IRIS Accounts Production v24.2.0.383 09047741 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090477412022-12-31090477412023-12-31090477412023-01-012023-12-31090477412021-12-31090477412022-01-012022-12-31090477412022-12-3109047741ns15:EnglandWales2023-01-012023-12-3109047741ns14:PoundSterling2023-01-012023-12-3109047741ns10:Director12023-01-012023-12-3109047741ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109047741ns10:SmallEntities2023-01-012023-12-3109047741ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3109047741ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109047741ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109047741ns10:FullAccounts2023-01-012023-12-3109047741ns10:RegisteredOffice2023-01-012023-12-3109047741ns5:CurrentFinancialInstruments2023-12-3109047741ns5:CurrentFinancialInstruments2022-12-3109047741ns5:Non-currentFinancialInstruments2023-12-3109047741ns5:Non-currentFinancialInstruments2022-12-3109047741ns5:ShareCapital2023-12-3109047741ns5:ShareCapital2022-12-3109047741ns5:RetainedEarningsAccumulatedLosses2023-12-3109047741ns5:RetainedEarningsAccumulatedLosses2022-12-3109047741ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3109047741ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 09047741 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Acclaim (UK) Limited

Acclaim (UK) Limited (Registered number: 09047741)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Acclaim (UK) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: G M Laws





REGISTERED OFFICE: Harmile House
54 St Marys Lane
Upminster
Essex
RM14 2QP





REGISTERED NUMBER: 09047741 (England and Wales)

Acclaim (UK) Limited (Registered number: 09047741)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 4 297,395 267,219
Cash at bank and in hand 2,038 2,627
299,433 269,846
CREDITORS
Amounts falling due within one year 5 271,663 241,896
NET CURRENT ASSETS 27,770 27,950
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,770

27,950

CREDITORS
Amounts falling due after more than one
year

6

15,000

25,000
NET ASSETS 12,770 2,950

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,670 2,850
SHAREHOLDERS' FUNDS 12,770 2,950

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 31 July 2024 and were signed by:




G M Laws - Director


Acclaim (UK) Limited (Registered number: 09047741)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Acclaim (UK) 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.

FINANCIAL INSTRUMENTS
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Cash and cash equivalents
These comprise cash at bank and any short term highly liquid bank deposits with an original maturity of three month or less.

Debtors
Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is evidence that the asset is impaired.

Trade creditors
Trade creditors are not interest bearing and are stated at their nominal value.

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.

Acclaim (UK) Limited (Registered number: 09047741)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 180,195 151,519
Amounts owed by group undertakings 110,000 110,000
Other debtors 7,200 5,700
297,395 267,219

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 41,062 37,315
Taxation and social security 87,650 61,619
Other creditors 132,951 132,962
271,663 241,896

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 15,000 25,000