IRIS Accounts Production v23.2.0.158 11782343 Board of Directors 1.1.22 31.12.22 31.12.22 7.11.23 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure117823432021-12-31117823432022-12-31117823432022-01-012022-12-31117823432021-01-31117823432021-02-012021-12-31117823432021-12-3111782343ns16:EnglandWales2022-01-012022-12-3111782343ns15:PoundSterling2022-01-012022-12-3111782343ns11:Director12022-01-012022-12-3111782343ns11:PrivateLimitedCompanyLtd2022-01-012022-12-3111782343ns11:SmallEntities2022-01-012022-12-3111782343ns11:Audited2022-01-012022-12-3111782343ns11:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3111782343ns11:SmallCompaniesRegimeForAccounts2022-01-012022-12-3111782343ns11:FullAccounts2022-01-012022-12-3111782343ns11:OrdinaryShareClass12022-01-012022-12-3111782343ns11:Director22022-01-012022-12-3111782343ns11:RegisteredOffice2022-01-012022-12-3111782343ns6:CurrentFinancialInstruments2022-12-3111782343ns6:CurrentFinancialInstruments2021-12-3111782343ns6:ShareCapital2022-12-3111782343ns6:ShareCapital2021-12-3111782343ns6:RetainedEarningsAccumulatedLosses2022-12-3111782343ns6:RetainedEarningsAccumulatedLosses2021-12-3111782343ns6:PlantMachinery2022-01-012022-12-3111782343ns6:PlantMachinery2021-12-3111782343ns6:PlantMachinery2022-12-3111782343ns6:WithinOneYearns6:CurrentFinancialInstruments2022-12-3111782343ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3111782343ns11:OrdinaryShareClass12022-12-31
REGISTERED NUMBER: 11782343 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

ACCLIME UK LIMITED

ACCLIME UK LIMITED (REGISTERED NUMBER: 11782343)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ACCLIME UK LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2022







DIRECTORS: B A Lucas
P G E J Dixon





REGISTERED OFFICE: 10 John Street
London
WC1N 2EB





REGISTERED NUMBER: 11782343 (England and Wales)





AUDITORS: Oury Clark Chartered Accountants
Statutory Auditors
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

ACCLIME UK LIMITED (REGISTERED NUMBER: 11782343)

BALANCE SHEET
31 December 2022

31.12.22 31.12.21
Notes £    £   
CURRENT ASSETS
Debtors 5 25,862 16,174
Cash at bank 10,115 2,899
35,977 19,073
CREDITORS
Amounts falling due within one year 6 25,794 14,133
NET CURRENT ASSETS 10,183 4,940
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,183

4,940

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 10,083 4,840
SHAREHOLDERS' FUNDS 10,183 4,940

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 Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by:





P G E J Dixon - Director


ACCLIME UK LIMITED (REGISTERED NUMBER: 11782343)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Acclime UK 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.

The company has obtained a letter of support from the immediate parent company. The directors of the parent company have provided a commitment to provide any financial support which may be necessary in order for the company to meet liabilities, as they fall due, for a period in excess of 12 months and 1 day from the signing of the audit report. As a result of this commitment the directors have continued to adopt the going concern basis in preparing these financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents amounts charged to the company's parent company under a marketing agreement, excluding value added tax. Turnover is recognised when chargeable costs are incurred.

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 etc - 100% on cost

Financial instruments
Basic financial instruments as covered by Section 11 of FRS102 are measured at amortised cost. The company does not have any other financial instruments as covered by Section 12 of FRS102.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


ACCLIME UK LIMITED (REGISTERED NUMBER: 11782343)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 2 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022 946
Disposals (158 )
At 31 December 2022 788
DEPRECIATION
At 1 January 2022 946
Eliminated on disposal (158 )
At 31 December 2022 788
NET BOOK VALUE
At 31 December 2022 -

ACCLIME UK LIMITED (REGISTERED NUMBER: 11782343)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Amounts owed by group undertakings 20,624 14,413
Other debtors 5,238 1,761
25,862 16,174

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade creditors 960 1,080
Taxation and social security 2,324 287
Other creditors & accruals 22,510 12,766
25,794 14,133

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
100 Ordinary £1 100 100

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Emma Crowley (Senior Statutory Auditor)
for and on behalf of Oury Clark Chartered Accountants

We would like to draw your attention to the following statement contained within our audit report as included within the full financial statements:-
"Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed."

9. ULTIMATE PARENT COMPANY

The immediate parent company is Acclime Corporate Services Australia Pty Ltd (formerly CoSec Consulting Pty Ltd), incorporated in Australia. The locality of their registered office is Collingwood VIC 3066. The ultimate parent company is Acclime Holdings Limited, registered in the British Virgin Islands. Their registered office address is 30 De Castro Street, Road Town, BVI. There is no ultimate controlling party.