ACCURATE ACCOUNTING SOLUTIONS LIMITED

Company Registration Number:
06739562 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Irina MATVIEVSKAIA
Registered office: 187
High Road
Leyton
London
E15 2BY
Company Registration Number: 06739562 (England and Wales)

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

Bookkeeping activities

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Irina MATVIEVSKAIA

This report was approved by the board of directors on 22 December 2023
And Signed On Behalf Of The Board By:

Name: Irina MATVIEVSKAIA
Status: Director

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Turnover 32,794 31,284
Gross Profit or (Loss) 32,794 31,284
Administrative Expenses ( 29,696 ) ( 27,908 )
Operating Profit or (Loss) 3,098 3,376
Interest Payable and Similar Charges ( 198 ) ( 186 )
Profit or (Loss) Before Tax 2,900 3,190
Tax on Profit - ( 38 )
Profit or (Loss) for Period 2,900 3,152

The notes form part of these financial statements

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 2,089 24
Total fixed assets: 2,089 24
Current assets
Debtors: 6 2,975 7,399
Cash at bank and in hand: 1,319 1,054
Total current assets: 4,294 8,453
Creditors: amounts falling due within one year: 7 ( 3,076 ) ( 4,062 )
Net current assets (liabilities): 1,218 4,391
Total assets less current liabilities: 3,307 4,415
Creditors: amounts falling due after more than one year: 8 ( 3,567 ) ( 4,675 )
Accruals and deferred income: ( 719 ) ( 719 )
Total net assets (liabilities): ( 979 ) ( 979 )

The notes form part of these financial statements

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 1,079 ) ( 1,079 )
Shareholders funds: ( 979 ) ( 979 )

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 22 December 2023
And Signed On Behalf Of The Board By:

Name: Irina MATVIEVSKAIA
Status: Director

The notes form part of these financial statements

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    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% on Cost
    - Computer equipment 18% on Cost

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Dividends


2023
£

2022
£
Dividends paid 2,900 0

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 April 2022 - 874 874
Additions 2,785 - 2,785
Disposals - ( 874 ) ( 874 )
Revaluations - - -
Transfers - - -
At 31 March 2023 2,785 0 2,785
Depreciation
At 01 April 2022 - 850 850
Charge for year 696 - 696
On disposals - ( 850 ) ( 850 )
Other adjustments - - -
At 31 March 2023 696 0 696
Net book value
At 31 March 2023 2,089 0 2,089
At 31 March 2022 - 24 24

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Debtors


2023
£

2022
£
Trade debtors 1,017 928
Other debtors 1,958 6,471
Total 2,975 7,399

Other Debtors comprise of:
- Tax Refundable under Section S455 - £1,958 (2022 - £1,958)
- Loan to Participants - £0 (2022 - £4,513). The loan to the participants was fully repaid during the year to 31 March 2023

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 475 615
Taxation and social security 2,332 3,447
Other creditors 269
Total 3,076 4,062

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 3,567 4,675
Total 3,567 4,675

ACCURATE ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

9.1. Loans to Directors

Name of director receiving advance or credit: Irina MATVIEVSKAIA
Description of the transaction:
The lolan to the participants was fully repaid during the year to 31 March 2023
Balance at 01 April 2022 4,513
Advances or credits repaid: 4,513
Balance at 31 March 2023 0

Loan the director brought forward on 1 April 2023 of £4,513 was fully repaid during the year to 31 March 2023. No other loan was issued.