Aboding Limited iXBRL

Company Registration Number: 07850135

Aboding Limited

Unaudited Financial Statements

for the financial period ended 31 March 2025

Aboding Limited

DIRECTOR AND OTHER INFORMATION


Director	William Morton Flowerday


Company Registration Number	07850135


Registered Office and Business Address	483 Green Lanes
	London
	N13 4BS
	England


Accountants	Quarter
	Chartered Accountants
	St Anne's House
	15 Church Street
	Cathedral Quarter
	BT1 1PG
	United Kingdom


Bankers	Metro Bank PLC
	1 Southampton Row
	London
	WC1B 5HA
	United Kingdom

Aboding Limited

CHARTERED ACCOUNTANTS REPORT

to the Director on the Compilation of the unaudited financial statements of Aboding Limited

for the financial period ended 31 March 2025

In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial period ended 31 March 2025 as set out on pages to which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the director of Aboding Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.

We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.

You have acknowledged on the Statement of Financial Position for the period ended 31 March 2025 your duty to ensure that Aboding Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Aboding Limited. You consider that Aboding Limited is exempt from the statutory audit requirement for the financial period.

We have not been instructed to carry out an audit or a review of the financial statements of Aboding Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

__________________________________

QUARTER

Chartered Accountants

St Anne's House

15 Church Street

Cathedral Quarter

BT1 1PG

United Kingdom

22 December 2025

Aboding Limited

Company Registration Number: 07850135

STATEMENT OF FINANCIAL POSITION

as at 31 March 2025

Mar 25

Nov 23

Notes

Non-Current Assets

Property, plant and equipment

1,378

4,105

─────────

Current Assets

Receivables

937,744

992,777

Cash and cash equivalents

1,691

4,770

─────────

939,435

997,547

─────────

Payables: amounts falling due within one year

(230,410)

(234,145)

─────────

Net Current Assets

709,025

763,402

─────────

Total Assets less Current Liabilities

710,403

767,507

Payables:

amounts falling due after more than one year

(145,755)

(218,107)

─────────

Net Assets

564,648

549,400

═════════

Equity

Called up share capital

Retained earnings

564,647

549,399

─────────

Equity attributable to owners of the company

564,648

549,400

═════════

The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

For the financial period ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Approved by the Director and authorised for issue on 22 December 2025



________________________________
William Morton Flowerday
Director

Aboding Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial period ended 31 March 2025

General Information

Aboding Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 07850135. The registered office of the company is 483 Green Lanes, London, N13 4BS, England which is also the principal place of business of the company. Principal activity of the company is that of other service activities not elsewhere classified. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial period ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Revenue

Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

20% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Trade and other receivables

Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other payables

Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Exceptional item

Exceptional items are those that the directors' view are required to be separately disclosed by virtue of their size or incidence to enable a full understanding of the company's financial performance.

Period of financial statements

The financial statements are for the 16 month period ended 31 March 2025.

Employees

The average monthly number of employees, including director, during the financial period was 1, (Nov 23 - 1).

Mar 25

Nov 23

Number

Number

Director

═════════


5.	Property, plant and equipment
		Fixtures,	Total
		fittings and
		equipment
		£	£
	Cost
	At 1 December 2023	18,345	18,345
		─────────	─────────

	At 31 March 2025	18,345	18,345
		─────────	─────────
	Depreciation
	At 1 December 2023	14,240	14,240
	Charge for the financial period	2,727	2,727
		─────────	─────────
	At 31 March 2025	16,967	16,967
		─────────	─────────
	Carrying amount
	At 31 March 2025	1,378	1,378
		═════════	═════════
	At 30 November 2023	4,105	4,105
		═════════	═════════


6.	Receivables	Mar 25	Nov 23
		£	£

	Trade receivables	59,000	-
	Amounts owed by connected parties (Note 11)	878,744	944,777
	Prepayments and accrued income	-	48,000
		─────────	─────────
		937,744	992,777
		═════════	═════════


7.	Payables	Mar 25	Nov 23
	Amounts falling due within one year	£	£

	Bank loan	5,508	5,328
	Other Loans	78,348	78,348
	Trade payables	156	956
	Amounts owed to connected parties (Note 11)	16,969	2,288
	Taxation (Note 9)	2,677	23,765
	Director's current account	90,407	62,358
	Other creditors	34,365	59,122
	Accruals	1,980	1,980
		─────────	─────────
		230,410	234,145
		═════════	═════════


8.	Payables	Mar 25	Nov 23
	Amounts falling due after more than one year	£	£

	Bounce Bank loan	25,013	32,329
	SSAS Loan	120,742	185,778
		─────────	─────────
		145,755	218,107
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 7)	83,856	83,676
	Repayable between one and two years	63,997	64,558
	Repayable between two and five years	64,140	64,558
	Repayable in five years or more	17,618	88,991
		─────────	─────────
		229,611	301,783
		═════════	═════════


9.	Taxation	Mar 25	Nov 23
		£	£

	Payables:
	Corporation tax	2,677	23,765
		═════════	═════════

10.

Capital commitments

The company had no material capital commitments at the financial period-ended 31 March 2025.

11.

Related party transactions

Balance

Movement

Balance

Maximum

Mar 25

in period

Nov 23

in period

WMF Property Limited

856,702

768,653

88,049

856,702

Aboding Co Living Limited

22,042

21,500

542

22,042

East Village Developments Limited

(856,186)

856,186

856,186

─────────

═════════

878,744

(66,033)

944,777

═════════

The following amounts are due to other connected parties:

Mar 25

Nov 23

Aboding Management Limited

2,288

Aboding Investments LLP

16,969

─────────

16,969

2,288

═════════

Net balances with other connected parties:

Mar 25

Nov 23

WMF Property Limited

856,702

88,049

Aboding Co Living Limited

22,042

542

Aboding Management Limited

(2,288)

East Village Developments Limited

856,186

Aboding Investments LLP

(16,969)

─────────

861,775

942,489

═════════

WMF Property Limited

Will Flowerday is a director of both Aboding Limited and WMF Property Limited. As at 1 December 2023, WMF Property Limited owed Aboding Limited £88,049. During the financial year, there was a net movement of £768,653. As at 31st March 2025 WMF Property Limited owed Aboding Limited £856,702.

Aboding Co Living Limited

Will Flowerday is a director of both Aboding Limited and Aboding Co Living Limited. As at 1 December 2023, Aboding Co Living Limited owed Aboding Limited £542. During the financial year, there was a net movement of £21,500. As at 31st March 2025 Aboding Co Living Limited owed Aboding Limited £22,042.

Aboding Management Limited

Will Flowerday is a director of both Aboding Limited and Aboding Management Limited. As at 1 December 2023, Aboding Limited owed Aboding Management Limited £2,288. During the financial year, there was a net movement of £2,288. As at 31st March 2025 Aboding Management owed Aboding Limited £Nil.

Aboding Investment LLP

Will Flowerday is a director of both Aboding Limited and Aboding Investment LLP. As at 1 December 2023, Aboding Limited owed Aboding Investment LLP £Nil. During the financial year, there was a net movement of £16,969. As at 31st March 2025 Aboding Limited owed Aboding Investment LLP £16,969.

12.

Events After the End of the Reporting Period

There have been no significant events affecting the company since the financial period-end.