Registered number
10533321
Actinity Limited
Unaudited Filleted Accounts
31 December 2021
Actinity Limited
Registered number: 10533321
Balance Sheet
as at 31 December 2021
Notes 2021 2020
£ £
Fixed assets
Tangible assets 3 2,259 1,682
Current assets
Cash at bank and in hand 79,715 52,135
Creditors: amounts falling due within one year 4 (32,142) (40,162)
Net current assets 47,573 11,973
Net assets 49,832 13,655
Capital and reserves
Called up share capital 1 1
Profit and loss account 49,831 13,654
Shareholder's funds 49,832 13,655
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Kieran Richard Ashley
Director
Approved by the board on 12 August 2022
Actinity Limited
Notes to the Accounts
for the year ended 31 December 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2021 2020
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2021 2,657
Additions 979
At 31 December 2021 3,636
Depreciation
At 1 January 2021 975
Charge for the year 402
At 31 December 2021 1,377
Net book value
At 31 December 2021 2,259
At 31 December 2020 1,682
4 Creditors: amounts falling due within one year 2021 2020
£ £
Trade creditors - 11,304
Taxation and social security costs 28,035 25,269
Other creditors 4,107 3,589
32,142 40,162
5 Other information
Actinity Limited is a private company limited by shares and incorporated in England. Its registered office is:
20-22 Wenlock Road
London
N1 7GU
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