Company registration number 14386683 (England and Wales)
ABACO CONSULTING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
ABACO CONSULTING LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
ABACO CONSULTING LTD
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,095
867
Current assets
Debtors
4
20,792
14,679
Creditors: amounts falling due within one year
5
(14,873)
(11,434)
Net current assets
5,919
3,245
Net assets
7,014
4,112
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
7,013
4,111
Total equity
7,014
4,112

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 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.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 14 July 2026
S Nalty
Director
Company registration number 14386683 (England and Wales)
ABACO CONSULTING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
1
Accounting policies
Company information

Abaco Consulting Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary

amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include

investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable f or services provided in the normal course of business.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance
Computers
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Where a reasonable and consistent basis of allocation can be identified, assets are allocated to individual cash-generating units, or otherwise they are allocated to the smallest group of cash-generating units for which a reasonable and consistent allocation basis can be identified.

ABACO CONSULTING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

1.6
Taxation

The tax expense represents the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
ABACO CONSULTING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 4 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 October 2024
-
0
1,488
1,488
Additions
310
580
890
At 30 September 2025
310
2,068
2,378
Depreciation
At 1 October 2024
-
0
621
621
Depreciation charged in the year
65
597
662
At 30 September 2025
65
1,218
1,283
Carrying amount
At 30 September 2025
245
850
1,095
At 30 September 2024
-
0
867
867
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Corporation tax recoverable
5,246
3,578
Other debtors
15,546
11,101
20,792
14,679

Included within other debtors are amounts due from the director totaling £15,546 (202 4: £10,601). The amount is unsecured, repayable on demand and interest is charged at 3.75% on the account.

5
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
8,415
5,284
Other creditors
6,458
6,150
14,873
11,434
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1
ABACO CONSULTING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 5 -
7
Directors' transactions

An unsecured loan with no fixed repayment terms has been granted by the company to its director as follows:

Description
% Rate
Opening balance
Amounts advanced
Interest charged
Amounts repaid
Closing balance
£
£
£
£
£
Loan
3.75
10,601
37,200
391
(32,646)
15,546
10,601
37,200
391
(32,646)
15,546
2025-09-30 2024-10-01 false false false 15 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity S Nalty 14386683 2024-10-01 2025-09-30 14386683 2025-09-30 14386683 2024-09-30 14386683 core:FurnitureFittings 2025-09-30 14386683 core:ComputerEquipment 2025-09-30 14386683 core:FurnitureFittings 2024-09-30 14386683 core:ComputerEquipment 2024-09-30 14386683 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 14386683 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 14386683 core:CurrentFinancialInstruments 2025-09-30 14386683 core:CurrentFinancialInstruments 2024-09-30 14386683 core:ShareCapital 2025-09-30 14386683 core:ShareCapital 2024-09-30 14386683 core:RetainedEarningsAccumulatedLosses 2025-09-30 14386683 core:RetainedEarningsAccumulatedLosses 2024-09-30 14386683 core:ShareCapitalOrdinaryShareClass1 2025-09-30 14386683 core:ShareCapitalOrdinaryShareClass1 2024-09-30 14386683 bus:Director1 2024-10-01 2025-09-30 14386683 core:FurnitureFittings 2024-10-01 2025-09-30 14386683 core:ComputerEquipment 2024-10-01 2025-09-30 14386683 2023-10-01 2024-09-30 14386683 core:FurnitureFittings 2024-09-30 14386683 core:ComputerEquipment 2024-09-30 14386683 2024-09-30 14386683 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 14386683 bus:OrdinaryShareClass1 2025-09-30 14386683 bus:OrdinaryShareClass1 2024-09-30 14386683 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 14386683 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 14386683 bus:FRS102 2024-10-01 2025-09-30 14386683 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 14386683 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP