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REGISTERED NUMBER: 02587782 (England and Wales)




















Financial Statements

for the Year Ended 30 November 2024

for

A B INTERNATIONAL LIMITED

A B INTERNATIONAL LIMITED (REGISTERED NUMBER: 02587782)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A B INTERNATIONAL LIMITED

Company Information
for the Year Ended 30 November 2024







DIRECTORS: D Brown
R Brown





SECRETARY: R Brown





REGISTERED OFFICE: Almac House
Church Lane
BISLEY
Surrey
GU24 9DR





REGISTERED NUMBER: 02587782 (England and Wales)





ACCOUNTANTS: Alvis & Company (Accountants) Limited
143 Station Road
Hampton
Middlesex
TW12 2AL

A B INTERNATIONAL LIMITED (REGISTERED NUMBER: 02587782)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 21,598 25,464

CURRENT ASSETS
Stocks 465,899 523,254
Debtors 5 598,539 623,405
Cash at bank and in hand 370,645 158,204
1,435,083 1,304,863
CREDITORS
Amounts falling due within one year 6 (113,007 ) (136,007 )
NET CURRENT ASSETS 1,322,076 1,168,856
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,343,674

1,194,320

PROVISIONS FOR LIABILITIES (5,400 ) (6,366 )
NET ASSETS 1,338,274 1,187,954

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 1,338,174 1,187,854
SHAREHOLDERS' FUNDS 1,338,274 1,187,954

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

A B INTERNATIONAL LIMITED (REGISTERED NUMBER: 02587782)

Balance Sheet - continued
30 November 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 26 August 2025 and were signed on its behalf by:





D Brown - Director


A B INTERNATIONAL LIMITED (REGISTERED NUMBER: 02587782)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

A B International 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.

Turnover
The turnover shown in the profit and loss account represents the total amount earned by the company for goods supplied and services provided, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & equipment - 25% on reducing balance and 20% on cost
Furniture & fittings - 20% on cost
Website Design - Straight line over 3 years

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.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

A B INTERNATIONAL LIMITED (REGISTERED NUMBER: 02587782)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant & Furniture Website
equipment & fittings Design Totals
£    £    £    £   
COST
At 1 December 2023 66,813 110 2,000 68,923
Additions 4,253 - - 4,253
Disposals (3,472 ) - - (3,472 )
At 30 November 2024 67,594 110 2,000 69,704
DEPRECIATION
At 1 December 2023 41,349 110 2,000 43,459
Charge for year 8,058 - - 8,058
Eliminated on disposal (3,411 ) - - (3,411 )
At 30 November 2024 45,996 110 2,000 48,106
NET BOOK VALUE
At 30 November 2024 21,598 - - 21,598
At 30 November 2023 25,464 - - 25,464

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 590,970 616,809
Other debtors 7,569 6,596
598,539 623,405

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 12,197 10,491
Taxation and social security 92,564 88,356
Other creditors 8,246 37,160
113,007 136,007

A B INTERNATIONAL LIMITED (REGISTERED NUMBER: 02587782)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 December 2023 1,187,854
Profit for the year 260,320
Dividends (110,000 )
At 30 November 2024 1,338,174

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Brown.

By virtue of her control of 51% of the company's issued share capital.