ACCOUNTS - Final Accounts preparation

Registered number: 12525739

A.B.P. GROUP LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

A.B.P. GROUP LIMITED

REGISTERED NUMBER: 12525739

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	4		4,021,051		4,021,051
Current assets
Debtors: amounts falling due within one year	5	659,518		-
Cash at bank and in hand		4,644		-
		664,162		-
Creditors: amounts falling due within one year	6	(659,718)		(659,004)
Net current assets/(liabilities)			4,444		(659,004)
Total assets less current liabilities			4,025,495		3,362,047
Creditors: amounts falling due after more than one year	7		(3,999,472)		(3,354,710)

Net assets			26,023		7,337

Capital and reserves
Called up share capital	8	200	200
Profit and loss account		25,823	7,137
		26,023	7,337

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A.B.P. GROUP LIMITED

REGISTERED NUMBER: 12525739

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A Dougal

Director

Date: 25 September 2025

The notes on pages 3 to 6 form part of these financial statements.

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A.B.P. GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

A.B.P Group Limited is a private company limited by shares and incorporated in England and Wales. The registered office is Charles Lake House, Claire Causeway, Crossways Business Park, Dartford, Kent, DA2 6QA. The principal activity of the company during the year has been that of holding and managing investments.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The prsentational currency of the financial statements is Pound Sterling (GBP).

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

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A.B.P. GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

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A.B.P. GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2024	4,021,051
	At 31 December 2024	4,021,051

Debtors

					2024	2023
					£	£


Other debtors	609,518	-
Prepayments and accrued income	50,000	-
	659,518	-

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	1	1
Corporation tax	6,328	1,674
Other creditors	653,389	657,329
	659,718	659,004

7.	Creditors: Amounts falling due after more than one year
		2024	2023
		£	£

Amounts owed to group undertakings	728,946	514,411
Other creditors	3,270,526	2,840,299
	3,999,472	3,354,710

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A.B.P. GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

8.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

200 (2023 - 200) Ordinary shares of £1.00 each	200	200

9.	Contingent liabilities

A guarantee exists in favour of the group’s bankers to cover bank borrowings of certain group companies and participating interests. At 31 December 2024 the total potential exposure in respect of this guarantee was £2,226,881 (2023 - £1,680,770). The directors consider the possibility of the company having to settle any liability under the terms of the guarantee to be remote.

10.	Related party transactions
	Included within other creditors due in more than one year an amount of £654,268 (2023 - £651,632) due to the directors of the company. Interest amounting to £9,774 (2023 - £9,680) was paid during the year. The company charges management fees to a subsidiary company. During the year the company charged total fees of £60,000 (2023:£52,000).

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