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Company Registration No. 11742103 (England and Wales)
ACCOUNTAE LTD Unaudited accounts for the year ended 31 December 2023
ACCOUNTAE LTD Unaudited accounts Contents
Page
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ACCOUNTAE LTD Company Information for the year ended 31 December 2023
Directors
Mamadou Diallo Thierno Ismael Bah Tae Sigauke Mamadou Rassoun Bah
Company Number
11742103 (England and Wales)
Registered Office
UNION HOUSE 111 NEW UNION STREET COVENTRY CV1 2NT ENGLAND
Accountants
Accountae Ltd Union House 111 New Union Street Coventry CV1 2NT
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ACCOUNTAE LTD for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ACCOUNTAE LTD for the year ended 31 December 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
This report is made solely to the Board of Directors of ACCOUNTAE LTD, as a body, in accordance with the terms of our engagement letter dated 19 September 2021. Our work has been undertaken solely to prepare for your approval the accounts of ACCOUNTAE LTD and state those matters that we have agreed to state to the Board of Directors of ACCOUNTAE LTD, as a body, in this report 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. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ACCOUNTAE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ACCOUNTAE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ACCOUNTAE LTD. You consider that ACCOUNTAE LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of ACCOUNTAE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accountae Ltd Chartered Certified Accountants Union House 111 New Union Street Coventry CV1 2NT 10 February 2024
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ACCOUNTAE LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
759 
400 
Investments
3,771 
1,062 
4,530 
1,462 
Current assets
Debtors
17,783 
10,421 
Cash at bank and in hand
2,383 
2,977 
20,166 
13,398 
Creditors: amounts falling due within one year
(1,080)
(1,080)
Net current assets
19,086 
12,318 
Total assets less current liabilities
23,616 
13,780 
Creditors: amounts falling due after more than one year
(2,268)
(2,348)
Net assets
21,348 
11,432 
Capital and reserves
Profit and loss account
21,348 
11,432 
Shareholders' funds
21,348 
11,432 
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 10 February 2024 and were signed on its behalf by
Mamadou Diallo Director Company Registration No. 11742103
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ACCOUNTAE LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
ACCOUNTAE LTD is a private company, limited by shares, registered in England and Wales, registration number 11742103. The registered office is UNION HOUSE, 111 NEW UNION STREET, COVENTRY, CV1 2NT, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Investments
Investments in shares and digital assets are included at fair value.
Tangible fixed assets and depreciation
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: 5
Computer equipment
Laptop
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
500 
Additions
549 
At 31 December 2023
1,049 
Depreciation
At 1 January 2023
100 
Charge for the year
190 
At 31 December 2023
290 
Net book value
At 31 December 2023
759 
At 31 December 2022
400 
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ACCOUNTAE LTD Notes to the Accounts for the year ended 31 December 2023
5
Investments
Other investments 
£ 
Valuation at 1 January 2023
1,062 
Fair value adjustments
2,709 
Valuation at 31 December 2023
3,771 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,515 
3,615 
Accrued income and prepayments
5,000 
- 
Other debtors
8,888 
6,806 
17,403 
10,421 
Amounts falling due after more than one year
Accrued income and prepayments
380 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,080 
1,080 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,268 
2,348 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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