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Company Registration No. 03877397 (England and Wales)
Abacus Accounting Technicians Limited Unaudited accounts for the year ended 30 November 2024
Abacus Accounting Technicians Limited Unaudited accounts Contents
Page
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Abacus Accounting Technicians Limited Company Information for the year ended 30 November 2024
Director
Sebastian Allen Murphy
Company Number
03877397 (England and Wales)
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Abacus Accounting Technicians Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
768 
Current assets
Debtors
42,130 
52,310 
Cash at bank and in hand
25,397 
8,514 
67,527 
60,824 
Creditors: amounts falling due within one year
(32,105)
(47,302)
Net current assets
35,422 
13,522 
Total assets less current liabilities
35,422 
14,290 
Creditors: amounts falling due after more than one year
(9,992)
(13,595)
Net assets
25,430 
695 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
25,428 
693 
Shareholders' funds
25,430 
695 
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 28 August 2025 and were signed on its behalf by
Sebastian Allen Murphy Director Company Registration No. 03877397
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Abacus Accounting Technicians Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Abacus Accounting Technicians Limited is a private company, limited by shares, registered in England and Wales, registration number 03877397.
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
33% Straight Line
Fixtures & fittings
33% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
155 
435 
4,404 
4,994 
At 30 November 2024
155 
435 
4,404 
4,994 
Depreciation
At 1 December 2023
155 
435 
3,636 
4,226 
Charge for the year
- 
- 
768 
768 
At 30 November 2024
155 
435 
4,404 
4,994 
Net book value
At 30 November 2024
- 
- 
- 
- 
At 30 November 2023
- 
- 
768 
768 
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Abacus Accounting Technicians Limited Notes to the Accounts for the year ended 30 November 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
32,506 
39,765 
Accrued income and prepayments
5,460 
8,545 
Other debtors
4,164 
4,000 
42,130 
52,310 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
13,121 
12,742 
Trade creditors
10,855 
12,075 
Taxes and social security
6,789 
6,358 
Other creditors
384 
10,430 
Accruals
956 
5,697 
32,105 
47,302 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
9,992 
13,595 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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