REGISTERED NUMBER: 03908392 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

ABCO AIR & SHIPPING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S T Abusch

SECRETARY:

S T Abusch

REGISTERED OFFICE:

2, Wexfenne Gardens

Pyrford

Woking

Surrey

GU22 8TX

REGISTERED NUMBER:

03908392 (England and Wales)

ACCOUNTANTS:

J Ensor F.C.A.

2. Wexfenne Gardens

Pyrford

Woking

Surrey

GU22 8TX

FIXED ASSETS

Tangible assets

4

3,669

4,261

CURRENT ASSETS

Debtors

5

23,037

65,679

Cash at bank

117,537

291,363

140,574

357,042

CREDITORS

Amounts falling due within one year

6

21,604

131,565

NET CURRENT ASSETS

118,970

225,477

TOTAL ASSETS LESS CURRENT LIABILITIES

122,639

229,738

CAPITAL AND RESERVES

Called up share capital

12,500

12,500

Retained earnings

110,139

217,238

SHAREHOLDERS' FUNDS

122,639

229,738

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

S T Abusch - Director

1.	STATUTORY INFORMATION

ABCO AIR & SHIPPING LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

10,419

12,812

3,000

26,231

Additions

-

285

-

285

At 31 March 2025

10,419

13,097

3,000

26,516

DEPRECIATION

At 1 April 2024

8,681

10,823

2,466

21,970

Charge for year

174

569

134

877

At 31 March 2025

8,855

11,392

2,600

22,847

NET BOOK VALUE

At 31 March 2025

1,564

1,705

400

3,669

At 31 March 2024

1,738

1,989

534

4,261

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

20,044

63,396

Other debtors

2,993

2,283

23,037

65,679

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

10,201

62,459

Taxation and social security

4,114

8,127

Other creditors

7,289

60,979

21,604

131,565