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REGISTERED NUMBER: 08335197 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Abstract UK 2013 Limited

Abstract UK 2013 Limited (Registered number: 08335197)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abstract UK 2013 Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: M C Fryer
D J Nikolich-Campbell
Mrs A J Nikolich-Campbell
A D Nicol





REGISTERED OFFICE: 8 Linnet Court
Cawledge Business Park
Alnwick
Northumberland
NE66 2GD





REGISTERED NUMBER: 08335197 (England and Wales)





ACCOUNTANTS: EQ Accountants Ltd
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Abstract UK 2013 Limited (Registered number: 08335197)

Balance Sheet
31 December 2024

31/12/24 31/12/23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 3 1,243 4,395

CURRENT ASSETS
Debtors 4 151,476 34,097
Cash at bank 358,022 147,348
509,498 181,445
CREDITORS
Amounts falling due within one year 5 460,054 163,626
NET CURRENT ASSETS 49,444 17,819
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,687

22,214

PROVISIONS FOR LIABILITIES 500 1,000
NET ASSETS 50,187 21,214

CAPITAL AND RESERVES
Called up share capital 250 250
Retained earnings 49,937 20,964
50,187 21,214

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

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

Abstract UK 2013 Limited (Registered number: 08335197)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by:




N D Goddard - Director Mrs A J Nikolich-Campbell - Director




M C Fryer - Director A D Nicol - Director


Abstract UK 2013 Limited (Registered number: 08335197)

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

1. 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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 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 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.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

Abstract UK 2013 Limited (Registered number: 08335197)

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

3. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 January 2024 15,254
Disposals (1,333 )
At 31 December 2024 13,921
DEPRECIATION
At 1 January 2024 10,859
Charge for year 2,630
Eliminated on disposal (811 )
At 31 December 2024 12,678
NET BOOK VALUE
At 31 December 2024 1,243
At 31 December 2023 4,395

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 111,600 34,097
Directors' current accounts 38,191 -
Prepayments 1,685 -
151,476 34,097

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Corporation tax 122,016 26,328
Social security and other taxes 2,792 2,964
VAT 83,367 37,960
Other creditors 578 578
Directors' current accounts 5,252 2
Deferred income 240,000 82,250
Accrued expenses 6,049 13,544
460,054 163,626