number: 06155312)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,563 5,642

CURRENT ASSETS
Debtors 5 5,308,998 5,175,384
Cash at bank 76,393 313,491
5,385,391 5,488,875
CREDITORS
Amounts falling due within one year 6 1,386,390 1,642,917
NET CURRENT ASSETS 3,999,001 3,845,958
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,007,564

3,851,600

CREDITORS
Amounts falling due after more than one
year

7

(12,231

)

(22,435

)

PROVISIONS FOR LIABILITIES (2,141 ) (1,411 )
NET ASSETS 3,993,192 3,827,754

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 3,993,092 3,827,654
SHAREHOLDERS' FUNDS 3,993,192 3,827,754

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

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

Abeto Limited (Registered number: 06155312)

Balance Sheet - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:





A K Roberts - Director


Abeto Limited (Registered number: 06155312)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Abeto 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.

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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on reducing balance
Fixtures and fittings - 33% on reducing balance
Computer equipment - 33% on cost

Deferred taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2023 - - 9,345 9,345
Additions 2,936 1,473 3,733 8,142
At 31 August 2024 2,936 1,473 13,078 17,487
DEPRECIATION
At 1 September 2023 - - 3,703 3,703
Charge for year 937 202 4,082 5,221
At 31 August 2024 937 202 7,785 8,924
NET BOOK VALUE
At 31 August 2024 1,999 1,271 5,293 8,563
At 31 August 2023 - - 5,642 5,642

Abeto Limited (Registered number: 06155312)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 47,881 262,099
Amounts owed by group undertakings 2,884,208 2,884,208
Other debtors 1,295,992 932,073
Prepayments and accrued income 217 16,304
4,228,298 4,094,684

Amounts falling due after more than one year:
Other debtors 1,080,700 1,080,700

Aggregate amounts 5,308,998 5,175,384

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,204 9,952
Trade creditors 49,441 -
Taxation and social security 1,785 52,999
Other creditors 1,324,960 1,579,966
1,386,390 1,642,917

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 12,231 22,435

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100