REGISTERED NUMBER: 06527091 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

ABIGLAZE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Bangs

Mrs S Bangs

SECRETARY:

Mrs S Bangs

REGISTERED OFFICE:

14 Barton Road

Wheathampstead

Hertfordshire

AL4 8QG

REGISTERED NUMBER:

06527091 (England and Wales)

ACCOUNTANTS:

ALI IBRAHIM ASSOCIATES

Chartered Certified Accountants

37 Cranbrook drive

ST ALBANS

Hertfordshire

AL4 0SR

FIXED ASSETS

Intangible assets

4

27,000

36,000

Tangible assets

5

592,368

629,774

619,368

665,774

CURRENT ASSETS

Stocks

2,023

2,912

Debtors

6

207,973

239,461

Cash at bank and in hand

7,343

19,554

217,339

261,927

CREDITORS

Amounts falling due within one year

7

199,048

181,793

NET CURRENT ASSETS

18,291

80,134

TOTAL ASSETS LESS CURRENT LIABILITIES

637,659

745,908

CREDITORS

Amounts falling due after more than one year

8

308,586

388,672

NET ASSETS

329,073

357,236

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

328,973

357,136

SHAREHOLDERS' FUNDS

329,073

357,236

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 10 October 2025 and were signed on its behalf by:

D J Bangs - Director

1.	STATUTORY INFORMATION

ABIGLAZE 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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.

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 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

180,000

AMORTISATION

At 1 April 2024

144,000

Amortisation for year

9,000

At 31 March 2025

153,000

NET BOOK VALUE

At 31 March 2025

27,000

At 31 March 2024

36,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

408,325

21,988

399,843

830,156

Additions

-

-

47,827

47,827

Disposals

-

-

(42,462

)

(42,462

)

At 31 March 2025

408,325

21,988

405,208

835,521

DEPRECIATION

At 1 April 2024

-

20,447

179,935

200,382

Charge for year

-

385

66,933

67,318

Eliminated on disposal

-

-

(24,547

)

(24,547

)

At 31 March 2025

-

20,832

222,321

243,153

NET BOOK VALUE

At 31 March 2025

408,325

1,156

182,887

592,368

At 31 March 2024

408,325

1,541

219,908

629,774

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

207,973

225,864

Other debtors

-

13,597

207,973

239,461

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

71,054

69,180

Taxation and social security

94,742

90,704

Other creditors

33,252

21,909

199,048

181,793

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

155,808

215,390

Hire purchase contracts

152,778

173,282

308,586

388,672