ABSOLUTE BODY SOLUTIONS LIMITED

Registered number

10722809

Unaudited Filleted Accounts

31 December 2024

ABSOLUTE BODY SOLUTIONS LIMITED
Registered number:		10722809
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		1,284			2,266

Current assets
Debtors	4	43,942			44,526
Cash at bank and in hand		2,566			2,938
		46,508			47,464

Creditors: amounts falling due within one year	5	(32,895)			(35,801)

Net current assets			13,613			11,663

Net assets			14,897			13,929

Capital and reserves
Called up share capital			1			1
Profit and loss account			14,896			13,928

Shareholder's funds			14,897			13,929

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Mr C O'Brien
Director
Approved by the board on 22 September 2025

ABSOLUTE BODY SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 December 2024


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 value added 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 any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is 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 (which is 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 all 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 or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 January 2024				10,644
	At 31 December 2024				10,644

	Depreciation
	At 1 January 2024				8,378
	Charge for the year				982
	At 31 December 2024				9,360

	Net book value
	At 31 December 2024				1,284
	At 31 December 2023				2,266


4	Debtors		2024		2023
£				£

	Other debtors		43,942		44,526


5	Creditors: amounts falling due within one year		2024		2023
£				£

	Taxation and social security costs		2,003		9,289
	Other creditors		30,892		26,512
			32,895		35,801


6	Contingent liabilities

	The company has entered into a full repair and maintenance lease on it's trading premises. Upon expiry of the lease the company will be subject to a dilapidations claim from the landlord in order to put the building back in it's original state. This amount has been reasonably estimated at £65,654 and has been recognised as a contingent liability by the company.


7	Other information

	ABSOLUTE BODY SOLUTIONS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	300 St. Mary's Road
	Garston
	Liverpool
	Merseyside
	L19 0NQ