AB Web Holdings Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03948614

AB WEB HOLDINGS LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2025

AB WEB HOLDINGS LTD

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£	£

CURRENT ASSETS

Debtors	4	11,199	342
Cash at bank and in hand		17,753	13,143
		--------	--------
		28,952	13,485

CREDITORS: amounts falling due within one year	5	25,975		837
		--------		--------
NET CURRENT ASSETS			2,977		12,648
			-------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			2,977		12,648

CREDITORS: amounts falling due after more than one year	6	436	800
		-------	--------
NET ASSETS		2,541	11,848
		-------	--------

CAPITAL AND RESERVES

Called up share capital fully paid	415	415
Share premium account	63,686	63,686
Profit and loss account	( 61,560)	( 52,253)
	--------	--------
SHAREHOLDERS FUNDS	2,541	11,848
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

AB WEB HOLDINGS LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

Mr M L Rigby-White
Director

Company registration number: 03948614

AB WEB HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Meadows Kings Court, Headlands House, 1 Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ, England.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

4. DEBTORS

	2025	2024
	£	£
Other debtors	11,199	342
	--------	----

5. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	400	400
Trade creditors	–	17
Amounts owed to group undertakings and undertakings in which the company has a participating interest	42	–
Other creditors	25,533	420
	--------	----
	25,975	837
	--------	----

6. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	436	800
	----	----

7. RELATED PARTY TRANSACTIONS

During the year the company was charged management fees by associated companies totalling £25,000 (2024 - £nil). The company was also owed £11,000 (2024 - £nil) by a company in which the Director has an interest.