ACT Blade Ltd Filleted Accounts Cover |
Company No. SC520419 | |||||||||
ACT Blade Ltd Directors Report Registrar |
The Directors present their report and the accounts for the year ended 31 March 2023. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
A. Balestra | |||||||||
L. Isolabella | |||||||||
D.W. Macvicar | |||||||||
S. Malpede | |||||||||
A. Rosiello | |||||||||
C. Rutherford | |||||||||
Signed on behalf of the board | |||||||||
A. Rosiello | |||||||||
Director | |||||||||
26 July 2023 |
ACT Blade Ltd Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2023 | 2022 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Intangible assets | 4 | |||||||||
Tangible assets | 5 | |||||||||
Investments | 6 | |||||||||
Current assets | ||||||||||
Debtors | 7 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 8 | ( | ( | |||||||
Net current assets | ||||||||||
Total assets less current liabilities | ||||||||||
Creditors: Amounts falling due after more than one year | 9 | ( | ( | |||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Share premium account | 11 | |||||||||
Profit and loss account | 11 | ( | ( | |||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 26 July 2023 | ||||||||||
And signed on its behalf by: | ||||||||||
A. Rosiello | ||||||||||
Director | ||||||||||
26 July 2023 |
ACT Blade Ltd Notes to the Accounts Registrar |
for the year ended 31 March 2023 | ||||||||||||||
1 | General information | |||||||||||||
Its registered number is: SC520419 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. | ||||||||||||||
Furniture, fittings and equipment | ||||||||||||||
3 | Employees | |||||||||||||
2023 | 2022 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Intangible fixed assets | |||||||||||||
Develop-ment costs | Total | |||||||||||||
£ | £ | |||||||||||||
Cost | ||||||||||||||
At 1 April 2022 | ||||||||||||||
Additions | ||||||||||||||
At 31 March 2023 | ||||||||||||||
Amortisation and impairment | ||||||||||||||
At 1 April 2022 | ||||||||||||||
Charge for the year | ||||||||||||||
At 31 March 2023 | ||||||||||||||
Net book values | ||||||||||||||
At 31 March 2023 | ||||||||||||||
At 31 March 2022 | ||||||||||||||
5 | Tangible fixed assets | |||||||||||||
Fixtures, fittings and equipment | Total | |||||||||||||
£ | £ | |||||||||||||
Cost or revaluation | ||||||||||||||
At 1 April 2022 | ||||||||||||||
Additions | ||||||||||||||
At 31 March 2023 | ||||||||||||||
Depreciation | ||||||||||||||
At 1 April 2022 | ||||||||||||||
Charge for the year | ||||||||||||||
At 31 March 2023 | ||||||||||||||
Net book values | ||||||||||||||
At 31 March 2023 | ||||||||||||||
At 31 March 2022 | 1,626 | |||||||||||||
6 | Investments | |||||||||||||
Other investments | Total | |||||||||||||
£ | £ | |||||||||||||
Cost or valuation | ||||||||||||||
At 1 April 2022 | ||||||||||||||
At 31 March 2023 | ||||||||||||||
Provisions/Impairment | ||||||||||||||
Net book values | ||||||||||||||
At 31 March 2023 | ||||||||||||||
At 31 March 2022 | ||||||||||||||
7 | Debtors | |||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
VAT recoverable | ||||||||||||||
Other debtors | ||||||||||||||
Prepayments and accrued income | ||||||||||||||
8 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Bank loans and overdrafts | ||||||||||||||
Trade creditors | ||||||||||||||
Taxes and social security | ||||||||||||||
Other creditors | ||||||||||||||
9 | Creditors: | |||||||||||||
amounts falling due after more than one year | ||||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Accruals and deferred income | ||||||||||||||
10 | Share Capital | |||||||||||||
208,380 ordinary shares at £0.001 each | ||||||||||||||
11 | Reserves | |||||||||||||
12 | Related party disclosures | |||||||||||||
Transactions with related parties | ||||||||||||||
Included with Other Creditors is a loan of £60,920 (2022: £60,920) from SMAR-Azure Limited. Directors, Dr. D W MacVicar, Dr. S M Malpede and Dr. A Rosiello are also directors of SMAR-Azure Limited. The loan is interest-free and repayable on demand. | ||||||||||||||