REGISTERED NUMBER: 10493850 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 DECEMBER 2024

FOR

ABINGTON X LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J MacCormick

R Bozacigurbuz

REGISTERED OFFICE:

88 North Street

Hornchurch

Essex

RM11 1SR

REGISTERED NUMBER:

10493850 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,547

4,888

CURRENT ASSETS

Debtors

5

93,790

69,883

Cash at bank and in hand

310,804

305,896

404,594

375,779

CREDITORS

Amounts falling due within one year

6

177,665

178,042

NET CURRENT ASSETS

226,929

197,737

TOTAL ASSETS LESS CURRENT LIABILITIES

230,476

202,625

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

230,376

202,525

230,476

202,625

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

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

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 18 September 2025 and were signed on its behalf by:

R Bozacigurbuz - Director

1.	STATUTORY INFORMATION

Abington X 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

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.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

50% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 31 December 2023

and 30 December 2024

20,000

1,896

10,258

32,154

DEPRECIATION

At 31 December 2023

20,000

1,738

5,528

27,266

Charge for year

-

158

1,183

1,341

At 30 December 2024

20,000

1,896

6,711

28,607

NET BOOK VALUE

At 30 December 2024

-

-

3,547

3,547

At 30 December 2023

-

158

4,730

4,888

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

93,790

64,299

Prepayments

-

5,584

93,790

69,883

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other loans

47,118

37,068

Trade creditors

54,999

61,249

Tax

14,384

19,260

Social security and other taxes

1,073

-

Directors' current accounts

59,251

59,625

Accrued expenses

840

840

177,665

178,042

7.	ULTIMATE CONTROLLING PARTY

The company is under no overall control by any one party due to no shareholder owning a majority of the issued share capital.