Able Waste Services Ltd - Filleted accounts

Registered number

08236592

Able Waste Services Ltd

Filleted Accounts

for the year ended 31 October 2025

Able Waste Services Ltd
Registered number:		08236592
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,482,858			604,398

Current assets
Debtors	4	516,324			516,565
Investments held as current assets	5	1,470,871			1,458,519
Cash at bank and in hand		251,573			463,424
		2,238,768			2,438,508

Creditors: amounts falling due within one year	6	(1,472,476)			(1,632,158)

Net current assets			766,292			806,350

Total assets less current liabilities			2,249,150			1,410,748

Creditors: amounts falling due after more than one year	7		(1,512,374)			(554,148)



Net assets			736,776			856,600

Capital and reserves
Called up share capital			2			2
Profit and loss account			736,774			856,598

Shareholders' funds			736,776			856,600

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Ilir Berisha
Director
Approved by the board on 15 July 2026

Able Waste Services Ltd
Notes to the Accounts
for the year ended 31 October 2025

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Freehold buildings			Nil
	Leasehold land and buildings			Nil
	Plant and machinery			20% reducing balances
	Fixtures, fittings, tools and equipment			20% reducing balances
	Vehicles			20% reducing balances

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					20		20

3	Tangible fixed assets
		Land and buildings		Plant and machinery etc	Equipments Fixtures & Fittings	Motor vehicles		Total
£			£		£	£	£
	Cost
	At 1 November 2024	101,738		1,233,291	117,992	762,866		2,215,887
	Additions	-		663,000	-	863,112		1,526,112
	Disposals	-		(485,598)	-	(630,206)		(1,115,804)
	At 31 October 2025	101,738		1,410,693	117,992	995,772		2,626,195

	Depreciation
	At 1 November 2024	-		877,478	105,211	628,800		1,611,489
	Charge for the year	-		173,013	2,556	169,712		345,281
	On disposals	-		(331,849)	-	(481,584)		(813,433)
	At 31 October 2025	-		718,642	107,767	316,928		1,143,337

	Net book value
	At 31 October 2025	101,738		692,051	10,225	678,844		1,482,858
	At 31 October 2024	101,738		355,813	12,781	134,066		604,398


4	Debtors					2025		2024
£							£

	Trade debtors					477,274		477,515
	Prepayments					550		550
	Rent deposit-Council					30,000		30,000
	Short term loan					5,000		5,000
	Other debtors					3,500		3,500
						516,324		516,565


5	Investments held as current assets					2025		2024
£							£
	Fair value
	Unlisted investments					1,470,871		1,458,519


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					203,011		152,667
	Trade creditors					397,330		347,169
	Employee Pension					2,462		4,496
	Taxation and social security costs					522,848		791,041
	Other creditors					346,825		336,785
						1,472,476		1,632,158


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					37,721		268,478
	Simply Assets Finance CX130E-SAF					64,388		-
	Simply Assets Finance 82IG-SAF					126,799		-
	Simply Asset Finance SAF					180,767		-
	Allica Financial Services Ltd					122,444		-
	Aldermore Bank Plc					801,753		-
	Lending Crowd Loan					146,752		196,171
	CNH Industrial Capital finance AE					31,750		89,499
						1,512,374		554,148


8	Other information

	Able Waste Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	43 Imperial Way
	Croydon
	Surrey
	CR0 4RR