Abbey Personnel Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03830140 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st August 2024

for

Abbey Personnel Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S G Bielby

M A Straw

SECRETARY:

S G Bielby

REGISTERED OFFICE:

The Goods Yard

Ousegate

Selby

YO8 8BL

REGISTERED NUMBER:

03830140 (England and Wales)

ACCOUNTANTS:

Dymond Accountants

Office F1,

Beverley Enterprise Centre

Beck View Road

Beverley

East Yorkshire

HU17 0JT

FIXED ASSETS

Tangible assets

4

1,933

-

CURRENT ASSETS

Stocks

1,100

Debtors

5

219,654

205,870

Cash at bank

109,689

-

330,443

206,970

CREDITORS

Amounts falling due within one year

6

402,595

333,912

NET CURRENT LIABILITIES

(72,152

)

(126,942

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(70,219

)

(126,942

)

CREDITORS

Amounts falling due after more than one year

7

35,621

40,738

NET LIABILITIES

(105,840

)

(167,680

)

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

(105,842

)

(167,682

)

(105,840

)

(167,680

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 24th September 2025 and were signed on its behalf by:

M A Straw - Director

1.	STATUTORY INFORMATION

Abbey Personnel Services 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 257 (2023 - 255 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

2,578

At 31st August 2024

2,578

DEPRECIATION

Charge for year

645

At 31st August 2024

645

NET BOOK VALUE

At 31st August 2024

1,933

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

Trade debtors

40,426

76,088

Other debtors

179,228

129,782

219,654

205,870

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

Bank loans and overdrafts

36,533

21,407

Trade creditors

55,231

35,954

Taxation and social security

172,969

175,850

Other creditors

137,862

100,701

402,595

333,912

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.24

31.8.23

£

Bank loans

35,621

40,738

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

7,896

13,129

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.8.24

31.8.23

£

S G Bielby

Balance outstanding at start of year

29,532

63,954

Amounts advanced

37,010

45,378

Amounts repaid

-

(79,800

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

66,542

29,532

M A Straw

Balance outstanding at start of year

64,107

72,177

Amounts advanced

-

26,430

Amounts repaid

-

(34,500

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

64,107