REGISTERED NUMBER: 13191361 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

ABEL LIVING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss A Hayward

REGISTERED OFFICE:

11 Fore Street

Hertford

Hertfordshire

SG14 1DE

REGISTERED NUMBER:

13191361 (England and Wales)

ACCOUNTANTS:

Cook & Partners Limited

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Tangible assets

4

185,436

197,132

CURRENT ASSETS

Debtors

5

2,868,714

1,938,351

Cash at bank

574,621

33,951

3,443,335

1,972,302

CREDITORS

Amounts falling due within one year

6

1,695,921

1,090,702

NET CURRENT ASSETS

1,747,414

881,600

TOTAL ASSETS LESS CURRENT LIABILITIES

1,932,850

1,078,732

CREDITORS

Amounts falling due after more than one year

7

(74,022

)

(63,661

)

PROVISIONS FOR LIABILITIES

(42,445

)

(49,283

)

NET ASSETS

1,816,383

965,788

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,816,283

965,688

1,816,383

965,788

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

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

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th May 2026 and were signed by:

Miss A Hayward - Director

1.	STATUTORY INFORMATION

Abel Living 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.

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 cost

Motor vehicles

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 21 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1st September 2024

72,775

202,392

275,167

Additions

1,445

59,033

60,478

At 31st August 2025

74,220

261,425

335,645

DEPRECIATION

At 1st September 2024

29,717

48,318

78,035

Charge for year

15,196

56,978

72,174

At 31st August 2025

44,913

105,296

150,209

NET BOOK VALUE

At 31st August 2025

29,307

156,129

185,436

At 31st August 2024

43,058

154,074

197,132

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

468,103

509,085

Other debtors

2,382,029

1,419,065

Prepayments

18,582

10,201

2,868,714

1,938,351

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

25,326

19,095

Tax

445,098

267,938

Social security and other taxes

15,852

15,203

Other creditors

81,539

4,103

Directors' current accounts

24,547

-

Accrued expenses

1,103,559

784,363

1,695,921

1,090,702

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

74,022

63,661