2 0 0 01/01/2023 31/12/2023 2023-12-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-01-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 14055914 2023-01-01 2023-12-31 14055914 2023-12-31 14055914 2022-12-31 14055914 2022-04-20 2022-12-31 14055914 2022-12-31 14055914 2022-04-19 14055914 bus:RegisteredOffice 2023-01-01 2023-12-31 14055914 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 14055914 bus:Director1 2023-01-01 2023-12-31 14055914 bus:Director2 2023-01-01 2023-12-31 14055914 bus:CompanySecretary1 2023-01-01 2023-12-31 14055914 core:ShareCapital 2022-04-20 2022-12-31 14055914 core:RetainedEarningsAccumulatedLosses 2022-04-20 2022-12-31 14055914 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 14055914 core:WithinOneYear 2023-12-31 14055914 core:ShareCapital 2023-12-31 14055914 core:ShareCapital 2022-12-31 14055914 core:RetainedEarningsAccumulatedLosses 2023-12-31 14055914 core:PreviouslyStatedAmount core:ShareCapital 2023-12-31 14055914 bus:SmallEntities 2023-01-01 2023-12-31 14055914 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 14055914 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 14055914 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 14055914 bus:FullAccounts 2023-01-01 2023-12-31
Company registration number: 14055914
ACTIONZERO UK LIMITED
Unaudited filleted financial statements
31 December 2023
ACTIONZERO UK LIMITED
Contents
Directors and other information
Accountants report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
ACTIONZERO UK LIMITED
Directors and other information
Directors Cormac Francis Murphy
Actionzero Escopod Limited
Secretary Cormac Francis Murphy
Company number 14055914
Registered office 3rd Floor Waverley House
7-12 Noel Street
London
United Kingdom
W1F 8GQ
Accountants ACE Accounts & Tax Limited
2 Whittle Court
Knowlhill
Milton Keynes
MK5 8FT
ACTIONZERO UK LIMITED
Report to the board of directors on the preparation of the
unaudited statutory financial statements of ACTIONZERO UK LIMITED
Year ended 31 December 2023
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 December 2023 which comprise the statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
ACE Accounts & Tax Limited
Chartered Certified Accountants
2 Whittle Court
Knowlhill
Milton Keynes
MK5 8FT
10 October 2024
ACTIONZERO UK LIMITED
Statement of financial position
31 December 2023
31/12/23 31/12/22
Note £ £ £ £
Current assets
Stocks 11,271 -
Debtors 5 352,969 1
Cash at bank and in hand 1 -
_______ _______
364,241 1
Creditors: amounts falling due
within one year 6 ( 370,059) -
_______ _______
Net current (liabilities)/assets ( 5,818) 1
_______ _______
Total assets less current liabilities ( 5,818) 1
_______ _______
Net (liabilities)/assets ( 5,818) 1
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account ( 5,819) -
_______ _______
Shareholders (deficit)/funds ( 5,818) 1
_______ _______
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 10 October 2024 , and are signed on behalf of the board by:
Cormac Francis Murphy
Director
Company registration number: 14055914
ACTIONZERO UK LIMITED
Statement of changes in equity
Year ended 31 December 2023
Called up share capital Profit and loss account Total
£ £ £
At 20 April 2022 - - -
(Loss)/profit for the year - -
_______ _______ _______
Total comprehensive income for the year - - -
Issue of shares 1 1
_______ _______ _______
Total investments by and distributions to owners 1 - 1
_______ _______ _______
At 31 December 2022 and 1 January 2023 1 - 1
(Loss)/profit for the year ( 5,819) ( 5,819)
_______ _______ _______
Total comprehensive income for the year - ( 5,819) ( 5,819)
_______ _______ _______
At 31 December 2023 1 ( 5,819) ( 5,818)
_______ _______ _______
ACTIONZERO UK LIMITED
Notes to the financial statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3rd Floor Waverley House, 7-12 Noel Street, London, United Kingdom, W1F 8GQ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company made a loss during the year and at the balance sheet date, it had net liabilities. Thecompany is reliant on the support by the directors, who have lent the company a loan.On the basis that the directors will continue to support the reporting entity for the foreseeable future,the directors consider it appropriate to prepare the financial statements on a going concern basis.The financial statements do not include any adjustments that would result from a withdrawal of the support of the directors.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
5. Debtors
31/12/23 31/12/22
£ £
Trade debtors 13,167 -
Other debtors 339,802 1
_______ _______
352,969 1
_______ _______
6. Creditors: amounts falling due within one year
31/12/23 31/12/22
£ £
Trade creditors 356,885 -
Social security and other taxes 11,674 -
Other creditors 1,500 -
_______ _______
370,059 -
_______ _______