IRIS Accounts Production v23.4.0.336 09470037 Board of Directors Board of Directors 1.4.22 30.9.23 30.9.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure094700372022-03-31094700372023-09-30094700372022-04-012023-09-30094700372021-03-31094700372021-04-012022-03-31094700372022-03-3109470037ns16:EnglandWales2022-04-012023-09-3009470037ns15:PoundSterling2022-04-012023-09-3009470037ns11:Director12022-04-012023-09-3009470037ns11:Director22022-04-012023-09-3009470037ns11:PrivateLimitedCompanyLtd2022-04-012023-09-3009470037ns11:SmallEntities2022-04-012023-09-3009470037ns11:AuditExempt-NoAccountantsReport2022-04-012023-09-3009470037ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-09-3009470037ns11:SmallCompaniesRegimeForAccounts2022-04-012023-09-3009470037ns11:FullAccounts2022-04-012023-09-300947003712022-04-012023-09-3009470037ns11:OrdinaryShareClass12022-04-012023-09-3009470037ns11:RegisteredOffice2022-04-012023-09-3009470037ns6:CurrentFinancialInstruments2023-09-3009470037ns6:CurrentFinancialInstruments2022-03-3109470037ns6:ShareCapital2023-09-3009470037ns6:ShareCapital2022-03-3109470037ns6:RevaluationReserve2023-09-3009470037ns6:RevaluationReserve2022-03-3109470037ns6:RetainedEarningsAccumulatedLosses2023-09-3009470037ns6:RetainedEarningsAccumulatedLosses2022-03-3109470037ns6:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-04-012023-09-3009470037ns6:IntangibleAssetsOtherThanGoodwill2022-03-3109470037ns6:IntangibleAssetsOtherThanGoodwill2023-09-3009470037ns6:IntangibleAssetsOtherThanGoodwill2022-03-3109470037ns6:WithinOneYearns6:CurrentFinancialInstruments2023-09-3009470037ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3109470037ns11:OrdinaryShareClass12023-09-3009470037ns6:RevaluationReserve2022-03-31094700372ns11:Director22022-03-31094700372ns11:Director22021-03-31094700372ns11:Director22022-04-012023-09-30094700372ns11:Director22021-04-012022-03-31094700372ns11:Director22023-09-30094700372ns11:Director22022-03-3109470037ns11:Director112022-03-3109470037ns11:Director112021-03-3109470037ns11:Director112022-04-012023-09-3009470037ns11:Director112021-04-012022-03-3109470037ns11:Director112023-09-3009470037ns11:Director112022-03-31
REGISTERED NUMBER: 09470037 (England and Wales)














Financial Statements

for the Period

1 April 2022 to 30 September 2023

for

Acti Consulting Limited

Acti Consulting Limited (Registered number: 09470037)

Contents of the Financial Statements
for the Period 1 April 2022 to 30 September 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Acti Consulting Limited

Company Information
for the Period 1 April 2022 to 30 September 2023







DIRECTORS: A C Brunskill
F Bouaziz





REGISTERED OFFICE: 15 Felsham Road
London
SW15 1AZ





REGISTERED NUMBER: 09470037 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

Acti Consulting Limited (Registered number: 09470037)

Balance Sheet
30 September 2023

30.9.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 805,000 805,000

CURRENT ASSETS
Debtors 5 11,229 399,258
Cash at bank 50,264 23,092
61,493 422,350
CREDITORS
Amounts falling due within one year 6 57,329 95,940
NET CURRENT ASSETS 4,164 326,410
TOTAL ASSETS LESS CURRENT LIABILITIES 809,164 1,131,410

CAPITAL AND RESERVES
Called up share capital 7 100 3
Revaluation reserve 8 680,225 680,225
Retained earnings 128,839 451,182
SHAREHOLDERS' FUNDS 809,164 1,131,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Acti Consulting Limited (Registered number: 09470037)

Balance Sheet - continued
30 September 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2024 and were signed on its behalf by:




F Bouaziz - Director



A C Brunskill - Director


Acti Consulting Limited (Registered number: 09470037)

Notes to the Financial Statements
for the Period 1 April 2022 to 30 September 2023


1. STATUTORY INFORMATION

Acti Consulting 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the fair value of services provided under contracts with customers to the extent that there is a right to consideration. It is measured at the fair value of the consideration due.

Intangible asset
The intangible asset reflects the costs of developing actuarial modelling tools. The asset is now fully developed and available for use. The company expects to generate future economic benefit from the asset and can demonstrate the existence of a market for the output.

Initially recognised at cost, the asset has since been measured under the revaluation model at a value the directors consider to be reflective of its fair value.

Revaluations shall be made on a regular basis, at least annually, to ensure the carrying amount does not differ materially from that which would be determined using fair value at the end of any reporting period.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

Acti Consulting Limited (Registered number: 09470037)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 September 2023


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST OR VALUATION
At 1 April 2022
and 30 September 2023 838,500
AMORTISATION
At 1 April 2022
and 30 September 2023 33,500
NET BOOK VALUE
At 30 September 2023 805,000
At 31 March 2022 805,000

Cost or valuation at 30 September 2023 is represented by:

Other
intangible
assets
£   
Valuation in 2017 738,500
Valuation in 2021 100,000
838,500

Development costs were valued by the directors on 31 March 2021.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 31.3.22
£    £   
Trade debtors - 22,750
Other debtors 11,229 376,508
11,229 399,258

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 31.3.22
£    £   
Trade creditors - 2,000
Taxation and social security 71 1,381
Other creditors 57,258 92,559
57,329 95,940

Acti Consulting Limited (Registered number: 09470037)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 September 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 31.3.22
value: £    £   
3 Ordinary £1 100 3

8. RESERVES
Revaluation
reserve
£   
At 1 April 2022
and 30 September 2023 680,225

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 September 2023 and the year ended 31 March 2022:

30.9.23 31.3.22
£    £   
A C Brunskill
Balance outstanding at start of period 115 115
Amounts repaid (115 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 115

F Bouaziz
Balance outstanding at start of period 1 1
Amounts repaid (1 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 1

The directors loan accounts are provided interest free and are repayable on demand.