ABM Building Services Limited - Filleted accounts

Registered number

04457982

ABM Building Services Limited

Filleted Accounts

31 March 2025

ABM Building Services Limited
Registered number:		04457982
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		48,044			26,438

Current assets
Stock and work-in-progress		61,800			33,977
Debtors	4	331,236			249,780
Cash at bank and in hand		249,060			37,889
		642,096			321,646

Creditors: amounts falling due within one year	5	(323,913)			(182,895)

Net current assets			318,183			138,751

Total assets less current liabilities			366,227			165,189

Creditors: amounts falling due after more than one year	6		(259,000)			(126,000)



Net assets			107,227			39,189

Capital and reserves
Called up share capital			100			100
Profit and loss account			107,127			39,089

Shareholders' funds			107,227			39,189

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Gadd
Director
Approved by the board on 16 September 2025

ABM Building Services Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years
	Fixtures, fittings, tools and equipment	over 4 years

	Stock and work-in-progress
	Stock and work-in-progress is measured at the lower of cost and estimated selling price less costs to complete. Cost is determined using the first in first out method. The carrying amount of stock and work-in-progress sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			4		4


3	Tangible fixed assets
		Plant and equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	25,714		51,248		76,962
	Additions	8,295		43,860		52,155
	Disposals	(175)		-		(175)
	At 31 March 2025	33,834		95,108		128,942

	Depreciation
	At 1 April 2024	16,359		34,165		50,524
	Charge for the year	6,772		23,777		30,549
	On disposals	(175)		-		(175)
	At 31 March 2025	22,956		57,942		80,898

	Net book value
	At 31 March 2025	10,878		37,166		48,044
	At 31 March 2024	9,355		17,083		26,438


4	Debtors			2025		2024
£					£

	Trade debtors			324,484		245,000
	Other debtors			6,752		4,780
				331,236		249,780


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			19,088		5,544
	Trade creditors			37,742		67,453
	Taxation and social security costs			146,599		57,779
	Other creditors			120,484		52,119
				323,913		182,895


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Amounts owed to group undertakings			259,000		126,000


7	Controlling party

	The company is wholly owned by ABM BUILD Ltd, a company under the control of Mrs & Mrs Gadd, the directors and majority shareholders.


8	Other information

	ABM Building Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Liston House, Faygate Lane
	Faygate
	West Sussex RH12 4SJ