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Registered number: 12422356
ABM New Build Ltd
Financial Statements
For The Year Ended 31 January 2026
Affinity Associates (AU) Limited
Suite A, 1st Floor, Unit 1
Eurogate Business Park,
Ashford
Kent
TN24 8XW
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 12422356
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 452,540 537,256
452,540 537,256
CURRENT ASSETS
Debtors 6 301,302 303,261
Cash at bank and in hand 26,270 8,404
327,572 311,665
Creditors: Amounts Falling Due Within One Year 7 (518,760 ) (517,316 )
NET CURRENT ASSETS (LIABILITIES) (191,188 ) (205,651 )
TOTAL ASSETS LESS CURRENT LIABILITIES 261,352 331,605
Creditors: Amounts Falling Due After More Than One Year 8 (48,356 ) (48,448 )
NET ASSETS 212,996 283,157
CAPITAL AND RESERVES
Called up share capital 10 2 2
Income Statement 212,994 283,155
SHAREHOLDERS' FUNDS 212,996 283,157
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr L D Williams
Director
10 July 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ABM New Build Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12422356 . The registered office is Unit 1 Carlton Business Park, Carlton Road, Ashford, Kent, TN23 1EF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2025: 7)
8 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2025 129,981 528,000 9,762 6,601 674,344
Additions - 107,473 - 3,133 110,606
Disposals - (113,250 ) - - (113,250 )
As at 31 January 2026 129,981 522,223 9,762 9,734 671,700
Depreciation
As at 1 February 2025 10,126 121,400 3,514 2,048 137,088
Provided during the period 23,971 82,899 1,250 1,381 109,501
Disposals - (27,429 ) - - (27,429 )
As at 31 January 2026 34,097 176,870 4,764 3,429 219,160
Net Book Value
As at 31 January 2026 95,884 345,353 4,998 6,305 452,540
As at 1 February 2025 119,855 406,600 6,248 4,553 537,256
5. Stocks
2026 2025
£ £
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 298,637 302,261
Other debtors 2,665 1,000
301,302 303,261
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 28,165 41,330
Trade creditors 1,385 9,596
Amounts owed to participating interests 1,880 -
Other creditors 395,684 415,937
Taxation and social security 91,646 50,453
518,760 517,316
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 48,356 48,448
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 28,165 41,330
Later than one year and not later than five years 48,356 48,448
76,521 89,778
76,521 89,778
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
Page 5