REGISTERED NUMBER: 05384635 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Absolutely PC Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J P Williams

Mrs J K Williams

REGISTERED OFFICE:

Unit 1

The Grove Industrial Estate

Gloucester Road

Patchway

Bristol

BS34 5BB

REGISTERED NUMBER:

05384635 (England and Wales)

ACCOUNTANTS:

Norton Tax Shops Limited

3 & 5 Station Road

Keynsham

Bristol

BS31 2BH

FIXED ASSETS

Tangible assets

4

18,392

20,469

CURRENT ASSETS

Stocks

12,011

20,945

Debtors

237,711

160,146

Cash at bank and in hand

74,385

86,376

324,107

267,467

CREDITORS

Amounts falling due within one year

174,808

153,458

NET CURRENT ASSETS

149,299

114,009

TOTAL ASSETS LESS CURRENT LIABILITIES

167,691

134,478

CREDITORS

Amounts falling due after more than one year

48,091

76,619

NET ASSETS

119,600

57,859

CAPITAL AND RESERVES

Called up share capital

5

30,000

30,000

Retained earnings

89,600

27,859

SHAREHOLDERS' FUNDS

119,600

57,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2026 and were signed on its behalf by:

Mr J P Williams - Director

1.	STATUTORY INFORMATION

Absolutely PC Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

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.

Plant and machinery

-

at varying rates on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

86,848

Additions

6,885

Disposals

(90

)

At 31 December 2025

93,643

DEPRECIATION

At 1 January 2025

66,379

Charge for year

8,962

Eliminated on disposal

(90

)

At 31 December 2025

75,251

NET BOOK VALUE

At 31 December 2025

18,392

At 31 December 2024

20,469

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

30,000

Ordinary

£1

30,000

30,000

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

Mr J P Williams and Mrs J K Williams

Balance outstanding at start of year

(19,742

)

(665

)

Amounts repaid

(667

)

(19,077

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(20,409

)

(19,742

)

7.	RELATED PARTY DISCLOSURES

At the year end, the company owed £3,000 to Passion for Excellence Ltd (2024: Passion for Excellence owed Absolutely PC Limited £15,000), a company owned by Mr J and Mrs JK Williams.

In addition, at the year end Absolutely PC Limited was owed £106,951 from EC Computers Limited (2024: £10,685), a wholly owned subsisidary of Passion for Excellence Limited.

Both loans were taken out during the normal course of business at market rates.