IRIS Accounts Production v25.2.0.378 02836833 director 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh028368332023-12-31028368332024-12-31028368332024-01-012024-12-31028368332022-12-31028368332023-01-012023-12-31028368332023-12-3102836833ns15:EnglandWales2024-01-012024-12-3102836833ns14:PoundSterling2024-01-012024-12-3102836833ns10:Director12024-01-012024-12-3102836833ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3102836833ns10:SmallEntities2024-01-012024-12-3102836833ns10:AuditExemptWithAccountantsReport2024-01-012024-12-3102836833ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3102836833ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3102836833ns10:FullAccounts2024-01-012024-12-310283683312024-01-012024-12-3102836833ns10:RegisteredOffice2024-01-012024-12-3102836833ns5:CurrentFinancialInstruments2024-12-3102836833ns5:CurrentFinancialInstruments2023-12-3102836833ns5:ShareCapital2024-12-3102836833ns5:ShareCapital2023-12-3102836833ns5:RetainedEarningsAccumulatedLosses2024-12-3102836833ns5:RetainedEarningsAccumulatedLosses2023-12-3102836833ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3102836833ns5:ComputerSoftware2024-01-012024-12-3102836833ns5:PlantMachinery2024-01-012024-12-3102836833ns5:IntangibleAssetsOtherThanGoodwill2024-12-3102836833ns5:PlantMachinery2023-12-3102836833ns5:PlantMachinery2024-12-3102836833ns5:PlantMachinery2023-12-3102836833ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3102836833ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 02836833 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Abbot Fixing Systems Limited

Abbot Fixing Systems Limited (Registered number: 02836833)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Abbot Fixing Systems Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: R J Goonetilleke





REGISTERED OFFICE: Second Floor
Kennel Club House
Gatehouse Way
Aylesbury
Buckinghamshire
HP19 8DB





REGISTERED NUMBER: 02836833 (England and Wales)





ACCOUNTANTS: DUX Advisory Limited
Chartered Accountants
Kennel Club House
Gatehouse Way
Aylesbury
Buckinghamshire
HP19 8DB

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Abbot Fixing Systems Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Abbot Fixing Systems Limited for the year ended 31 December 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Abbot Fixing Systems Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Abbot Fixing Systems Limited and state those matters that we have agreed to state to the director of Abbot Fixing Systems Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abbot Fixing Systems Limited and its director for our work or for this report.

It is your duty to ensure that Abbot Fixing Systems Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Abbot Fixing Systems Limited. You consider that Abbot Fixing Systems Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Abbot Fixing Systems Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






DUX Advisory Limited
Chartered Accountants
Kennel Club House
Gatehouse Way
Aylesbury
Buckinghamshire
HP19 8DB


29 August 2025

Abbot Fixing Systems Limited (Registered number: 02836833)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 19,584 -
Tangible assets 5 20,553 43,183
40,137 43,183

CURRENT ASSETS
Stocks 77,051 50,496
Debtors 6 146,998 133,443
Investments 7 20,000 20,000
Cash at bank 54,275 100,994
298,324 304,933
CREDITORS
Amounts falling due within one year 8 159,416 134,045
NET CURRENT ASSETS 138,908 170,888
TOTAL ASSETS LESS CURRENT LIABILITIES 179,045 214,071

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 178,945 213,971
179,045 214,071

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 director acknowledges his 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.

Abbot Fixing Systems Limited (Registered number: 02836833)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 August 2025 and were signed by:





R J Goonetilleke - Director


Abbot Fixing Systems Limited (Registered number: 02836833)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Abbot Fixing Systems 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.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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 Statement of Income and Retained Earnings, 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.

Abbot Fixing Systems Limited (Registered number: 02836833)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 24,480
At 31 December 2024 24,480
AMORTISATION
Charge for year 4,896
At 31 December 2024 4,896
NET BOOK VALUE
At 31 December 2024 19,584

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 219,984
Additions 1,200
At 31 December 2024 221,184
DEPRECIATION
At 1 January 2024 176,801
Charge for year 23,830
At 31 December 2024 200,631
NET BOOK VALUE
At 31 December 2024 20,553
At 31 December 2023 43,183

Abbot Fixing Systems Limited (Registered number: 02836833)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 145,672 107,637
Other debtors 1,326 25,806
146,998 133,443

7. CURRENT ASSET INVESTMENTS
31.12.24 31.12.23
£    £   
Shares in group undertakings 20,000 20,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 120,297 107,635
Amounts owed to group undertakings 25,491 2,306
Taxation and social security 7,485 18,556
Other creditors 6,143 5,548
159,416 134,045