Abbeyhorn Limited

Abbeyhorn Limited Accountants' Report For the year ended 31 March 2025
In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts of Abbeyhorn Limited for the year ended 31 March 2025 which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and related notes from the company's accounting records and from information and explanations you have given us. As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com. This report is made solely to the member of Abbeyhorn Limited, as a body, in accordance with the terms of our engagement letter dated 01 July 2013. Our work has been undertaken solely to prepare for your approval the accounts of Abbeyhorn Limited and state those matters that we have agreed to state to the Board of Abbeyhorn Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants and as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abbeyhorn Limited and its members as a body for our work or for this report. It is your duty to ensure that Abbeyhorn Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and Profit of Abbeyhorn Limited. You consider that Abbeyhorn Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Abbeyhorn 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 accounts. Mr Simon Waters FCCA SJW ACCOUNTANTS Casterton Suite, Clawthorpe Hall Business Centre Burton in Kendal Carnforth Lancashire LA6 1NU 13 July 2025 1

Abbeyhorn Limited
Accountants' Report
For the year ended 31 March 2025

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts of Abbeyhorn Limited for the year ended 31 March 2025 which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at

http://rulebook.accaglobal.com.

This report is made solely to the member of Abbeyhorn Limited, as a body, in accordance with the terms of our engagement letter dated 01 July 2013. Our work has been undertaken solely to prepare for your approval the accounts of Abbeyhorn Limited and state those matters that we have agreed to state to the Board of Abbeyhorn Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants and as detailed at

http://www.accaglobal.com/factsheet163.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abbeyhorn Limited and its members as a body for our work or for this report.

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

We have not been instructed to carry out an audit or a review of the accounts of Abbeyhorn 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 accounts.

Mr Simon Waters FCCA
SJW ACCOUNTANTS
Casterton Suite, Clawthorpe Hall Business Centre
Burton in Kendal
Carnforth
Lancashire
LA6 1NU
13 July 2025

Abbeyhorn Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	7,520	15,020
Tangible fixed assets	4	167,553	196,094
		175,073	211,114
Current assets
Stocks		253,918	270,740
Debtors: amounts falling due within one year		173,872	162,001
Cash at bank and in hand		215,131	157,095
		642,921	589,836
Creditors: amount falling due within one year		(122,790)	(109,676)
Net current assets		520,131	480,160

Total assets less current liabilities		695,204	691,274
Creditors: amount falling due after more than one year		(29,898)	(38,756)
Provisions for liabilities		(23,880)	(28,608)
Net assets		641,426	623,910

Capital and reserves
Called up share capital	5	80	80
Profit and loss account		641,346	623,830
Shareholders' funds		641,426	623,910

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 13 July 2025 and were signed on its behalf by:

-------------------------------
Paul Cleasby
Director

Abbeyhorn Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Abbeyhorn Limited is a private company, limited by shares, registered in England and Wales, registration number 03987514, registration address Holme Mills, Holme, Carnforth, Lancs, LA6 1RD.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Licences and patents
Licences and patents are stated at cost less amortisation. Amortisation of licences is calculated on a straight line basis over the life of the licence. Amortisation of patents is calculated on a straight line basis over the estimated expected useful economic life of the patents of years.

Computer software development costs
Development costs of computer software are capitalised once a detailed program design has been established and are amortised on a straight line basis over 5 years.

Tangible fixed assets

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:

Computer Equipment	3 Yrs Straight Line
Fixtures and Fittings	10 Yrs Straight Line
Land and Buildings	10 Yrs Straight Line
Plant and Machinery	10 Yrs Straight Line
Motor Vehicles	5 Yrs Straight Line

Inventory

Inventories 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.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 12 (2024 : 13).

Intangible fixed assets

Cost	Goodwill	Other	Total
	£	£	£
At 01 April 2024	75,000	7,500	82,500
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	75,000	7,500	82,500
Amortisation
At 01 April 2024	59,980	7,500	67,480
Charge for year	7,500	-	7,500
On disposals	-	-	-
At 31 March 2025	67,480	7,500	74,980
Net book values
At 31 March 2025	7,520	-	7,520
At 31 March 2024	15,020	-	15,020

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£	£
At 01 April 2024	173,473	105,856	97,430	27,602	5,145	409,506
Additions	-	-	-	-	1,927	1,927
Disposals	-	-	-	-	-	-
At 31 March 2025	173,473	105,856	97,430	27,602	7,072	411,433
Depreciation
At 01 April 2024	88,164	56,665	44,459	19,176	4,948	213,412
Charge for year	9,593	5,761	13,530	1,286	298	30,468
On disposals	-	-	-	-	-	-
At 31 March 2025	97,757	62,426	57,989	20,462	5,246	243,880
Net book values
Closing balance as at 31 March 2025	75,716	43,430	39,441	7,140	1,826	167,553
Opening balance as at 01 April 2024	85,309	49,191	52,971	8,426	197	196,094

Share Capital

Authorised
80 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
80 Class A shares of £1.00 each	80		80
	80		80

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)		Balance owed by/(owed to)
	2025 £	2024 £	2025 £	2024 £
MR P Cleasby	(28,378)	184	55,067	26,689
Ms T Graham	(5,245)	0	5,245	0

There is an outstanding loan to Mr P Cleasby of £55,067(£26,689 2024). This loan is on the understanding that it is repaid on demand from the company.
There was a loan made to Ms Graham during the financial year of £5245.00 ( Nil 2024). This loan is repayable on demand by the company.

7.	Controlling Parties The company's ultimate controlling party is Mr. Paul Cleasby by virtue of their interest in the share capital of the company.


Registered Number: 03987514
England and Wales
ABBEYHORN LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025