REGISTERED NUMBER: 04445391 (England and Wales)

ABBEYMOVE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S.G. Routledge

SECRETARY:

D.G.M. Reese

REGISTERED OFFICE:

17 Richmond Road

North Chingford

London

E4 7BN

REGISTERED NUMBER:

04445391 (England and Wales)

ACCOUNTANTS:

Cobbin Floyd Ltd

t/as Findlay Wetherfield Scott & Co.

Chartered Accountants

137, Station Road

Chingford,

London

E4 6AG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,764

6,489

4,764

6,489

CURRENT ASSETS

Debtors

6

767,189

660,788

Investments

7

40,722

134,247

Cash at bank

112,101

178,654

920,012

973,689

CREDITORS

Amounts falling due within one year

8

(80,892

)

(135,433

)

NET CURRENT ASSETS

839,120

838,256

TOTAL ASSETS LESS CURRENT LIABILITIES

843,884

844,745

PROVISIONS FOR LIABILITIES

(946

)

(1,294

)

NET ASSETS

842,938

843,451

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

842,838

843,351

SHAREHOLDERS' FUNDS

842,938

843,451

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 31st December 2025 and were signed by:

S.G. Routledge - Director

1.	STATUTORY INFORMATION

Abbeymove Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 6 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

15,392

AMORTISATION

At 1st April 2024

and 31st March 2025

15,392

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2024

233

15,616

15,849

Disposals

-

(578

)

(578

)

At 31st March 2025

233

15,038

15,271

DEPRECIATION

At 1st April 2024

192

9,168

9,360

Charge for year

10

1,578

1,588

Eliminated on disposal

-

(441

)

(441

)

At 31st March 2025

202

10,305

10,507

NET BOOK VALUE

At 31st March 2025

31

4,733

4,764

At 31st March 2024

41

6,448

6,489

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

46,641

97,460

Taxes

4,200

178

Related party debtors

49,338

-

Prepayments

1,979

650

102,158

98,288

2025

2024

£

£

Amounts falling due after more than one year:

Other debtors

665,031

562,500

Aggregate amounts

767,189

660,788

Included in the other debtors of over one year is a ten year loan of £500,000 to a company in which the director holds a minority interest.

There are further non short term loans totalling £162,500 plus accrued interest.

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Property development loan

40,722

134,247

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,521

1,131

Corporation tax

-

28,521

Social security and other taxes

7,393

12,790

Other creditors

-

68

Amount due to clients

53,709

62,599

Directors' current accounts

725

-

Accrued expenses

and deferred income

17,544

30,324

80,892

135,433

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date the sum owed to/(from) the director amounted to £725 (previous year - £nil). These amounts are included in other creditors due within one year.

The director previously let various properties to the company during the year at their market rental value. No sum was paid by the company to the director in 2024/25 (previous year - £433,281).

At the balance sheet date, there was an amount of £49,338 owed by a company wholly owned by the director.

10.	RELATED PARTY DISCLOSURES

The controlling party is the sole director by virtue of his ownership of the whole of the company's issued share capital.