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REGISTERED NUMBER: NI029404 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Abbey Kitchens & Bathrooms Limited

Abbey Kitchens & Bathrooms Limited (Registered number: NI029404)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abbey Kitchens & Bathrooms Limited

Company Information
for the year ended 31 December 2024







DIRECTORS: S Barnett
J Barnett
G Eakin





SECRETARY: S Barnett





REGISTERED OFFICE: The Shreddings
46b Old Carrickfergus Road
Newtownabbey
Co. Antrim
BT37 0UE





REGISTERED NUMBER: NI029404 (Northern Ireland)





ACCOUNTANTS: Cleaver Black
Chartered Accountants
Suite 5 Ormeau House
91-97 Ormeau Road
Belfast
Co. Antrim
BT7 1SH

Abbey Kitchens & Bathrooms Limited (Registered number: NI029404)

Balance Sheet
31 December 2024

2024 2023 2023
as restated
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 50,348 67,131 -

CURRENT ASSETS
Stocks 5 326,942 308,011 -
Debtors 6 134,390 128,225 -
Cash at bank 285,889 249,275 -
747,221 685,511 -
CREDITORS
Amounts falling due within one year 7 (267,049 ) (205,822 ) -
NET CURRENT ASSETS 480,172 479,689 -
TOTAL ASSETS LESS CURRENT
LIABILITIES

530,520

546,820

-
NET ASSETS 530,520 546,820 -

CAPITAL AND RESERVES
Called up share capital 25,000 25,000 -
Retained earnings 505,520 521,820 -
530,520 546,820 -

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Abbey Kitchens & Bathrooms Limited (Registered number: NI029404)

Balance Sheet - continued
31 December 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:





S Barnett - Director


Abbey Kitchens & Bathrooms Limited (Registered number: NI029404)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Abbey Kitchens & Bathrooms Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Abbey Kitchens & Bathrooms Limited (Registered number: NI029404)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 18 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2024
and 31 December 2024 257,550 36,079 85,345 378,974
DEPRECIATION
At 1 January 2024 207,921 34,937 68,985 311,843
Charge for year 12,407 286 4,090 16,783
At 31 December 2024 220,328 35,223 73,075 328,626
NET BOOK VALUE
At 31 December 2024 37,222 856 12,270 50,348
At 31 December 2023 49,629 1,142 16,360 67,131

5. STOCKS
2024 2023
as restated
£    £   
Finished goods 326,942 308,011

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 112,103 115,440
VAT 7,234 -
Prepayments 15,053 12,785
134,390 128,225

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade creditors 243,971 177,126
Social security and other taxes 11,696 13,260
VAT - 7,452
Other creditors 3,402 370
Accrued expenses 7,980 7,614
267,049 205,822