Company Registration No. 06754730 (England and Wales)
ABACUS TRAINING GROUP LIMITED
Unaudited accounts
for the year ended 31 July 2023
ABACUS TRAINING GROUP LIMITED
Unaudited accounts
Contents
ABACUS TRAINING GROUP LIMITED
Company Information
for the year ended 31 July 2023
Company Number
06754730 (England and Wales)
Registered Office
The Tannery
Kirkstall Road
Leeds
LS3 1HS
Accountants
Cloud Genie Ltd
The Tannery
Kirkstall Road
Leeds
LS3 1HS
ABACUS TRAINING GROUP LIMITED
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
92,618
93,766
Creditors: amounts falling due within one year
(15,868)
(34,440)
Net current assets
95,469
70,911
Called up share capital
13,800
13,800
Profit and loss account
83,448
57,731
Shareholders' funds
97,248
71,531
For the year ending 31 July 2023 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 director acknowledges his 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 and authorised for issue on 13 March 2024 and were signed on its behalf by
John Fields
Director
Company Registration No. 06754730
ABACUS TRAINING GROUP LIMITED
Notes to the Accounts
for the year ended 31 July 2023
ABACUS TRAINING GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06754730. The registered office is The Tannery, Kirkstall Road, Leeds, LS3 1HS.
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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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% straight line
Plant & machinery
25% straight line
Fixtures & fittings
25% straight line
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2022
242
687
929
At 31 July 2023
1,020
1,500
2,520
At 1 August 2022
40
269
309
Charge for the year
146
286
432
At 31 July 2023
186
555
741
At 31 July 2023
834
945
1,779
At 31 July 2022
202
418
620
ABACUS TRAINING GROUP LIMITED
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
12,356
2,219
Accrued income and prepayments
1,997
6,102
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
5,722
20,100
Taxes and social security
6,863
4,683
Allotted, called up and fully paid:
13,800 Ordinary shares of £1 each
13,800
13,800
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Average number of employees
During the year the average number of employees was 1 (2022: 1).
