A.B.M. Limited - Accounts to registrar (filleted) - small 22.3

A.B.M. Limited - Accounts to registrar (filleted) - small 22.3

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 2022





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 2022




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 2022







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 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,999 13,333

CURRENT ASSETS
Stocks 485,669 268,389
Debtors 5 545,236 657,797
Cash at bank 164,789 689,172
1,195,694 1,615,358
CREDITORS
Amounts falling due within one year 6 354,077 337,416
NET CURRENT ASSETS 841,617 1,277,942
TOTAL ASSETS LESS CURRENT
LIABILITIES
851,616
1,291,275

CREDITORS
Amounts falling due after more than one
year
7
6,746
496,114
NET ASSETS 844,870 795,161

The notes form part of these financial statements

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

Balance Sheet - continued
31 March 2022

2022 2021
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 825 825
Share premium 34,480 34,480
Capital redemption reserve 88,050 88,050
Retained earnings 721,515 671,806
SHAREHOLDERS' FUNDS 844,870 795,161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 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 17 May 2022 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 2022

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 15 (2021 - 15 ) .

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

Notes to the Financial Statements - continued
For The Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021
and 31 March 2022 46,956
DEPRECIATION
At 1 April 2021 33,623
Charge for year 3,334
At 31 March 2022 36,957
NET BOOK VALUE
At 31 March 2022 9,999
At 31 March 2021 13,333

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 515,573 572,593
Other debtors 29,663 85,204
545,236 657,797

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 9 13,889
Hire purchase contracts 4,099 4,099
Trade creditors 228,487 211,412
Taxation and social security 82,406 72,354
Other creditors 39,076 35,662
354,077 337,416

Page 5 continued...
A.B.M. Limited (Registered number: 01975736)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2022 2021
£    £   
Bank loans - 486,111
Hire purchase contracts 6,746 10,003
6,746 496,114

8. ULTIMATE CONTROLLING PARTY

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

Page 6