Company Registration No. 09861826 (England and Wales)
One Abacus Limited
Unaudited accounts
for the year ended 30 November 2024
One Abacus Limited
Unaudited accounts
Contents
One Abacus Limited
Company Information
for the year ended 30 November 2024
Company Number
09861826 (England and Wales)
Registered Office
21 Hambrook Road
London
SE25 4HL
One Abacus Limited
Statement of financial position
as at 30 November 2024
Tangible assets
144,662
67,604
Cash at bank and in hand
(9,792)
4,567
Creditors: amounts falling due within one year
(83,813)
(27,924)
Net current (liabilities)/assets
(81,544)
14,305
Total assets less current liabilities
63,118
81,909
Creditors: amounts falling due after more than one year
(46,081)
(81,806)
Called up share capital
100
100
Profit and loss account
16,937
3
Shareholders' funds
17,037
103
For the year ending 30 November 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 8 April 2025 and were signed on its behalf by
Ryan Morton
Director
Company Registration No. 09861826
One Abacus Limited
Notes to the Accounts
for the year ended 30 November 2024
One Abacus Limited is a private company, limited by shares, registered in England and Wales, registration number 09861826. The registered office is 21 Hambrook Road, London, SE25 4HL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line Basis
Motor vehicles
20% Straight Line Basis
Computer equipment
25% Straight Line Basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
2,014
61,416
9,053
72,483
Additions
-
76,225
833
77,058
At 30 November 2024
2,014
137,641
9,886
149,541
At 1 December 2023
1,727
-
3,152
4,879
At 30 November 2024
1,727
-
3,152
4,879
At 30 November 2024
287
137,641
6,734
144,662
At 30 November 2023
287
61,416
5,901
67,604
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
11,425
34,098
One Abacus Limited
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
77,171
339
Taxes and social security
-
19,402
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
27,522
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).