Company Registration No. 11659205 (England and Wales)
ABW (NE) Limited
Unaudited accounts
for the year ended 31 March 2026
ABW (NE) Limited
Unaudited accounts
Contents
ABW (NE) Limited
Company Information
for the year ended 31 March 2026
Directors
Brian Gibson
Daniel Gibson
Company Number
11659205 (England and Wales)
Registered Office
Suite JC5, Business & Innovation Centre
Wearfield, Sunderland Enterprise Park
Sunderland
Tyne and Wear
SR5 2TA
England
Accountants
Abacus Accounting (NE) Limited
3a Blue Sky Way
Monkton Business Park South
Hebburn
Tyne and Wear
NE31 2EQ
ABW (NE) Limited
Statement of financial position
as at 31 March 2026
Inventories
9,109,500
9,109,500
Cash at bank and in hand
145,759
146,355
Creditors: amounts falling due within one year
(129,696)
(36,179)
Net current assets
9,502,515
9,583,250
Total assets less current liabilities
9,502,715
9,584,450
Creditors: amounts falling due after more than one year
(9,024,230)
(9,228,229)
Net assets
478,485
356,221
Called up share capital
100
100
Profit and loss account
478,385
356,121
Shareholders' funds
478,485
356,221
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2026 and were signed on its behalf by
Brian Gibson
Director
Company Registration No. 11659205
ABW (NE) Limited
Notes to the Accounts
for the year ended 31 March 2026
ABW (NE) Limited is a private company, limited by shares, registered in England and Wales, registration number 11659205. The registered office is Suite JC5, Business & Innovation Centre , Wearfield, Sunderland Enterprise Park, Sunderland, Tyne and Wear, SR5 2TA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Tangible fixed assets
Computer equipment
ABW (NE) Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Trade debtors
35,316
20,875
Accrued income and prepayments
1,366
-
Other debtors
340,270
342,699
6
Creditors: amounts falling due within one year
2026
2025
Other creditors
129,696
36,179
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
6,113,059
6,113,059
Amounts owed to group undertakings and other participating interests
2,911,171
3,115,170
8
Average number of employees
During the year the average number of employees was 3 (2025: 3).