ACDG UK Services Ltd 14634480 false 2023-02-02 2024-02-28 2024-02-28 The principal activity of the company is to provide environmental advice services to connected companies. Digita Accounts Production Advanced 6.30.9574.0 true true 14634480 2023-02-02 2024-02-28 14634480 2024-02-28 14634480 bus:OrdinaryShareClass1 2024-02-28 14634480 core:CurrentFinancialInstruments 2024-02-28 14634480 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-28 14634480 core:OtherRelatedParties 2024-02-28 14634480 bus:SmallEntities 2023-02-02 2024-02-28 14634480 bus:AuditExemptWithAccountantsReport 2023-02-02 2024-02-28 14634480 bus:FilletedAccounts 2023-02-02 2024-02-28 14634480 bus:SmallCompaniesRegimeForAccounts 2023-02-02 2024-02-28 14634480 bus:RegisteredOffice 2023-02-02 2024-02-28 14634480 bus:Director1 2023-02-02 2024-02-28 14634480 bus:Director4 2023-02-02 2024-02-28 14634480 bus:OrdinaryShareClass1 2023-02-02 2024-02-28 14634480 bus:PrivateLimitedCompanyLtd 2023-02-02 2024-02-28 14634480 core:OtherRelatedParties 2023-02-02 2024-02-28 14634480 countries:UnitedKingdom 2023-02-02 2024-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14634480

ACDG UK Services Ltd

Unaudited Filleted Financial Statements

for the Period from 2 February 2023 to 28 February 2024

 

ACDG UK Services Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

ACDG UK Services Ltd

Company Information

Directors

Dr Robert Morley

Mr Hannes van Eeden

Registered office

2ND Floor
5 Wigmore Street
London
London
W1U 1PB

Accountants

Charter Tax Consulting Limited
8th Floor
1 Southampton Street
London
WC2R 0LR

 

ACDG UK Services Ltd

(Registration number: 14634480)
Balance Sheet as at 28 February 2024

Note

2024
£

Current assets

 

Debtors

4

125,613

Creditors: Amounts falling due within one year

5

(120,668)

Net assets

 

4,945

Capital and reserves

 

Called up share capital

6

100

Retained earnings

4,845

Shareholders' funds

 

4,945

For the financial period ending 28 February 2024 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 accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 January 2025 and signed on its behalf by:
 


Mr Hannes van Eeden
Director

 

ACDG UK Services Ltd

Notes to the Unaudited Financial Statements for the Period from 2 February 2023 to 28 February 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
2ND Floor
5 Wigmore Street
London
London
W1U 1PB
U.K.

These financial statements were authorised for issue by the Board on 29 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

ACDG UK Services Ltd

Notes to the Unaudited Financial Statements for the Period from 2 February 2023 to 28 February 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Debtors

Current

2024
£

Other debtors

125,613

 

125,613

 

ACDG UK Services Ltd

Notes to the Unaudited Financial Statements for the Period from 2 February 2023 to 28 February 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Taxation and social security

6,141

Accruals and deferred income

6,878

Other creditors

107,649

120,668

6

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary Shares of £0.01 each

10,000

100

   

7

Related party transactions

Directors' remuneration

The directors' remuneration for the period was as follows:

2024
£

Remuneration

100,000

Loans to related parties

2024

Other related parties
£

Total
£

Advanced

107,649

107,649

At end of period

107,649

107,649