| Registered Number:03585080 |
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
ABBEYCOM LIMITED
Statement of Financial Position
2023
2024
| Property, plant and equipment |
55,724
2,948
2
55,724
2,948
| Trade and other receivables |
261,644
298,132
3
194,213
| Cash and cash equivalents |
25,941
324,073
455,857
| Trade and other payables: amounts falling due within one |
| year |
(4,216)
(24,474)
4
451,641
299,599
Net current assets
| Total assets less current liabilities |
355,323
454,589
| Trade and other payables: amounts falling due after more |
| than one year |
(54,999)
(34,999)
5
(560)
(560)
| Provisions for liabilities |
319,764
Net assets
399,030
100
100
319,664
398,930
319,764
399,030
Shareholders' funds
| For the year ended 31 October 2024 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
| each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
| 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
| statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 22 October 2025 and were signed by: |
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For the year ended 31 October 2024
ABBEYCOM LIMITED
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 31 October 2024
ABBEYCOM LIMITED
Notes to the Financial Statements
Statutory Information
| ABBEYCOM LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 03585080. |
Suite 203 Lakes Innovation Centre
Lakes Road
Braintree
Essex
CM7 3AN
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
| The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
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For the year ended 31 October 2024
ABBEYCOM LIMITED
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
59,912
25,890
34,022
58,547
57,889
658
34,680
83,779
118,459
| Provision for depreciation and impairment |
56,964
25,890
31,074
Charge for year
5,771
5,050
721
62,735
30,940
31,795
2,885
52,839
55,724
2,948
-
2,948
| 3. Trade and other receivables |
2023
2024
| Amounts owed by directors |
215,543
204,055
82,589
57,589
261,644
298,132
| 4. Trade and other payables: amounts falling due within one year |
2023
2024
13,949
1,321
| Taxation and social security |
6,120
895
| Accruals and deferred income |
4,405
2,000
24,474
4,216
| 5. Trade and other payables: amounts falling due after more than one year |
2023
2024
| Bank loans and overdraft (secured) |
34,999
54,999
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For the year ended 31 October 2024
ABBEYCOM LIMITED
Notes to the Financial Statements Continued
| 6. Related party transactions |
The company is controlled by the Director Kenny Gee who holds 100% of the voting rights of the company.
| 7. Directors advances and guarantees |
Loaned
Kenny Gee
Director Loan
215,543
204,055
11,488
215,543
204,055
11,488
| 8. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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