Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-317false2022-04-01No description of principal activity10truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11779263 2022-04-01 2023-03-31 11779263 2021-04-01 2022-03-31 11779263 2023-03-31 11779263 2022-03-31 11779263 c:Director1 2022-04-01 2023-03-31 11779263 d:ComputerEquipment 2022-04-01 2023-03-31 11779263 d:ComputerEquipment 2023-03-31 11779263 d:ComputerEquipment 2022-03-31 11779263 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 11779263 d:ComputerSoftware 2023-03-31 11779263 d:CurrentFinancialInstruments 2023-03-31 11779263 d:CurrentFinancialInstruments 2022-03-31 11779263 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11779263 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 11779263 d:ShareCapital 2023-03-31 11779263 d:ShareCapital 2022-03-31 11779263 d:RevaluationReserve 2023-03-31 11779263 d:RevaluationReserve 2022-03-31 11779263 d:RetainedEarningsAccumulatedLosses 2023-03-31 11779263 d:RetainedEarningsAccumulatedLosses 2022-03-31 11779263 c:FRS102 2022-04-01 2023-03-31 11779263 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 11779263 c:FullAccounts 2022-04-01 2023-03-31 11779263 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11779263 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2022-04-01 2023-03-31 11779263 e:PoundSterling 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 11779263









ACCELERA AGENCY LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
ACCELERA AGENCY LTD
REGISTERED NUMBER: 11779263

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
121,282
-

Tangible fixed assets
  
16,892
52,884

  
138,174
52,884

Current assets
  

Debtors: amounts falling due within one year
  
1,417,778
599,740

Cash at bank and in hand
  
504,088
174,582

  
1,921,866
774,322

Creditors: amounts falling due within one year
  
(1,940,323)
(640,025)

Net current (liabilities)/assets
  
 
 
(18,457)
 
 
134,297

Total assets less current liabilities
  
119,717
187,181

  

Net assets
  
119,717
187,181


Capital and reserves
  

Called up share capital 
  
100
1

Revaluation reserve
  
8,695
8,695

Profit and loss account
  
110,922
178,485

  
119,717
187,181


Page 1

 
ACCELERA AGENCY LTD
REGISTERED NUMBER: 11779263
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 March 2024.



Marco Perotti
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ACCELERA AGENCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Accelera Agency Limited is a private company, limited by shares, registered in England and Wales, registration number 11779263. The registered office is Foundry Building, 2 Smiths Square, 77 Fulham Palace Road, London, England, W6 8AF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
3 Years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
ACCELERA AGENCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2022 - 10).


4.


Intangible assets



Digital Assets

£



Cost


Additions
121,282



At 31 March 2023

121,282






Net book value



At 31 March 2023
121,282



Page 4

 
ACCELERA AGENCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2022
58,672


Additions
13,391


Reclassification
(45,319)



At 31 March 2023

26,744



Depreciation


At 1 April 2022
5,788


Charge for the year on owned assets
4,064



At 31 March 2023

9,852



Net book value



At 31 March 2023
16,892



At 31 March 2022
52,884


6.


Debtors

2023
£


Trade debtors
1,002,935

Other debtors
1,500

Prepayments and accrued income
413,343

1,417,778


Page 5

 
ACCELERA AGENCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Cash and cash equivalents

2023
£

Cash at bank and in hand
504,088

504,088



8.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
958,727

Accruals and deferred income
981,596

1,940,323


 
Page 6