Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30falsetruetrue2023-09-12falseNo description of principal activity1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15132874 2023-09-11 15132874 2023-09-12 2024-09-30 15132874 2022-09-12 2023-09-11 15132874 2024-09-30 15132874 c:Director1 2023-09-12 2024-09-30 15132874 d:CurrentFinancialInstruments 2024-09-30 15132874 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 15132874 d:ShareCapital 2024-09-30 15132874 d:RetainedEarningsAccumulatedLosses 2024-09-30 15132874 c:OrdinaryShareClass1 2023-09-12 2024-09-30 15132874 c:OrdinaryShareClass1 2024-09-30 15132874 c:FRS102 2023-09-12 2024-09-30 15132874 c:AuditExempt-NoAccountantsReport 2023-09-12 2024-09-30 15132874 c:FullAccounts 2023-09-12 2024-09-30 15132874 c:PrivateLimitedCompanyLtd 2023-09-12 2024-09-30 15132874 e:PoundSterling 2023-09-12 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15132874









ACOTEC LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2024

 
ACOTEC LTD
REGISTERED NUMBER: 15132874

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
Note
£

  

Current assets
  

Cash at bank and in hand
  
70,817

  
70,817

Creditors: amounts falling due within one year
 4 
(23,383)

Net current assets
  
 
 
47,434

Total assets less current liabilities
  
47,434

  

Net assets
  
47,434


Capital and reserves
  

Called up share capital 
 5 
100

Profit and loss account
  
47,334

  
47,434


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 period 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 statement of income and retained earnings 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 31 March 2025.




Aidan David Cotter
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
ACOTEC LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


General information

Acotec Ltd is a private company limited by shares and registered in England & Wales.The registered office address is Unit 5, Pimento House, Number One The Parade, Cowes, Isle Of Wight, England, PO31 7QJ.
The company was incorporated on the 12 September 2023 and began trading on this date.

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.

The following principal accounting policies have been applied:

 
2.2

Going concern

Due to the ceasing of trade on 30 April 2025 and the intended strike-off, the company is no longer considered a going concern. As a result, the company’s financial statements have been prepared on a break-up basis, with assets recorded at their realisable values.

 
2.3

Currency

The company's functional and presentational currency is GBP.

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 2

 
ACOTEC LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in the statement of income and retained earnings.
The current 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 income.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees





The average monthly number of employees, including directors, during the year was 1.


4.


Creditors: Amounts falling due within one year

2024
£

Taxation and social security
11,765

Other creditors
6,618

Accruals and deferred income
5,000

23,383



5.


Share capital

2024
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


On Incorporation, the company allotted 100 ordinary shares of £1 each for cash at par.

 
Page 3