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Registration number: 4457930

Chris Abbotts Workshops Limited
Unaudited Financial Statements
for the Year Ended 31 May 2025

Chris Abbotts Workshops Limited

(Registration number: 4457930)
Balance Sheet as at 31 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 247,664 | 250,403
Current assets |  |  |
Stocks | 5 | 2,750 | 2,750
Debtors | 6 | 1,846 | 856
Cash at bank and in hand |  | 31,559 | 36,690
|  | 36,155 | 40,296
Creditors: Amounts falling due within one year | 7 | (278,090) | (280,023)
Net current liabilities |  | (241,935) | (239,727)
Net assets |  | 5,729 | 10,676
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 5,629 | 10,576
Shareholders' funds |  | 5,729 | 10,676

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts 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 accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and FRS 102 Section 1A.

Approved and authorised by the director on 28 November 2025

......................................... Mr C W Abbott Director |  |

Chris Abbotts Workshops Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Unit 2B 2 Blacknest Industrial Estate, Blacknest, Alton, Hants, GU34 4PX.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Chris Abbotts Workshops Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

2 | Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | Straight line basis over 7 years
Office equipment | Straight line basis over 4 years
Land and buildings | Straight line basis over 50 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for impairment is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the debtor.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. All shares are issued on a fully paid up basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Chris Abbotts Workshops Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Tangible assets

| Land and buildings £ | Other property, plant and equipment £ | Total £
Cost or valuation
At 1 June 2024 | 257,341 | 28,637 | 285,978
Additions | - | 4,515 | 4,515
At 31 May 2025 | 257,341 | 33,152 | 290,493
Depreciation
At 1 June 2024 | 10,141 | 25,434 | 35,575
Charge for the year | 5,150 | 2,104 | 7,254
At 31 May 2025 | 15,291 | 27,538 | 42,829
Carrying amount
At 31 May 2025 | 242,050 | 5,614 | 247,664
At 31 May 2024 | 247,200 | 3,203 | 250,403

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 2,750 | 2,750

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 692 | 856
Other debtors | 1,154 | -
| 1,846 | 856

Chris Abbotts Workshops Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Trade creditors | 3,698 | 1,067
Taxes and social security | - | 3,185
Directors current accounts | 273,192 | 274,651
Other creditors | 1,200 | 1,120
| 278,090 | 280,023

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100