REGISTERED NUMBER: 00918479 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

A B PUBLISHING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Ms K L Macaulay

REGISTERED OFFICE:

2 Jardine House

The Harrovian Business Village

Bessbrough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

00918479 (England and Wales)

ACCOUNTANTS:

Barber & Company

A trading name of PCM Accounting Limited

2 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

12,718

24,384

12,718

24,384

CURRENT ASSETS

Inventories

6

12,821

49,216

Debtors

7

480,504

583,804

Cash at bank

29

14

493,354

633,034

CREDITORS

Amounts falling due within one year

8

393,316

530,415

NET CURRENT ASSETS

100,038

102,619

TOTAL ASSETS LESS CURRENT LIABILITIES

112,756

127,003

CREDITORS

Amounts falling due after more than one year

9

-

(8,333

)

PROVISIONS FOR LIABILITIES

10

(3,180

)

(5,760

)

NET ASSETS

109,576

112,910

CAPITAL AND RESERVES

Called up share capital

11

3,860

3,860

Capital redemption reserve

12

32,529

32,529

Retained earnings

12

73,187

76,521

SHAREHOLDERS' FUNDS

109,576

112,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 May 2026 and were signed by:

Ms K L Macaulay - Director

1.	STATUTORY INFORMATION

A B Publishing 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue 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 2015, is being amortised evenly over its estimated useful life of five 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

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

CURRENT ASSET INVESTMENTS

Current asset investments are valued at the lower of cost and net realisable value, less impairment losses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

15,500

AMORTISATION

At 1 December 2024

and 30 November 2025

15,500

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 December 2024

13,578

49,570

63,148

Additions

-

206

206

Disposals

(13,578

)

(1,614

)

(15,192

)

At 30 November 2025

-

48,162

48,162

DEPRECIATION

At 1 December 2024

6,626

32,138

38,764

Charge for year

-

4,239

4,239

Eliminated on disposal

(6,626

)

(933

)

(7,559

)

At 30 November 2025

-

35,444

35,444

NET BOOK VALUE

At 30 November 2025

-

12,718

12,718

At 30 November 2024

6,952

17,432

24,384

6.	INVENTORIES

30.11.25

30.11.24

£

£

Work-in-progress

12,821

49,216

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

165,120

256,047

Amounts owed by group undertakings

313,732

302,164

Other debtors

-

22,097

CT recoverable

317

317

Prepayments and accrued income

1,335

3,179

480,504

583,804

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

61,995

28,803

Trade creditors

10,709

29,900

Corporation Tax

60,852

33,931

Social security and other taxes

50,191

106,197

Other creditors

192,523

284,416

Accruals and deferred income

17,046

47,168

393,316

530,415

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans - 1-2 years

-

8,333

10.	PROVISIONS FOR LIABILITIES

30.11.25

30.11.24

£

£

Deferred tax

3,180

5,760

Deferred

tax

£

Balance at 1 December 2024

5,760

Provided during year

(2,580

)

Balance at 30 November 2025

3,180

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

3,667

"A" Ordinary

£1

3,667

3,667

193

"C" Ordinary

£1

193

193

3,860

3,860

On 9th September, 2017, share options were issued to members of the senior management team.

The share options are over "D" Ordinary Shares which are equity shares with full voting rights and which are entitled to a share of assets on a winding up.

The number of shares, over which share options exist at the balance sheet date, amounts to 1,125.

12.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 December 2024

76,521

32,529

109,050

Profit for the year

86,666

86,666

Dividends

(90,000

)

(90,000

)

At 30 November 2025

73,187

32,529

105,716

13.	ULTIMATE CONTROLLING PARTY

The controlling party is the parent company, The One Above Holdings Limited.

Ms K L Macaulay, a director of A B Publishing Limited, is a director and significant shareholder in The One Above Holdings Limited.