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REGISTERED NUMBER: 06752739 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

WE ARE ACUITY LIMITED

WE ARE ACUITY LIMITED (REGISTERED NUMBER: 06752739)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


WE ARE ACUITY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: Mr P Cronin
Mrs M Cronin





SECRETARY: Mr P Cronin





REGISTERED OFFICE: 39 The Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD18 9SB





REGISTERED NUMBER: 06752739 (England and Wales)





ACCOUNTANTS: Meades Group Limited
39 The Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD18 9SB

WE ARE ACUITY LIMITED (REGISTERED NUMBER: 06752739)

STATEMENT OF FINANCIAL POSITION
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,593 21,638

CURRENT ASSETS
Debtors 5 155,394 226,687
Cash at bank and in hand 205,881 105,977
361,275 332,664
CREDITORS
Amounts falling due within one
year

6

113,197

138,581
NET CURRENT ASSETS 248,078 194,083
TOTAL ASSETS LESS CURRENT
LIABILITIES

261,671

215,721

PROVISIONS FOR LIABILITIES 3,398 7,133
NET ASSETS 258,273 208,588

CAPITAL AND RESERVES
Called up share capital 250 250
Retained earnings 258,023 208,338
SHAREHOLDERS' FUNDS 258,273 208,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

WE ARE ACUITY LIMITED (REGISTERED NUMBER: 06752739)

STATEMENT OF FINANCIAL POSITION - continued
31ST DECEMBER 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 23rd July 2024 and were signed on its behalf by:





Mr P Cronin - Director


WE ARE ACUITY LIMITED (REGISTERED NUMBER: 06752739)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

We Are Acuity 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.

Turnover
Turnover represents amounts earned in the provision of marketing services, net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost, Straight line over 3 years and Straight line over 5 years
Motor vehicles - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 15 ) .

WE ARE ACUITY LIMITED (REGISTERED NUMBER: 06752739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1st January 2023 108,348 39,731 148,079
Disposals (74,867 ) - (74,867 )
At 31st December 2023 33,481 39,731 73,212
DEPRECIATION
At 1st January 2023 91,902 34,539 126,441
Charge for year 5,732 1,298 7,030
Eliminated on disposal (73,852 ) - (73,852 )
At 31st December 2023 23,782 35,837 59,619
NET BOOK VALUE
At 31st December 2023 9,699 3,894 13,593
At 31st December 2022 16,446 5,192 21,638

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 70,432 128,338
Other debtors 78,000 71,514
Directors' current accounts 5,462 25,909
Prepayments 1,500 926
155,394 226,687

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 20,604 5,702
Corporation tax 26,482 30,808
Social security and other taxes 6,027 18,989
Pension contributions payable 560 1,308
VAT 19,560 33,847
Credit card balances 4,017 4,913
Accruals and deferred income 35,947 43,014
113,197 138,581

WE ARE ACUITY LIMITED (REGISTERED NUMBER: 06752739)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2023 and 31st December 2022:

2023 2022
£    £   
Mr P Cronin
Balance outstanding at start of year 25,909 (624 )
Amounts advanced - 77,531
Amounts repaid (20,447 ) (50,998 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,462 25,909

The director's current account balance within the debtors of £5,462 (2022 - £25,909) , was fully repaid within 9 months of the year-end and is non-interest bearing.