REGISTERED NUMBER: |
Activate Business Finance Limited |
Unaudited Financial Statements |
for the Period 31 May 2023 to 31 May 2024 |
REGISTERED NUMBER: |
Activate Business Finance Limited |
Unaudited Financial Statements |
for the Period 31 May 2023 to 31 May 2024 |
Activate Business Finance Limited (Registered number: 14906869) |
Contents of the Financial Statements |
for the Period 31 May 2023 to 31 May 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Activate Business Finance Limited |
Company Information |
for the Period 31 May 2023 to 31 May 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
BUSINESS ADDRESS: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
4 Pavilion Court |
600 Pavilion Drive |
Northampton Business Park |
Northampton |
Northamptonshire |
NN4 7SL |
Activate Business Finance Limited (Registered number: 14906869) |
Balance Sheet |
31 May 2024 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
Activate Business Finance Limited (Registered number: 14906869) |
Balance Sheet - continued |
31 May 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Activate Business Finance Limited (Registered number: 14906869) |
Notes to the Financial Statements |
for the Period 31 May 2023 to 31 May 2024 |
1. | STATUTORY INFORMATION |
Activate Business Finance Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant & machinery etc | - |
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 period was |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
Additions |
At 31 May 2024 |
AMORTISATION |
Charge for period |
At 31 May 2024 |
NET BOOK VALUE |
At 31 May 2024 |
Activate Business Finance Limited (Registered number: 14906869) |
Notes to the Financial Statements - continued |
for the Period 31 May 2023 to 31 May 2024 |
5. | TANGIBLE FIXED ASSETS |
Plant & |
machinery |
etc |
£ |
COST |
Additions |
At 31 May 2024 |
DEPRECIATION |
Charge for period |
At 31 May 2024 |
NET BOOK VALUE |
At 31 May 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
A Ordinary Shares | £1 | 55 |
B Ordinary Shares | £1 | 15 |
C Ordinary Shares | £1 | 30 |
100 |
The following shares were allotted and fully paid for cash at par during the period: |
55 A Ordinary Shares shares of £1 each |
15 B Ordinary Shares shares of £1 each |
30 C Ordinary Shares shares of £1 each |