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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
Page
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One Abacus Limited Company Information for the year ended 30 November 2024
Director
Ryan Morton
Company Number
09861826 (England and Wales)
Registered Office
21 Hambrook Road London SE25 4HL
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One Abacus Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
144,662 
67,604 
Current assets
Debtors
12,061 
37,662 
Cash at bank and in hand
(9,792)
4,567 
2,269 
42,229 
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)
Net assets
17,037 
103 
Capital and reserves
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
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One Abacus Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
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.
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 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 
Depreciation
At 1 December 2023
1,727 
- 
3,152 
4,879 
At 30 November 2024
1,727 
- 
3,152 
4,879 
Net book value
At 30 November 2024
287 
137,641 
6,734 
144,662 
At 30 November 2023
287 
61,416 
5,901 
67,604 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
636 
3,564 
Amounts falling due after more than one year
Other debtors
11,425 
34,098 
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One Abacus Limited Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,642 
8,183 
Trade creditors
77,171 
339 
Taxes and social security
- 
19,402 
83,813 
27,924 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
46,081 
54,284 
Obligations under finance leases and hire purchase contracts
- 
27,522 
46,081 
81,806 
8
Share capital
2024 
2023 
£ 
£ 
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).
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