Registered number
07827966
Accumen Management Ltd
Unaudited Filleted Accounts
31 October 2023
Accumen Management Ltd
Registered number: 07827966
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Current assets
Cash at bank and in hand 268 429
Creditors: amounts falling due within one year 3 (360) (1,079)
Net current liabilities (92) (650)
Total assets less current liabilities (92) (650)
Creditors: amounts falling due after more than one year 4 (91,257) (90,177)
Net liabilities (91,349) (90,827)
Capital and reserves
Called up share capital 100 100
Profit and loss account (91,449) (90,927)
Shareholder's funds (91,349) (90,827)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr. K Veksler
Director
Approved by the board on 1 October 2024
Accumen Management Ltd
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Going concern
The company has net liabilities and is therefore dependent upon the continuing support of its creditors and director. On the basis that this support is expected to continue, the accounts have been drawn up on the going concern basis.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 360 1,079
4 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors 91,257 90,177
5 Other information
Accumen Management Ltd is a private company limited by shares and incorporated in England. Its registered office is:
2 Hinksey Court
Church Way
Botley
Oxfordshire
OX2 9SX
Accumen Management Ltd 07827966 false 2022-11-01 2023-10-31 2023-10-31 VT Final Accounts July 2024 Mr. K Veksler No description of principal activity 07827966 2021-11-01 2022-10-31 07827966 core:WithinOneYear 2022-10-31 07827966 core:AfterOneYear 2022-10-31 07827966 core:ShareCapital 2022-10-31 07827966 core:RetainedEarningsAccumulatedLosses 2022-10-31 07827966 2022-11-01 2023-10-31 07827966 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 07827966 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 07827966 bus:Director40 2022-11-01 2023-10-31 07827966 2 2022-11-01 2023-10-31 07827966 countries:England 2022-11-01 2023-10-31 07827966 bus:FRS102 2022-11-01 2023-10-31 07827966 bus:FilletedAccounts 2022-11-01 2023-10-31 07827966 2023-10-31 07827966 core:WithinOneYear 2023-10-31 07827966 core:AfterOneYear 2023-10-31 07827966 core:ShareCapital 2023-10-31 07827966 core:RetainedEarningsAccumulatedLosses 2023-10-31 07827966 2022-10-31 iso4217:GBP xbrli:pure