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REGISTERED NUMBER: 09921216 (England and Wales)












ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ACUITY COMMODITIES LIMITED

ACUITY COMMODITIES LIMITED (REGISTERED NUMBER: 09921216)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ACUITY COMMODITIES LIMITED

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: Ms F A Boyd
Ms F Gordon





REGISTERED OFFICE: Seven Stars House
1 Wheler Road
Coventry
CV3 4LB





REGISTERED NUMBER: 09921216 (England and Wales)






ACUITY COMMODITIES LIMITED (REGISTERED NUMBER: 09921216)

ABRIDGED BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,972 3,295

CURRENT ASSETS
Debtors 177,407 193,131
Cash at bank and in hand 179,150 240,043
356,557 433,174
CREDITORS
Amounts falling due within one year 318,782 381,624
NET CURRENT ASSETS 37,775 51,550
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,747

54,845

PROVISIONS FOR LIABILITIES 743 626
NET ASSETS 40,004 54,219

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 39,904 54,119
SHAREHOLDERS' FUNDS 40,004 54,219

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 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.

ACUITY COMMODITIES LIMITED (REGISTERED NUMBER: 09921216)

ABRIDGED BALANCE SHEET - continued
31 December 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2024 and were signed on its behalf by:





Ms F Gordon - Director


ACUITY COMMODITIES LIMITED (REGISTERED NUMBER: 09921216)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Acuity Commodities 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.

The companies trading address is 141-142 Lower Marsh Road, Waterloo, London, SE1 7EA.

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.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below.

Turnover
Turnover comprises the value of sales (net of value added tax) of services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

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 - 15% 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.

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.

ACUITY COMMODITIES LIMITED (REGISTERED NUMBER: 09921216)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 8,981
Additions 1,498
Disposals (1,470 )
At 31 December 2023 9,009
DEPRECIATION
At 1 January 2023 5,686
Charge for year 1,721
Eliminated on disposal (1,370 )
At 31 December 2023 6,037
NET BOOK VALUE
At 31 December 2023 2,972
At 31 December 2022 3,295

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 33,286 -