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Registered number: 09062678
Abbey Finance Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Abbey Digitax LLP
Abbey Finance Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Abbey Finance Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 09062678

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 268,220 |  | 271,655
|  |  | 268,220 |  | 271,655
CURRENT ASSETS
Debtors | 5 | 102,254 |  | 800,000 |
Cash at bank and in hand |  | 102,633 |  | 136,830 |
|  | 204,887 |  | 936,830 |
Creditors: Amounts Falling Due Within One Year | 6 | (461,996 ) |  | (1,057,773 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (257,109 ) |  | (120,943 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 11,111 |  | 150,712
PROVISIONS FOR LIABILITIES
Deferred Taxation | 7 |  | (2,608 ) |  | (2,608 )
NET ASSETS |  |  | 8,503 |  | 148,104
CAPITAL AND RESERVES
Called up share capital | 8 |  | 20 |  | 20
Profit and Loss Account |  |  | 8,483 |  | 148,084
SHAREHOLDERS' FUNDS |  |  | 8,503 |  | 148,104

Page 1
Page 2
Abbey Finance Limited
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Jack Farfoory Director
31/10/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Abbey Finance Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Abbey Finance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09062678 . The registered office is 22 Snaresbrook Drive, Stanmore, HA7 4QW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of financial services.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold | 0
Motor Vehicles | 25%

2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
2Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
Abbey Finance Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Motor Vehicles | Total
| £ | £ | £
Cost
As at 1 April 2024 | 257,930 | 32,477 | 290,407
As at 31 March 2025 | 257,930 | 32,477 | 290,407
Depreciation
As at 1 April 2024 | - | 18,752 | 18,752
Provided during the period | - | 3,435 | 3,435
As at 31 March 2025 | - | 22,187 | 22,187
Net Book Value
As at 31 March 2025 | 257,930 | 10,290 | 268,220
As at 1 April 2024 | 257,930 | 13,725 | 271,655

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 100,000 |  | 800,000
Corporation tax recoverable assets | 2,254 |  | -
| 102,254 |  | 800,000

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 250,001 |  | 775,000
Corporation tax | - |  | 2,254
Other creditors | - |  | 814
Other creditors (1) | 18,006 |  | -
Accruals | 22,134 |  | 21,957
Director's loan account | 18,006 |  | 47,354
Amounts owed to associates | 153,849 |  | 210,394
| 461,996 |  | 1,057,773

7. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | 2,608 |  | 2,608

Page 4
Page 5
Abbey Finance Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 20 |  | 20

Page 5