1 July 2024 v2026.12.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software false true true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP 04533260 2024-07-01 2025-06-30 04533260 2025-06-30 04533260 2024-06-30 04533260 core:WithinOneYear 2025-06-30 04533260 core:WithinOneYear 2024-06-30 04533260 core:AfterOneYear 2025-06-30 04533260 core:AfterOneYear 2024-06-30 04533260 core:ShareCapital 2025-06-30 04533260 core:ShareCapital 2024-06-30 04533260 core:RevaluationReserve 2025-06-30 04533260 core:RevaluationReserve 2024-06-30 04533260 core:RetainedEarningsAccumulatedLosses 2025-06-30 04533260 core:RetainedEarningsAccumulatedLosses 2024-06-30 04533260 bus:Director1 2024-07-01 2025-06-30 04533260 bus:RegisteredOffice 2024-07-01 2025-06-30 04533260 core:PlantMachinery 2024-07-01 2025-06-30 04533260 core:FurnitureFittingsToolsEquipment 2024-07-01 2025-06-30 04533260 2023-07-01 2024-06-30 04533260 core:PlantMachinery 2024-07-01 04533260 core:PlantMachinery 2025-06-30 04533260 core:PlantMachinery 2024-06-30 04533260 1 2024-07-01 2025-06-30 04533260 countries:EnglandWales 2024-07-01 2025-06-30 04533260 bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 04533260 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 04533260 bus:SmallEntities 2024-07-01 2025-06-30 04533260 bus:FullAccounts 2024-07-01 2025-06-30
Company registration number:
04533260
Abbeycomp - It Solutions Limited
Unaudited Filleted Financial Statements for the year ended
30 June 2025
Abbeycomp - It Solutions Limited
Statement of Financial Position
30 June 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 40,256 |  | 43,594 |
Current assets |  |  |  |  |
Debtors | 6 | 196,395 |  | 173,927 |
Cash at bank and in hand |  | 160,212 |  | 152,781 |
|  | 356,607 |  | 326,708 |
Creditors: amounts falling due within one year | 7 | (307,317 | ) | (226,104 | )
Net current assets |  | 49,290 |  | 100,604 |
Total assets less current liabilities |  | 89,546 |  | 144,198 |
Creditors: amounts falling due after more than one year | 8 | (9,045 | ) | (15,364 | )
Net assets |  | 80,501 |  | 128,834 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 3 |  | 3 |
Revaluation reserve |  | 1 |  | 1 |
Profit and loss account |  | 80,497 |  | 128,830 |
Shareholders funds |  | 80,501 |  | 128,834 |

For the year ending
30 June 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
24 March 2026
, and are signed on behalf of the board by:

U Magnusson Lima
Director

Company registration number:
04533260
Abbeycomp - It Solutions Limited
Notes to the Financial Statements
Year ended
30 June 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
86 Gloucester Place
,
London
,
London
,
W1U 6HP
, United Kingdom.

## 2 Statement of compliance

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

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, 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.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery | over 5 years
Fixtures, fittings and equipment | over 5 years

## Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

## Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

## 4 Average number of employees

The average number of persons employed by the company during the year was
15
(2024:
14.00
).

## 5 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 July 2024 | 251,526 |
Additions | 10,743 |
At 30 June 2025 | 262,269 |
Depreciation |  |
At 1 July 2024 | 207,932 |
Charge | 14,081 |
At 30 June 2025 | 222,013 |
Carrying amount |  |
At 30 June 2025 | 40,256 |
At 30 June 2024 | 43,594 |

## 6 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 137,074 |  | 167,482 |
Other debtors | 59,321 |  | 6,445 |
| 196,395 |  | 173,927 |

## 7 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Trade creditors | 132,177 |  | 77,351 |
Taxation and social security | 144,809 |  | 122,111 |
Other creditors | 30,331 |  | 26,642 |
| 307,317 |  | 226,104 |

## 8 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Other creditors | 9,045 |  | 15,364 |