Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-3172023-04-01falseNo description of principal activity7truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11779263 2023-04-01 2024-03-31 11779263 2022-04-01 2023-03-31 11779263 2024-03-31 11779263 2023-03-31 11779263 c:Director1 2023-04-01 2024-03-31 11779263 d:ComputerEquipment 2023-04-01 2024-03-31 11779263 d:ComputerEquipment 2024-03-31 11779263 d:ComputerEquipment 2023-03-31 11779263 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11779263 d:ComputerSoftware 2024-03-31 11779263 d:ComputerSoftware 2023-03-31 11779263 d:CurrentFinancialInstruments 2024-03-31 11779263 d:CurrentFinancialInstruments 2023-03-31 11779263 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11779263 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11779263 d:ShareCapital 2024-03-31 11779263 d:ShareCapital 2023-03-31 11779263 d:RevaluationReserve 2024-03-31 11779263 d:RevaluationReserve 2023-03-31 11779263 d:RetainedEarningsAccumulatedLosses 2024-03-31 11779263 d:RetainedEarningsAccumulatedLosses 2023-03-31 11779263 c:FRS102 2023-04-01 2024-03-31 11779263 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11779263 c:FullAccounts 2023-04-01 2024-03-31 11779263 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11779263 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2023-04-01 2024-03-31 11779263 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 11779263









ACCELERA AGENCY LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ACCELERA AGENCY LTD
REGISTERED NUMBER: 11779263

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
£
£

Fixed assets

Intangible assets
340,762
121,282

Tangible fixed assets
17,226
16,892

357,988
138,174

Current assets

Debtors: amounts falling due within one year
1,716,722
1,417,778

Cash at bank and in hand
789,195
504,088

2,505,917
1,921,866

Creditors: amounts falling due within one year
(2,951,248)
(1,940,323)

Net current liabilities
 
 
(445,331)
 
 
(18,457)

Total assets less current liabilities
(87,343)
119,717


Net (liabilities)/assets
(87,343)
119,717


Capital and reserves

Called up share capital 
100
100

Revaluation reserve
8,695
8,695

Profit and loss account
(96,138)
110,922

(87,343)
119,717

Page 1

 
ACCELERA AGENCY LTD
REGISTERED NUMBER: 11779263
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 March 2025.



Marco Perotti
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ACCELERA AGENCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Accelera Agency Limited is a private company, limited by shares, registered in England and Wales, registration number 11779263. The registered office is Foundry Building, 2 Smiths Square, 77 Fulham Palace Road, London, England, W6 8AF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Intangible assets

Intangible assets acquired separately
 
Intangible assets comprise primarily of cryptocurrency and other digital assets. Intangible assets are initially recognised at cost. After recognition, under the revaluation model, intangible assets are measured at fair value at year end with reference to an active market.
 
Intangible assets consisting of cryptocurrencies and other digital assets held for investment are determined to have an indefinite useful economic life. These assets are therefore not amortised but reviews and tested for impairment on a regular basis.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
3 Years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
ACCELERA AGENCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2023 - 7).


4.


Intangible assets




Digital Assets

£



Cost


At 1 April 2023
121,282


Additions
219,480



At 31 March 2024

340,762






Net book value



At 31 March 2024
340,762



At 31 March 2023
121,282



Page 4

 
ACCELERA AGENCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2023
26,744


Additions
5,082



At 31 March 2024

31,826



Depreciation


At 1 April 2023
9,852


Charge for the year on owned assets
4,748



At 31 March 2024

14,600



Net book value



At 31 March 2024
17,226



At 31 March 2023
16,892


6.


Debtors

2024
2023
£
£


Trade debtors
1,350,239
1,002,935

Other debtors
29,513
1,500

Prepayments and accrued income
336,970
413,343

1,716,722
1,417,778



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
789,195
504,088

789,195
504,088


Page 5

 
ACCELERA AGENCY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
498,522
928,109

Corporation tax
28,745
21,997

Other creditors
-
8,621

Accruals and deferred income
2,423,981
981,596

2,951,248
1,940,323


 
Page 6