Company Registration No. 12370186 (England and Wales)
A55 Asbestos Ltd
Unaudited accounts
for the year ended 31 December 2024
A55 Asbestos Ltd
Unaudited accounts
Contents
A55 Asbestos Ltd
Company Information
for the year ended 31 December 2024
Company Number
12370186 (England and Wales)
Registered Office
14 Shaftesbury Avenue
Penrhyn Bay
Llandudno
Conwy
LL30 3EH
Wales
Accountants
Bisby Accountancy Ltd
The Cottage
23 Llandudno Road
Penrhyn Bay
Llandudno
Conwy
LL30 3EP
A55 Asbestos Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
43,639
27,999
Cash at bank and in hand
6,621
1,377
Creditors: amounts falling due within one year
(59,606)
(35,588)
Net current assets/(liabilities)
10,135
(9,389)
Called up share capital
1
1
Profit and loss account
53,773
18,609
Shareholders' funds
53,774
18,610
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 September 2025 and were signed on its behalf by
Mr D Poulter
Director
Company Registration No. 12370186
A55 Asbestos Ltd
Notes to the Accounts
for the year ended 31 December 2024
A55 Asbestos Ltd is a private company, limited by shares, registered in England and Wales, registration number 12370186. The registered office is 14 Shaftesbury Avenue, Penrhyn Bay, Llandudno, Conwy, LL30 3EH, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
1,327
56,042
2,043
59,412
Additions
-
27,594
2,592
30,186
At 31 December 2024
1,327
83,636
4,635
89,598
At 1 January 2024
754
29,588
1,071
31,413
Charge for the year
143
13,512
891
14,546
At 31 December 2024
897
43,100
1,962
45,959
At 31 December 2024
430
40,536
2,673
43,639
At 31 December 2023
573
26,454
972
27,999
Amounts falling due within one year
Trade debtors
63,120
24,822
A55 Asbestos Ltd
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
313
938
Obligations under finance leases and hire purchase contracts
33,537
34,652
Taxes and social security
29,625
14,475
Loans from directors
(12,745)
(20,065)
7
Average number of employees
During the year the average number of employees was 5 (2023: 3).