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Company Registration No. 8655119 (England and Wales)
Abertawe Sectional Buildings Limited Unaudited accounts for the year ended 31 August 2024
Abertawe Sectional Buildings Limited Unaudited accounts Contents
Page
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Abertawe Sectional Buildings Limited Company Information for the year ended 31 August 2024
Director
Wayne Jeffreys
Company Number
8655119 (England and Wales)
Registered Office
Kemys Way Enterprise Park Llansamlet Swansea SA6 8QF
Accountants
Web Accounts Ltd Abernantglas Farm Glanamman Ammanford Carmarthenshire SA18 2YG
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Abertawe Sectional Buildings Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,198 
23,358 
Current assets
Debtors
39,947 
15,707 
Cash at bank and in hand
1,556 
43,460 
41,503 
59,167 
Creditors: amounts falling due within one year
(4,945)
(20,188)
Net current assets
36,558 
38,979 
Net assets
57,756 
62,337 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
57,755 
62,336 
Shareholders' funds
57,756 
62,337 
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 31 May 2024 and were signed on its behalf by
Wayne Jeffreys Director Company Registration No. 8655119
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Abertawe Sectional Buildings Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Abertawe Sectional Buildings Limited is a private company, limited by shares, registered in England and Wales, registration number 8655119. The registered office is Kemys Way, Enterprise Park, Llansamlet, Swansea, SA6 8QF.
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:
Plant & machinery
20% reducing balance basis
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
7,000 
26,093 
5,950 
200 
506 
39,749 
Additions
- 
- 
- 
- 
2,575 
2,575 
At 31 August 2024
7,000 
26,093 
5,950 
200 
3,081 
42,324 
Depreciation
At 1 September 2023
- 
11,119 
5,021 
125 
126 
16,391 
Charge for the year
- 
3,744 
233 
20 
738 
4,735 
At 31 August 2024
- 
14,863 
5,254 
145 
864 
21,126 
Net book value
At 31 August 2024
7,000 
11,230 
696 
55 
2,217 
21,198 
At 31 August 2023
7,000 
14,974 
929 
75 
380 
23,358 
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Abertawe Sectional Buildings Limited Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,961 
10,173 
Accrued income and prepayments
3,586 
- 
Other debtors
33,400 
5,534 
39,947 
15,707 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,329 
4,643 
Taxes and social security
1,418 
11,790 
Other creditors
- 
985 
Loans from directors
30 
2,270 
Accruals
2,168 
500 
4,945 
20,188 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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