Abacus Bookkeeping and Accounts Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08439012

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		941		1,255

			941		1,255
CURRENT ASSETS
Debtors	6	2,740		4,487
Cash at bank		48,048		57,296

		50,788		61,783
Creditors: Amounts Falling Due Within One Year	7	(11,679 )		(12,746 )

NET CURRENT ASSETS (LIABILITIES)			39,109		49,037

TOTAL ASSETS LESS CURRENT LIABILITIES			40,050		50,292

NET ASSETS			40,050		50,292

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			40,049		50,291

SHAREHOLDERS' FUNDS			40,050		50,292

Page 1

Page 2

Abacus Bookkeeping and Accounts 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 her 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

Mrs S Hislop

Director

05/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Abacus Bookkeeping and Accounts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08439012 . The registered office is 6 Silver Birch Close, Caerleon, Newport, NP18 3RX.

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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of ten years.

2.4. 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:

Office Equipment

25% on reducing balance

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	9,725

As at 31 March 2025	9,725

Amortisation
As at 1 April 2024	9,725

As at 31 March 2025	9,725

...CONTINUED

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Abacus Bookkeeping and Accounts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Tangible Assets

	Office Equipment
	£
Cost
As at 1 April 2024	5,195

As at 31 March 2025	5,195

Depreciation
As at 1 April 2024	3,940
Provided during the period	314

As at 31 March 2025	4,254

Net Book Value
As at 31 March 2025	941

As at 1 April 2024	1,255

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,246	4,010
Other debtors	494	477

	2,740	4,487

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	11,541	12,608
Taxation and social security	138	138

	11,679	12,746

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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