Company No: 06163578 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	N D Clews
	A A W H Fukes

SECRETARY

N D Clews

REGISTERED OFFICE	14 London Road
	Newark
	Nottinghamshire
	NG24 1TW
	United Kingdom

COMPANY NUMBER

06163578 (England and Wales)

ACCOUNTANT	Duncan & Toplis Limited
	14 London Road
	Newark
	NG24 1TW
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	380,165		377,974
		380,165		377,974
Current assets
Debtors	4	1,356,085		1,095,450
Cash at bank and in hand		544,160		393,299
		1,900,245		1,488,749
Creditors: amounts falling due within one year	5	( 403,839)		( 222,514)
Net current assets		1,496,406		1,266,235
Total assets less current liabilities		1,876,571		1,644,209
Provision for liabilities		( 1,369)		( 821)
Net assets		1,875,202		1,643,388
Capital and reserves
Called-up share capital	6	3		3
Profit and loss account		1,875,199		1,643,385
Total shareholder's funds		1,875,202		1,643,388

For the financial 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.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Absolute Building Services (Nottingham) Ltd (registered number: 06163578) were approved and authorised for issue by the Board of Directors on 27 November 2025. They were signed on its behalf by:

A A W H Fukes Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Absolute Building Services (Nottingham) Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 14 London Road, Newark, Nottinghamshire, NG24 1TW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery etc.	25 % reducing balance
	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Government grants

Government grants receivable for the purpose of giving immediate financial support to the entity with no future related costs are recognised as income in the period in which it becomes receivable.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 April 2024	374,689		80,441		455,130
Additions	0		3,568		3,568
At 31 March 2025	374,689		84,009		458,698
Accumulated depreciation
At 01 April 2024	0		77,156		77,156
Charge for the financial year	0		1,377		1,377
At 31 March 2025	0		78,533		78,533
Net book value
At 31 March 2025	374,689		5,476		380,165
At 31 March 2024	374,689		3,285		377,974

4. Debtors

	2025		2024
	£		£
Trade debtors	463,785		185,885
Amounts owed by Group undertakings (note 7)	600,850		600,550
Amounts owed by directors (note 7)	220,644		237,642
Prepayments	619		1,186
Other debtors	70,187		70,187
	1,356,085		1,095,450

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	184,926		41,392
Accruals	5,476		91,770
Taxation and social security	208,228		86,575
Other creditors	5,209		2,777
	403,839		222,514

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
3 Ordinary shares of £ 1.00 each	3		3

7. Related party transactions

Transactions with the entity’s directors (or members of its governing body)

Amounts owed by directors

	2025		2024
	£		£
A A W H Fukes	4,694		21,474
N D Clews	215,950		216,168
	220,644		237,642