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REGISTERED NUMBER: 04148304 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Acutel Limited

Acutel Limited (Registered number: 04148304)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Acutel Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: A G Kraft





REGISTERED OFFICE: 2 Millbrook Close
Horam
East Sussex
TN21 0HH





REGISTERED NUMBER: 04148304 (England and Wales)





ACCOUNTANTS: Caburn Accountants Limited
Chartered Certified Accountants
First Floor,
The Estate Office
The Green, Lewes Road
Ringmer
East Sussex
BN8 5QE

Acutel Limited (Registered number: 04148304)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 898 1,449

CURRENT ASSETS
Debtors 5 4,699 5,720
Cash at bank 21,109 15,963
25,808 21,683
CREDITORS
Amounts falling due within one year 6 9,772 9,041
NET CURRENT ASSETS 16,036 12,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,934

14,091

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 16,933 14,090
SHAREHOLDERS' FUNDS 16,934 14,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 August 2024 and were signed by:





A G Kraft - Director


Acutel Limited (Registered number: 04148304)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Acutel 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 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 is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Office equipment - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

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 1 (2023 - 1 ) .

Acutel Limited (Registered number: 04148304)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and Office Computer
machinery equipment equipment Totals
£    £    £    £   
COST
At 1 February 2023
and 31 January 2024 15,375 13,253 9,009 37,637
DEPRECIATION
At 1 February 2023 15,018 12,919 8,251 36,188
Charge for year 89 83 379 551
At 31 January 2024 15,107 13,002 8,630 36,739
NET BOOK VALUE
At 31 January 2024 268 251 379 898
At 31 January 2023 357 334 758 1,449

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 4,200 -
Directors' loan accounts - 5,500
Prepayments 499 220
4,699 5,720

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 4,048 2,609
Tax 976 2,918
Social security and other taxes 2,328 1,675
Directors' current accounts 845 325
Accrued expenses 1,575 1,514
9,772 9,041

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
A G Kraft
Balance outstanding at start of year 5,500 -
Amounts advanced - 5,500
Amounts repaid (5,500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,500