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Company Registration No. 16005569 (England and Wales)
247 Asbestos Services Ltd Unaudited accounts for the year ended 31 October 2025
247 Asbestos Services Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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247 Asbestos Services Ltd Company Information for the year ended 31 October 2025
Director
James Corrigan
Company Number
16005569 (England and Wales)
Registered Office
5 Bread and Meat Close Warwick Warwickshire CV34 6HF England
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247 Asbestos Services Ltd Accountants' report
Accountants' report to the director of 247 Asbestos Services Ltd on the preparation of the unaudited statutory accounts for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 247 Asbestos Services Ltd for the year ended 31 October 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of 247 Asbestos Services Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of 247 Asbestos Services Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 247 Asbestos Services Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 247 Asbestos Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 247 Asbestos Services Ltd. You consider that 247 Asbestos Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 247 Asbestos Services Ltd. For this reason, we have not verified the 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 accounts.
9 November 2025
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247 Asbestos Services Ltd Statement of financial position as at 31 October 2025
2025
Notes
£
Fixed assets
Intangible assets
4
7,000
Tangible assets
5
8,662
15,662
Current assets
Cash at bank and in hand
4,739
Creditors: amounts falling due within one year
6
(13,101)
Net current liabilities
(8,362)
Total assets less current liabilities
7,300
Creditors: amounts falling due after more than one year
7
(1,348)
Net assets
5,952
Capital and reserves
Called up share capital
8
100
Profit and loss account
5,852
Shareholders' funds
5,952
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 November 2025 and were signed on its behalf by
James Corrigan Director Company Registration No. 16005569
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247 Asbestos Services Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
247 Asbestos Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 16005569. The registered office is 5 Bread and Meat Close, Warwick, Warwickshire, CV34 6HF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance Basis
Fixtures & fittings
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 November 2024
-
Additions
7,000
At 31 October 2025
7,000
Amortisation
At 1 November 2024
-
At 31 October 2025
-
Net book value
At 31 October 2025
7,000
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247 Asbestos Services Ltd Notes to the Accounts for the year ended 31 October 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
-
-
-
-
Additions
8,941
734
1,875
11,550
At 31 October 2025
8,941
734
1,875
11,550
Depreciation
Charge for the year
2,236
183
469
2,888
At 31 October 2025
2,236
183
469
2,888
Net book value
At 31 October 2025
6,705
551
1,406
8,662
6
Creditors: amounts falling due within one year
2025
£
VAT
8,513
Taxes and social security
4,188
Accruals
400
13,101
7
Creditors: amounts falling due after more than one year
2025
£
Loans from directors
1,348
8
Share capital
2025
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
9
Average number of employees
During the year the average number of employees was 1.
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