AACCESS CORPORATION LIMITED

Company Registration Number:
02865206 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

AACCESS CORPORATION LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

AACCESS CORPORATION LIMITED

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 2,808,221 2,798,659
Investments: 4 487,443 487,443
Total fixed assets: 3,295,664 3,286,102
Current assets
Debtors:   762,221 272,717
Cash at bank and in hand: 80,467 227,820
Total current assets: 842,688 500,537
Creditors: amounts falling due within one year:   (116,687) (114,049)
Net current assets (liabilities): 726,001 386,488
Total assets less current liabilities: 4,021,665 3,672,590
Creditors: amounts falling due after more than one year:   (1,740,000) (1,740,000)
Total net assets (liabilities): 2,281,665 1,932,590
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,281,565 1,932,490
Shareholders funds: 2,281,665 1,932,590

The notes form part of these financial statements

AACCESS CORPORATION LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 February 2025
and signed on behalf of the board by:

Name: Ms A D Perera
Status: Director

The notes form part of these financial statements

AACCESS CORPORATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents rent receiv\ble for the year.

Tangible fixed assets and depreciation policy

Annual depreciation of fixture, fittings and equipment is calculated at 20% on reducing balance basis to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime.

AACCESS CORPORATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

AACCESS CORPORATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible Assets

Total
Cost £
At 01 November 2023 2,986,232
Additions 27,157
At 31 October 2024 3,013,389
Depreciation
At 01 November 2023 187,573
Charge for year 17,595
At 31 October 2024 205,168
Net book value
At 31 October 2024 2,808,221
At 31 October 2023 2,798,659

AACCESS CORPORATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Fixed investments

Shares in group undertakings at cost £487,443.