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Company Registration No. 13225019 (England and Wales)
ABL Executive Ltd Unaudited accounts for the year ended 31 March 2025
ABL Executive Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ABL Executive Ltd Company Information for the year ended 31 March 2025
Director
A Lee
Company Number
13225019 (England and Wales)
Registered Office
8 Oakley Road Southampton Hampshire SO16 4LG England
Accountants
SWP Chartered Accountants Unit 4 Basepoint Andersons Road Southampton SO14 5FE
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ABL Executive Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,016
4,293
Current assets
Debtors
5
5,098
5,253
Cash at bank and in hand
29,871
5,924
34,969
11,177
Creditors: amounts falling due within one year
6
(13,967)
(3,042)
Net current assets
21,002
8,135
Total assets less current liabilities
25,018
12,428
Provisions for liabilities
Deferred tax
(763)
(859)
Net assets
24,255
11,569
Capital and reserves
Called up share capital
1
1
Profit and loss account
24,254
11,568
Shareholders' funds
24,255
11,569
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 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 18 November 2025 and were signed on its behalf by
A Lee Director Company Registration No. 13225019
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ABL Executive Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
ABL Executive Ltd is a private company, limited by shares, registered in England and Wales, registration number 13225019. The registered office is 8 Oakley Road, Southampton, Hampshire, SO16 4LG, England.
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:
Plant & machinery
20% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2024
6,686
Additions
1,326
At 31 March 2025
8,012
Depreciation
At 1 April 2024
2,393
Charge for the year
1,603
At 31 March 2025
3,996
Net book value
At 31 March 2025
4,016
At 31 March 2024
4,293
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ABL Executive Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
5,098
5,253
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
15,343
3,330
Loans from directors
(1,376)
(288)
13,967
3,042
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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