REGISTERED NUMBER: 04329687 (England and Wales)

Absolute Display Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Hill

P Lea-Smith

REGISTERED OFFICE:

Unit 1

Millenium Way

High Carr Business Park

Newcastle under Lyme

Staffordshire

ST5 7UF

REGISTERED NUMBER:

04329687 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Tangible assets

4

508

662

CURRENT ASSETS

Stocks

2,059

2,158

Debtors

5

30,457

16,800

Cash at bank

9,479

13,220

41,995

32,178

CREDITORS

Amounts falling due within one year

6

29,614

19,219

NET CURRENT ASSETS

12,381

12,959

TOTAL ASSETS LESS CURRENT LIABILITIES

12,889

13,621

PROVISIONS FOR LIABILITIES

96

125

NET ASSETS

12,793

13,496

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

12,693

13,396

12,793

13,496

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 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 30 September 2025 and were signed on its behalf by:

P Lea-Smith - Director

1.	STATUTORY INFORMATION

Absolute Display 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 represents net invoice value of goods / services provided, excluding value added tax.

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 reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

3,210

4,436

7,000

14,646

DEPRECIATION

At 1 January 2024

3,183

4,217

6,584

13,984

Charge for year

6

44

104

154

At 31 December 2024

3,189

4,261

6,688

14,138

NET BOOK VALUE

At 31 December 2024

21

175

312

508

At 31 December 2023

27

219

416

662

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

15,887

1,938

Other debtors

14,570

14,862

30,457

16,800

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

15,667

5,617

Taxation and social security

10,374

6,989

Other creditors

3,573

6,613

29,614

19,219

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

P Lea-Smith

Balance outstanding at start of year

6,735

6,735

Amounts advanced

14,504

15,331

Amounts repaid

(14,504

)

(15,331

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,735

6,735

S Hill

Balance outstanding at start of year

3,224

3,224

Amounts advanced

-

2,000

Amounts repaid

-

(2,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,224

3,224