Abacad Limited - Filleted accounts

Registered number

05400458

Abacad Limited

Unaudited Filleted Accounts

31 March 2026

Abacad Limited
Registered number:		05400458
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		400			-

Current assets
Debtors	4	2,676			3,771
Cash at bank and in hand		74,889			37,091
		77,565			40,862

Creditors: amounts falling due within one year	5	(14,633)			(8,213)

Net current assets			62,932			32,649

Net assets			63,332			32,649

Capital and reserves
Called up share capital			2			2
Profit and loss account			63,330			32,647

Shareholder's funds			63,332			32,649

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




R J Biddle
Director
Approved by the board on 23 July 2026

Abacad Limited
Notes to the Accounts
for the year ended 31 March 2026


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 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price).

	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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

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


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	2		2


3	Tangible fixed assets
				Computer equipment
£
	Cost
	At 1 April 2025			634
	Additions			600
	Disposals			(634)
	At 31 March 2026			600

	Depreciation
	At 1 April 2025			634
	Charge for the year			200
	On disposals			(634)
	At 31 March 2026			200

	Net book value
	At 31 March 2026			400


4	Debtors	2026		2025
£			£

	Trade debtors	1,735		3,771
	Other debtors	941		-
		2,676		3,771


5	Creditors: amounts falling due within one year	2026		2025
£			£

	Taxation and social security costs	13,200		6,100
	Other creditors	1,433		2,113
		14,633		8,213


6	Other information

	Abacad Limited is a private company limited by shares and incorporated in England. Its registered office is:
	6a Little Aston Lane
	Little Aston
	Sutton Coldfield
	B74 3UF