ACCOUNTS - Final Accounts preparation

Registered number: 03291183

	UNAUDITED DIRECTOR'S REPORT AND FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JANUARY 2026

	ABBEYSTREET LIMITED


ABBEYSTREET LIMITED

COMPANY INFORMATION

Director	Robert James Dobbs (appointed 3 January 1997)


Registered number	03291183


Registered office	Brynhyfryd
	Crescent Road
	Caerphilly
	Mid Glamorgan
	CF83 1AB


Accountants	Menzies LLP
	Chartered Accountants
	5th Floor Hodge House
	114-116 St Mary Street
	Cardiff
	CF10 1DY


ABBEYSTREET LIMITED

CONTENTS

	Page
Director's report	1
Accountants' report	2
Statement of comprehensive income	3
Balance sheet	4 - 5
Notes to the financial statements	6 - 10


ABBEYSTREET LIMITED

DIRECTOR'S REPORT

FOR THE YEAR ENDED 31 JANUARY 2026

The director presents his report and the financial statements for the year ended 31 January 2026.

Principal Activity
The principal activity of the company in the year under review was that of Information Technology Consultancy Services.

Director

The director who served during the year was:

Robert James Dobbs (appointed 3 January 1997)

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf.

................................................

Robert James Dobbs

Director

Date: 8 October 2026

Page 1


ABBEYSTREET LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ABBEYSTREET LIMITED
FOR THE YEAR ENDED 31 JANUARY 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Abbeystreet Limited for the year ended 31 January 2026 which comprise the Statement of comprehensive income, the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.

As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at:www.icaew.com/regulation.

This report is made solely to the director of Abbeystreet Limited in accordance with the terms of our engagement letter dated 19th August 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Abbeystreet Limited and state those matters that we have agreed to state to the director of Abbeystreet Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abbeystreet Limited and its director for our work or for this report.

It is your duty to ensure that Abbeystreet Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit. You consider that Abbeystreet Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Abbeystreet Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

$AccRepSigner

Menzies LLP

Chartered Accountants

5th Floor Hodge House

114-116 St Mary Street

Cardiff

CF10 1DY

8 October 2026

$AccRepSignerDate

Page 2


ABBEYSTREET LIMITED

STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 JANUARY 2026

	2026	2025
Note	£	£


Turnover	73,205	142,609
Gross profit	73,205	142,609
Administrative expenses	(55,277)	(142,745)
Operating profit/(loss)	17,928	(136)
Interest receivable and similar income	414	737
Profit before tax	18,342	601
Tax on profit	(3,493)	(249)
Profit for the financial year	14,849	352

Other comprehensive income for the year
Total comprehensive income for the year		14,849	352

The notes on pages 6 to 10 form part of these financial statements.

Page 3


ABBEYSTREET LIMITED REGISTERED NUMBER:03291183

BALANCE SHEET

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		3,656		2,583
			3,656		2,583
Current assets
Debtors	5	9,681		29,379
Cash at bank and in hand	6	41,452		36,336
		51,133		65,715
Creditors: amounts falling due within one year	7	(6,077)		(14,584)
Net current assets			45,056		51,131
Total assets less current liabilities			48,712		53,714
Provisions for liabilities
Deferred tax		(640)		(491)
			(640)		(491)
Net assets			48,072		53,223

Capital and reserves
Called up share capital	9	100	100
Profit and loss account		47,972	53,123
		48,072	53,223

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Robert James Dobbs

Director

Date: 8 October 2026

The notes on pages 6 to 10 form part of these financial statements.

Page 4


ABBEYSTREET LIMITED REGISTERED NUMBER:03291183

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2026

Page 5


ABBEYSTREET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

General information
Abbeystreet 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

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 6


ABBEYSTREET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

				Plant and machinery	-	15%
				Computer equipment	-	15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 7


ABBEYSTREET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2025 - 2).

Page 8


ABBEYSTREET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

4.	Tangible fixed assets

	Plant and machinery	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 February 2025	1,921	8,402	10,323
Additions	-	1,605	1,605
At 31 January 2026	1,921	10,007	11,928
Depreciation
At 1 February 2025	1,533	6,207	7,740
Charge for the year on owned assets	38	494	532
At 31 January 2026	1,571	6,701	8,272
Net book value
At 31 January 2026	350	3,306	3,656
At 31 January 2025	388	2,195	2,583

Debtors

					2026	2025
					£	£



Trade debtors	-	13,867
Other debtors	9,394	15,132
Prepayments and accrued income	287	380
	9,681	29,379

6.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	41,452	36,336
	41,452	36,336

Page 9


ABBEYSTREET LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

7.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Corporation tax	3,365	240
Other taxation and social security	490	12,149
Other creditors	10	-
Accruals and deferred income	2,212	2,195
	6,077	14,584

8.	Provisions

		Deferred tax
		£

	At 1 February 2025	491
	Charged to profit or loss	149
	At 31 January 2026	640

9.	Share capital
		2026	2025
		£	£

Authorised, allotted, called up and fully paid

100 (2025 - 100) Ordinary shares of £1.00 each	100	100

10.	Transactions with directors
		2026	2025
		£	£

Robert Dobbs
Balance brought forward	13,989	16,517
Amounts advanced	18,621	54,287
Amounts repaid	(23,400)	(56,815)
Balance carried forward	9,210	13,989

Page 10