Company Registration No. 13181326 (England and Wales)
ABX DISTRIBUTION UK LTD
Unaudited accounts
for the year ended 28 February 2023
ABX DISTRIBUTION UK LTD
Unaudited accounts
Contents
ABX DISTRIBUTION UK LTD
Company Information
for the year ended 28 February 2023
Director
Mr Andrew Mark Huddart
Company Number
13181326 (England and Wales)
Registered Office
KEMP HOUSE
160 CITY ROAD
LONDON
EC1V 2NX
ENGLAND
ABX DISTRIBUTION UK LTD
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
8,123
2,679
Creditors: amounts falling due within one year
(58,976)
(91,992)
Net current liabilities
(10,882)
(17,535)
Net liabilities
(10,882)
(17,535)
Called up share capital
100
100
Profit and loss account
(10,982)
(17,635)
Shareholders' funds
(10,882)
(17,535)
For the year ending 28 February 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 21 November 2023 and were signed on its behalf by
Mr Andrew Mark Huddart
Director
Company Registration No. 13181326
ABX DISTRIBUTION UK LTD
Notes to the Accounts
for the year ended 28 February 2023
ABX DISTRIBUTION UK LTD is a private company, limited by shares, registered in England and Wales, registration number 13181326. The registered office is KEMP HOUSE, 160 CITY ROAD, LONDON, EC1V 2NX, ENGLAND.
2
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Inventories have been valued at cost.
Amounts falling due within one year
Trade debtors
8,498
25,090
Accrued income and prepayments
5,265
-
ABX DISTRIBUTION UK LTD
Notes to the Accounts
for the year ended 28 February 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,159
-
Trade creditors
859
26,774
Other creditors
29,470
65,218
Loans from directors
14,085
-
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).