Company Registration No. 11732071 (England and Wales)
Acumulo Ltd
Unaudited accounts
for the year ended 28 February 2023
Acumulo Ltd
Unaudited accounts
Contents
Acumulo Ltd
Company Information
for the year ended 28 February 2023
Company Number
11732071 (England and Wales)
Registered Office
Suite B, Fairgate House
205 Kings Road
Tyseley, Birmingham
England
B11 2AA
Accountants
Acumulo Ltd
Suite B, Fairgate House
205 Kings Road
Tyseley, Birmingham
B11 2AA
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Acumulo Ltd
for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Acumulo Ltd for the year ended
28 February 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Acumulo Ltd
Chartered Certified Accountants
Suite B, Fairgate House
205 Kings Road
Tyseley, Birmingham
B11 2AA
23 November 2023
Acumulo Ltd
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
34,891
5,699
Creditors: amounts falling due within one year
(1,210)
(9,125)
Net current assets
33,801
47,928
Total assets less current liabilities
33,801
47,928
Creditors: amounts falling due after more than one year
(81,183)
(46,753)
Net (liabilities)/assets
(47,382)
1,175
Called up share capital
100
100
Profit and loss account
(47,482)
1,075
Shareholders' funds
(47,382)
1,175
For the year ending 28 February 2023 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 director acknowledges his 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 and authorised for issue on 23 November 2023 and were signed on its behalf by
Imran Anjum
Director
Company Registration No. 11732071
Acumulo Ltd
Notes to the Accounts
for the year ended 28 February 2023
Acumulo Ltd is a private company, limited by shares, registered in England and Wales, registration number 11732071. The registered office is Suite B, Fairgate House, 205 Kings Road, Tyseley, Birmingham, England, B11 2AA. The company is in the process of being wound up.
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 remained unchanged from the previous year, and also 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.
4
Investments
Other investments
Valuation at 1 March 2022
-
Fair value adjustments
(46,277)
Valuation at 28 February 2023
-
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,210
2,985
Taxes and social security
-
113
Acumulo Ltd
Notes to the Accounts
for the year ended 28 February 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
34,010
-
8
Average number of employees
During the year the average number of employees was 1 (2022: 2).