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REGISTERED NUMBER: 03887142 (England and Wales)









Financial Statements for the Year Ended 31st March 2024

for

Access 21 Ltd

Access 21 Ltd (Registered number: 03887142)

Contents of the Financial Statements
for the Year Ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Access 21 Ltd

Company Information
for the Year Ended 31st March 2024







DIRECTORS: Mrs E Brooks





SECRETARY: M Brooks





REGISTERED OFFICE: Ocean Village Innovation Centre
Ocean Way
Southampton
Hampshire
SO14 3JZ





REGISTERED NUMBER: 03887142 (England and Wales)





ACCOUNTANTS: Vitta Advisory Limited
54 Newberries Avenue
Radlett
WD7 7EP

Access 21 Ltd (Registered number: 03887142)

Balance Sheet
31st March 2024

31/3/24 31/3/23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 1,817 2,137

CURRENT ASSETS
Inventories 15,133 14,955
Debtors 5 9,124 30,049
Cash at bank and in hand 4,103 16,671
28,360 61,675
CREDITORS
Amounts falling due within one year 6 (7,020 ) (40,026 )
NET CURRENT ASSETS 21,340 21,649
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,157

23,786

CREDITORS
Amounts falling due after more than one
year

7

(20,000

)

(20,982

)
NET ASSETS 3,157 2,804

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,057 2,704
3,157 2,804

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

Access 21 Ltd (Registered number: 03887142)

Balance Sheet - continued
31st March 2024


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 Board of Directors and authorised for issue on 18th November 2024 and were signed on its behalf by:





Mrs E Brooks - Director


Access 21 Ltd (Registered number: 03887142)

Notes to the Financial Statements
for the Year Ended 31st March 2024


1. STATUTORY INFORMATION

Access 21 Ltd 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 50% on cost
Computer equipment - 15% on reducing balance

Stocks and work in progress
Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion.

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.

Access 21 Ltd (Registered number: 03887142)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024


2. ACCOUNTING POLICIES - continued

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 year was 3 (2023 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2023
and 31st March 2024 809 18,955 19,764
DEPRECIATION
At 1st April 2023 809 16,818 17,627
Charge for year - 320 320
At 31st March 2024 809 17,138 17,947
NET BOOK VALUE
At 31st March 2024 - 1,817 1,817
At 31st March 2023 - 2,137 2,137

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors - 13,099
Other debtors 9,124 16,950
9,124 30,049

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 4,242 1,022
Taxation and social security - 3,643
Other creditors 2,778 35,361
7,020 40,026

Access 21 Ltd (Registered number: 03887142)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Other creditors 20,000 20,982