Company registration number: 07325388
Annual report and unaudited financial statements
for the year ended 30 September 2025
for
Abstract Solutions Limited
Pages for filing with the Registrar
Company registration number: 07325388
Abstract Solutions Limited
Balance sheet
as at 30 September 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 1,590 1,276
1,590 1,276
Current assets
Debtors 33,157 45,817
Cash at bank and in hand 304,966 241,421
338,123 287,238
Creditors: amounts falling due within one
year 		(117,425) (93,729)
Net current assets 220,698 193,509
Total assets less current liabilities 222,288 194,785
Provisions for liabilities (303) (243)
NET ASSETS 221,985 194,542
Capital and reserves
Called up share capital 828 828
Other reserves 372 372
Profit and loss account 220,785 193,342
TOTAL EQUITY 221,985 194,542
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07325388
Abstract Solutions Limited
Balance sheet - continued
as at 30 September 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 26 May 2026 and signed on its behalf by:
Mr I Wilkie, Director
26 May 2026
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Abstract Solutions Limited
Notes to the financial statements
for the year ended 30 September 2025
1 Company information
Abstract Solutions Limited is a private company registered in England and Wales. Its registered number is 07325388. The company is limited by shares. Its registered office is Fairview, 22 Ottershaw Park, Chertsey, Surrey, KT16 0QG.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and Machinery - 25% reducing balance
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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.
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Abstract Solutions Limited
Notes to the financial statements - continued
for the year ended 30 September 2025
2 Accounting policies - continued
Deferred taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 4 (2024 - 3).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 October 2024 4,323
Additions 633
At 30 September 2025 4,956
Depreciation
At 1 October 2024 3,047
Charge for year 319
At 30 September 2025 3,366
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Abstract Solutions Limited
Notes to the financial statements - continued
for the year ended 30 September 2025
4 Tangible fixed assets - continued
Net book value
At 30 September 2025 1,590
At 30 September 2024 1,276
Cost or valuation at 30 September 2025 is represented by:
Plant and
machinery
etc.
£
Valuation in 2025 -
Cost 4,956
4,956
If Plant and Machinery had not been revalued, Plant and Machinery would have been included at the following historical cost:
2025 2024
£ £
Cost 4,956 4,323
Accumulated depreciation 3,366 3,047
5 Share capital
Allotted, Issued and Fully Paid - 828 (2023 - 1,200) Ordinary Shares of £1 each.
6 Related party transactions
As at 30th September 2025 the company owed Ian Turner Wilkie, director and shareholder, £63 (2024 - £9), Jeff Terrell, shareholder, £NIL (2024 - £NIL) and Christopher Howard Raistrick, director and shareholder, £2,611 (2024 - £106) in respect of loans and expenses incurred on behalf of the company in the normal course of business. Accrued commissions due to the directors at 30th September 2025 amounted to £NIL (2024 - £3,813) due to Ian Turner Wilkie and £36,750 (2024 - £23,971) due to Christopher Howard Raistrick. These amounts have all been paid to the directors since the year end. During the year, total dividends of £10,044 (2024 - £NIL) were paid to the directors.
7 Guarantees and other financial commitments
As at 30th September 2025, the Company had no annual commitments under non-cancelable operating leases.

Rentals payable under operating leases are charged against income on a straight-line basis over the term of the lease.
8 Provisions for liabilities
Deferred taxation at 30th September 2025 - £303 (2024 - £243)
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Abstract Solutions Limited
Notes to the financial statements - continued
for the year ended 30 September 2025
9 Dividends
Final ordinary dividends paid on equity shares totalling £13.50 (2024 - £0.00) per ordinary share - £11,178 (2024 - £NIL).
10 Controlling party
Throughout the current year and from 2nd April 2024 in the previous year, the company has been controlled equally by Mr. I. T. Wilkie and Mr. C. H. Raistrick, both directors of the company and who each held 44.93% of the issued share capital at the balance sheet date. Prior to 2nd April 2024 in the previous year, the company was controlled equally by Mr. I. T. Wilkie, Mr. M. Slater and Mr. C. H. Raistrick, all directors of the company and who each held 31% of the issued share capital. On 2nd April 2024 the company repurchased 372 ordinary shares owned by Mr. M. Slater and duly cancelled them. Mr. M. Slater also resigned as a director on that date.
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