ABK Plastering and Partitions Limited

Registered number

04444902

Filleted Accounts

31 March 2026

ABK Plastering and Partitions Limited
Registered number:		04444902
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		35,200			47,199

Current assets
Debtors	4	169,961			187,597
Cash at bank and in hand		106,086			71,877
		276,047			259,474

Creditors: amounts falling due within one year	5	(204,441)			(160,490)

Net current assets			71,606			98,984

Total assets less current liabilities			106,806			146,183

Creditors: amounts falling due after more than one year	6		-			(8,555)

Provisions for liabilities			(8,527)			(11,459)


Net assets			98,279			126,169

Capital and reserves
Called up share capital			2			2
Profit and loss account			98,277			126,167

Shareholders' funds			98,279			126,169

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.



A Greenwood
Director
Approved by the board on 22 September 2026

ABK Plastering and Partitions 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 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 over its expected useful life, as follows:

	Equipment			over 5 years
	Computer equipment			over 4 years
	Motor vehicles			25% reducing balance
	Garden office			over 10 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.

	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.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					3		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	2,725		31,176		73,200		107,101
	At 31 March 2026	2,725		31,176		73,200		107,101

	Depreciation
	At 1 April 2025	1,360		30,031		28,511		59,902
	Charge for the year	272		555		11,172		11,999
	At 31 March 2026	1,632		30,586		39,683		71,901

	Net book value
	At 31 March 2026	1,093		590		33,517		35,200
	At 31 March 2025	1,365		1,145		44,689		47,199


4	Debtors					2026		2025
£							£

	Trade debtors					138,927		158,864
	Other debtors					31,034		28,733
						169,961		187,597


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

	Obligations under finance lease and hire purchase contracts					-		4,667
	Trade creditors					120,514		89,754
	Taxation and social security costs					82,097		64,289
	Other creditors					1,830		1,780
						204,441		160,490


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

	Obligations under finance lease and hire purchase contracts					-		8,555


7	Controlling party

	The company was under the control of Mr and Mrs A Greenwood throughout the year. Mr and Mrs Greenwood are the company's directors and hold 100% of the issued share capital of the company's holding company ABK Holdings Limited.


8	Other information

	ABK Plastering and Partitions Limited is a private company limited by shares and incorporated in England. Its registered office is:
	39 Tamworth Road
	Lichfield
	Staffs
	WS14 9EY