ABLECROSS LIMITED - Filleted accounts

Registered number

10214461

ABLECROSS LIMITED

Filleted Accounts

30 June 2026

ABLECROSS LIMITED
Registered number:		10214461
Balance Sheet
as at 30 June 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		43,817			46,211

Current assets
Debtors	4	550,854			274,850
Cash at bank and in hand		109,781			210,734
		660,635			485,584

Creditors: amounts falling due within one year	5	(327,086)			(250,599)

Net current assets			333,549			234,985

Total assets less current liabilities			377,366			281,196

Creditors: amounts falling due after more than one year	6		-			(5,673)



Net assets			377,366			275,523

Capital and reserves
Called up share capital			100			100
Profit and loss account			377,266			275,423

Shareholder's funds			377,366			275,523

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 her 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.




NANCY O THOMAS
Director
Approved by the board on 17 August 2026

ABLECROSS LIMITED
Notes to the Accounts
for the year ended 30 June 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 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	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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			88		48


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 July 2025	30,832		57,500		88,332
	Additions	21,436		-		21,436
	At 30 June 2026	52,268		57,500		109,768

	Depreciation
	At 1 July 2025	15,692		26,429		42,121
	Charge for the year	4,482		3,171		7,653
	At 30 June 2026	20,174		45,777		65,951

	Net book value
	At 30 June 2026	32,094		11,723		43,817
	At 30 June 2025	15,140		31,071		46,211


4	Debtors			2026		2025
£					£

	Trade debtors			550,854		274,850


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

	Trade creditors			45,080		51,150
	Taxation and social security costs			46,721		29,084
	Other creditors			235,285		170,365
				327,086		250,599


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		5,673


7	Other information

	ABLECROSS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	144 Jubilee House
	3 The Drive, Great Warley
	Brentwood
	Essex
	CM13 3FR