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REGISTERED NUMBER: 05581521 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Abbeywood Landscape & Building Supplies
Limited

Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abbeywood Landscape & Building Supplies
Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: A Jarvis
H Jarvis





SECRETARY: H Jarvis





REGISTERED OFFICE: Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: 05581521 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS

Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 38,525 11,706
Investment property 6 230,000 210,000
268,525 221,706

CURRENT ASSETS
Stocks 7 1,415 1,836
Debtors 8 4,158 11,529
Cash at bank 320,072 264,670
325,645 278,035
CREDITORS
Amounts falling due within one year 9 148,502 195,783
NET CURRENT ASSETS 177,143 82,252
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,668

303,958

CREDITORS
Amounts falling due after more than one
year

10

(22,577

)

-

PROVISIONS FOR LIABILITIES (16,734 ) (13,827 )
NET ASSETS 406,357 290,131

CAPITAL AND RESERVES
Called up share capital 11 100 100
Non distributable reserve 12 41,834 32,701
Retained earnings 364,423 257,330
SHAREHOLDERS' FUNDS 406,357 290,131

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

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

Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

Balance Sheet - continued
31 October 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 24 July 2025 and were signed on its behalf by:





A Jarvis - Director


Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

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

1. STATUTORY INFORMATION

Abbeywood Landscape & Building Supplies 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 as modified by the revaluation of certain assets.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Property, plant and equipment
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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in the market value is recognised in the profit and loss account.

A transfer is made from retained earnings to the non-distributable reserve for the amount of any market value surplus or deficit net of deferred tax provided.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

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

2. ACCOUNTING POLICIES - continued
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 for the year are charged in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 30,000
AMORTISATION
At 1 November 2023
and 31 October 2024 30,000
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

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

5. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 17,843 26,245 2,788 46,876
Additions 685 33,375 101 34,161
At 31 October 2024 18,528 59,620 2,889 81,037
DEPRECIATION
At 1 November 2023 12,264 20,807 2,099 35,170
Charge for year 1,439 5,703 200 7,342
At 31 October 2024 13,703 26,510 2,299 42,512
NET BOOK VALUE
At 31 October 2024 4,825 33,110 590 38,525
At 31 October 2023 5,579 5,438 689 11,706

Including within fixed assets is £24,657 (2023: £Nil) relating to assets held under hire purchase agreements.

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 210,000
Additions 7,823
Revaluations 12,177
At 31 October 2024 230,000
NET BOOK VALUE
At 31 October 2024 230,000
At 31 October 2023 210,000

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2024 230,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 166,399 166,399

Investment property was valued on an open market basis on 31 October 2024 by A Jarvis, the director .

Abbeywood Landscape & Building Supplies
Limited (Registered number: 05581521)

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

7. STOCKS
2024 2023
£    £   
Finished goods 1,415 1,836

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 936 1,586
VAT - 7,088
Prepayments 3,222 2,855
4,158 11,529

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 2,079 -
Trade creditors 19,791 31,323
Tax 58,186 23,092
VAT 863 -
Directors' current accounts 65,653 139,618
Accruals and deferred income 1,930 1,750
148,502 195,783

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 22,577 -

11. CALLED UP SHARE CAPITAL

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

12. RESERVES
Non
distributable
reserve
£   
At 1 November 2023 32,701
Transfer between reserves 9,133

At 31 October 2024 41,834