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
Abacus Accounting Technicians Limited
Company Information
for the year ended 30 November 2024
Director
Sebastian Allen Murphy
Company Number
03877397 (England and Wales)
Abacus Accounting Technicians Limited
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
25,397
8,514
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)
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
Abacus Accounting Technicians Limited
Notes to the Accounts
for the year ended 30 November 2024
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.
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 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
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
At 30 November 2024
-
-
-
-
At 30 November 2023
-
-
768
768
Abacus Accounting Technicians Limited
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Trade debtors
32,506
39,765
Accrued income and prepayments
5,460
8,545
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,855
12,075
Taxes and social security
6,789
6,358
Other creditors
384
10,430
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).