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Company Registration No. 07046373 (England and Wales)
Absolute Warehouse Services Limited Unaudited accounts for the year ended 29 December 2024
Absolute Warehouse Services Limited Unaudited accounts Contents
Page
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Absolute Warehouse Services Limited Company Information for the year ended 29 December 2024
Director
Gary Wagstaff
Company Number
07046373 (England and Wales)
Accountants
KSA Consultants Ltd T/A Sycamore Accounting Services 31a Dewsbury Gate Road Dewsbury WEST YORKSHIRE WF13 4AX
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Absolute Warehouse Services Limited Statement of financial position as at 29 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,151,972 
953,777 
Investments
357,477 
357,477 
1,509,449 
1,311,254 
Current assets
Debtors
2,295,946 
1,936,512 
Cash at bank and in hand
138,860 
117,596 
2,434,806 
2,054,108 
Creditors: amounts falling due within one year
(1,547,572)
(932,831)
Net current assets
887,234 
1,121,277 
Total assets less current liabilities
2,396,683 
2,432,531 
Creditors: amounts falling due after more than one year
(405,285)
(483,659)
Provisions for liabilities
Other provisions
(26,115)
(26,115)
Net assets
1,965,283 
1,922,757 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
1,964,283 
1,921,757 
Shareholders' funds
1,965,283 
1,922,757 
For the year ending 29 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 31 July 2025 and were signed on its behalf by
Gary Wagstaff Director Company Registration No. 07046373
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Absolute Warehouse Services Limited Notes to the Accounts for the year ended 29 December 2024
1
Statutory information
Absolute Warehouse Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07046373.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
10% RB
Plant & machinery
25% RB
Motor vehicles
25% RB
Fixtures & fittings
15% RB
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 30 December 2023
500,925 
245,827 
419,266 
1,110,598 
2,276,616 
Additions
333,005 
15,432 
116,506 
3,225 
468,168 
Disposals
- 
- 
(75,870)
- 
(75,870)
At 29 December 2024
833,930 
261,259 
459,902 
1,113,823 
2,668,914 
Depreciation
At 30 December 2023
193,264 
164,320 
230,812 
734,443 
1,322,839 
Charge for the year
64,067 
24,235 
67,862 
56,907 
213,071 
On disposals
- 
- 
(18,968)
- 
(18,968)
At 29 December 2024
257,331 
188,555 
279,706 
791,350 
1,516,942 
Net book value
At 29 December 2024
576,599 
72,704 
180,196 
322,473 
1,151,972 
At 29 December 2023
307,661 
81,507 
188,454 
376,155 
953,777 
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Absolute Warehouse Services Limited Notes to the Accounts for the year ended 29 December 2024
5
Investments
Other investments 
£ 
Valuation at 30 December 2023
357,477 
Valuation at 29 December 2024
357,477 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
763,616 
746,465 
Accrued income and prepayments
78,360 
75,051 
Other debtors
1,453,970 
1,114,996 
2,295,946 
1,936,512 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
229,965 
54,198 
VAT
358,627 
171,044 
Obligations under finance leases and hire purchase contracts
34,351 
40,755 
Trade creditors
564,645 
296,584 
Taxes and social security
117,893 
131,211 
Other creditors
232,091 
229,039 
Accruals
10,000 
10,000 
1,547,572 
932,831 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
198,928 
260,147 
Obligations under finance leases and hire purchase contracts
102,575 
119,730 
Other creditors
103,782 
103,782 
405,285 
483,659 
9
Average number of employees
During the year the average number of employees was 40 (2023: 40).
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