Company Registration No. 13549139 (England and Wales)
Exactitude Ltd
Unaudited accounts
for the period from 5 August 2021 to 31 August 2022
Exactitude Ltd
Unaudited accounts
Contents
Exactitude Ltd
Company Information
for the period from 5 August 2021 to 31 August 2022
Directors
Mark Hung
Megan Hung
Company Number
13549139 (England and Wales)
Registered Office
36 ARMISTICE AVENUE
SPRINGFIELD
CHELMSFORD
Essex
CM1 6AR
ENGLAND
Accountants
SilverstoneBKS Limited
127 Raphael Drive
Shoeburyness
Southend on Sea
Essex
SS3 9UR
Exactitude Ltd
Statement of financial position
as at 31 August 2022
Cash at bank and in hand
22,956
Creditors: amounts falling due within one year
(42,035)
Called up share capital
20
Profit and loss account
8,755
For the period ending 31 August 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 10 September 2022 and were signed on its behalf by
Mark Hung
Director
Company Registration No. 13549139
Exactitude Ltd
Notes to the Accounts
for the period from 5 August 2021 to 31 August 2022
Exactitude Ltd is a private company, limited by shares, registered in England and Wales, registration number 13549139. The registered office is 36 ARMISTICE AVENUE, SPRINGFIELD, CHELMSFORD, Essex, CM1 6AR, 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 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 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Computer equipment
25% Straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
2,895
1,200
4,095
At 31 August 2022
2,895
1,200
4,095
Charge for the period
301
464
765
At 31 August 2022
301
464
765
At 31 August 2022
2,594
736
3,330
Exactitude Ltd
Notes to the Accounts
for the period from 5 August 2021 to 31 August 2022
5
Debtors: amounts falling due within one year
2022
6
Creditors: amounts falling due within one year
2022
Taxes and social security
28,054
7
Average number of employees
During the period the average number of employees was 1.