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Company Registration No. 12322039 (England and Wales)
ABM Energy Ltd Unaudited accounts for the year ended 30 November 2025
ABM Energy Ltd Company Information for the year ended 30 November 2025
Directors
Steven Baxter Anthony Myers David Aston
Company Number
12322039 (England and Wales)
Registered Office
Clavering House Clavering Place Newcatle upon Tyne Tyne and Wear NE1 3NG
Accountants
Accounting Inc. Ltd Hoults Yard Walker Rd Newcastle upon Tyne Tyne and Wear NE6 2HL
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ABM Energy Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
101,691
83,711
Current assets
Debtors
5
142,335
150,287
Cash at bank and in hand
178,999
96,882
321,334
247,169
Creditors: amounts falling due within one year
6
(148,607)
(125,073)
Net current assets
172,727
122,096
Total assets less current liabilities
274,418
205,807
Creditors: amounts falling due after more than one year
7
(78,122)
(62,660)
Provisions for liabilities
Deferred tax
(19,321)
(15,905)
Net assets
176,975
127,242
Capital and reserves
Called up share capital
100
100
Profit and loss account
176,875
127,142
Shareholders' funds
176,975
127,242
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 15 June 2026 and were signed on its behalf by
Steven Baxter Director Company Registration No. 12322039
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ABM Energy Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
ABM Energy Ltd is a private company, limited by shares, registered in England and Wales, registration number 12322039. The registered office is Clavering House, Clavering Place, Newcatle upon Tyne, Tyne and Wear, NE1 3NG.
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 remained unchanged from the previous year, and also 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
15% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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ABM Energy Ltd Notes to the Accounts for the year ended 30 November 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2024
6,140
75,762
5,799
3,540
91,241
Additions
2,781
37,316
1,727
550
42,374
At 30 November 2025
8,921
113,078
7,526
4,090
133,615
Depreciation
At 1 December 2024
2,550
2,473
97
2,410
7,530
Charge for the year
782
21,499
1,492
621
24,394
At 30 November 2025
3,332
23,972
1,589
3,031
31,924
Net book value
At 30 November 2025
5,589
89,106
5,937
1,059
101,691
At 30 November 2024
3,590
73,289
5,702
1,130
83,711
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
11,746
Trade debtors
128,872
135,001
Other debtors
13,463
3,540
142,335
150,287
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ABM Energy Ltd Notes to the Accounts for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
16,245
-
Obligations under finance leases and hire purchase contracts
17,939
13,466
Trade creditors
66,313
89,861
Taxes and social security
40,541
16,831
Other creditors
-
56
Loans from directors
7,569
4,859
148,607
125,073
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
78,122
62,660
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
2,197
20,346
12,620
9,923
2,197
20,346
12,620
9,923
The balance represents an unsecured, interest-free advance to the director, repayable on demand.
9
Average number of employees
During the year the average number of employees was 7 (2024: 6).
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