A.B.M. Limited - Accounts to registrar (filleted) - small 18.2

A.B.M. Limited - Accounts to registrar (filleted) - small 18.2

A.B.M. LIMITED - Company Information

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REGISTERED NUMBER: 01975736 (England and Wales)















A.B.M. Limited

Unaudited Financial Statements For The Year Ended 31 March 2020





Huddart
Chartered Accountants
164 Walkden Road
Walkden
Worsley
Manchester
M28 7DP








A.B.M. Limited (Registered number: 01975736)






Contents of the Financial Statements
For The Year Ended 31 March 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.B.M. Limited

Company Information
For The Year Ended 31 March 2020







DIRECTOR: A Rogerson





SECRETARY: A Rogerson





REGISTERED OFFICE: Pitt Street
Widnes
Cheshire
WA8 0TG





REGISTERED NUMBER: 01975736 (England and Wales)





ACCOUNTANT: Huddart
Chartered Accountants
164 Walkden Road
Walkden
Worsley
Manchester
M28 7DP
Page 1
A.B.M. Limited (Registered number: 01975736)

Balance Sheet
31 March 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15 23

CURRENT ASSETS
Stocks 30,268 212,423
Debtors 5 640,267 654,876
Cash at bank 432,350 156,186
1,102,885 1,023,485
CREDITORS
Amounts falling due within one year 6 482,214 566,834
NET CURRENT ASSETS 620,671 456,651
TOTAL ASSETS LESS CURRENT
LIABILITIES
620,686
456,674

CAPITAL AND RESERVES
Called up share capital 825 1,375
Share premium 34,480 34,480
Capital redemption reserve 88,050 87,500
Retained earnings 497,331 333,319
SHAREHOLDERS' FUNDS 620,686 456,674

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The notes form part of these financial statements

Page 2 continued...
A.B.M. Limited (Registered number: 01975736)

Balance Sheet - continued
31 March 2020


The 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.

The financial statements were approved by the director and authorised for issue on 18 September 2020 and were
signed by:





A Rogerson - Director


The notes form part of these financial statements

Page 3
A.B.M. Limited (Registered number: 01975736)

Notes to the Financial Statements
For The Year Ended 31 March 2020

1. STATUTORY INFORMATION

A.B.M. 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

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on reducing balance
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete
and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of
the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2019 - 19 ) .

Page 4 continued...
A.B.M. Limited (Registered number: 01975736)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2020

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2019
and 31 March 2020 30,957
DEPRECIATION
At 1 April 2019 30,934
Charge for year 8
At 31 March 2020 30,942
NET BOOK VALUE
At 31 March 2020 15
At 31 March 2019 23

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade debtors 636,831 651,161
Other debtors 3,436 3,715
640,267 654,876

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade creditors 270,249 354,971
Taxation and social security 87,137 93,301
Other creditors 124,828 118,562
482,214 566,834

7. ULTIMATE CONTROLLING PARTY

The company is under the overall control of Mr and Mrs Rogerson.

Page 5