1 November 2021 v2023.24.1 limited_company_frs_102_section_1a_v1_1_0 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00truexbrli:purexbrli:sharesiso4217:GBP107418072021-11-012022-10-31107418072022-10-31107418072021-10-3110741807core:WithinOneYear2022-10-3110741807core:WithinOneYear2021-10-3110741807core:ShareCapital2022-10-3110741807core:ShareCapital2021-10-3110741807core:RetainedEarningsAccumulatedLosses2021-10-3110741807bus:Director12021-11-012022-10-3110741807bus:RegisteredOffice2021-11-012022-10-3110741807core:OfficeEquipment2021-11-012022-10-3110741807core:PlantMachinery2021-11-012022-10-3110741807core:PlantMachinery2022-10-311074180712021-11-012022-10-31107418072020-11-012021-10-3110741807countries:EnglandWales2021-11-012022-10-3110741807bus:AuditExempt-NoAccountantsReport2021-11-012022-10-3110741807bus:PrivateLimitedCompanyLtd2021-11-012022-10-3110741807bus:SmallEntities2021-11-012022-10-3110741807bus:FullAccounts2021-11-012022-10-31
Company registration number:
10741807
Aczel Partners Ltd
Unaudited Filleted Financial Statements for the year ended
31 October 2022
Aczel Partners Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Aczel Partners Ltd
Year ended
31 October 2022
As described on the statement of financial position, the Board of Directors of
Aczel Partners Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 October 2022
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Aczel Partners Ltd
Statement of Financial Position
31 October 2022
20222021
Note££
Fixed assets    
Tangible assets 4
799
  -  
Current assets    
Debtors 5
55,448
 
51,738
 
Cash at bank and in hand
3,049
 
(2
)
58,497
 
51,736
 
Creditors: amounts falling due within one year 6
(59,286
)
(59,922
)
Net current liabilities
(789
)
(8,186
)
Total assets less current liabilities 10   (8,186 )
Capital and reserves    
Called up share capital
10
 
10
 
Profit and loss account -  
(8,196
)
Shareholders funds/(deficit)
10
 
(8,186
)
For the year ending
31 October 2022
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
23 October 2023
, and are signed on behalf of the board by:
Mr. D Farias Cubillos
Director
Company registration number:
10741807
Aczel Partners Ltd
Notes to the Financial Statements
Year ended
31 October 2022

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Flat 5, Madison Court 202a West Hill
,
London
,
SW15 3JA
, United Kingdom.

2 Accounting policies

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
20% straight line

3 Average number of employees

The average number of persons employed by the company during the year was Nil (2021: Nil).

4 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 November 2021
-  
Additions
889
 
At
31 October 2022
889
 
Depreciation  
At
1 November 2021
-  
Charge
90
 
At
31 October 2022
90
 
Carrying amount  
At
31 October 2022
799
 
At 31 October 2021 -  

5 Debtors

20222021
££
Other debtors
55,448
 
51,738
 

6 Creditors: amounts falling due within one year

20222021
££
Bank loans and overdrafts
37,899
 
40,000
 
Taxation and social security
138,050
 
125,170
 
Other creditors
(116,663
)
(105,248
)
59,286
 
59,922
 

7 Director's advances, credit and guarantees

During the financial year, Aczel Partners Limited made an unsecured, interest-free loan to Diego Cubillas to the value of £11,570. The Loan is repayable on demand and in full. An S455 charge has been applied against the loan.
The total value of the Director Loan at the reporting date was £117,418.