Abington Lea Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08877122 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

FOR

ABINGTON LEA LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A D Gadney

D Sturdy

REGISTERED OFFICE:

12 Bulstrode Gardens

Cambridge

CB3 0EN

REGISTERED NUMBER:

08877122 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

258,427

252,358

CURRENT ASSETS

Debtors

6

-

6,140

Cash at bank

1,116

639

1,116

6,779

CREDITORS

Amounts falling due within one year

7

(359

)

(260,638

)

NET CURRENT ASSETS/(LIABILITIES)

757

(253,859

)

TOTAL ASSETS LESS CURRENT LIABILITIES

259,184

(1,501

)

CREDITORS

Amounts falling due after more than one year

8

(260,219

)

-

NET LIABILITIES

(1,035

)

(1,501

)

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

(1,036

)

(1,502

)

SHAREHOLDERS' FUNDS

(1,035

)

(1,501

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 August 2022 and were signed on its behalf by:

A D Gadney - Director

1.	STATUTORY INFORMATION

Abington Lea Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

At the balance sheet date liabilities exceeded assets by £1,035 (2021: £1,501). The financial statements have been prepared on a going concern basis as the company continues to receive the support of the director where required to ensure it meets all liabilities as they fall due.

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.

Land and buildings

-

Land - Not depreciated

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

5.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 March 2021

252,358

Additions

6,069

At 28 February 2022

258,427

NET BOOK VALUE

At 28 February 2022

258,427

At 28 February 2021

252,358

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

-

6,140

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other creditors

359

260,638

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Other creditors

260,219

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

100

Ordinary

1p

1

1

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the amount of £154,994 (2021: £160,218) was owed to the directors. This amount bears no interest, has no fixed date of repayment and is disclosed within other creditors due in more than one year.

At the balance sheet date the company owed £105,225 (2021: £100,000) to a company controlled by a director. The amount bears no interest, has no fixed date of repayment and is disclosed within other creditors due in more than one year.