Registered number
12303146
Auci Limited
Filleted Accounts
30 November 2024
Auci Limited
Registered number: 12303146
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 9,582 11,092
Current assets
Debtors 4 2,422 107,912
Cash at bank and in hand 18,732 34,801
21,154 142,713
Creditors: amounts falling due within one year 5 (30,644) (118,882)
Net current (liabilities)/assets (9,490) 23,831
Net assets 92 34,923
Capital and reserves
Called up share capital 100 100
Profit and loss account (8) 34,823
Shareholder's funds 92 34,923
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Batuala Beraud
Director
Approved by the board on 10 April 2025
Auci Limited
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% Reducing Balance
Fixtures, fittings, tools and equipment 20% Reducing Balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2023 18,108
Additions 885
At 30 November 2024 18,993
Depreciation
At 1 December 2023 7,016
Charge for the year 2,395
At 30 November 2024 9,411
Net book value
At 30 November 2024 9,582
At 30 November 2023 11,092
4 Debtors 2024 2023
£ £
Trade debtors - 86,068
Other debtors 2,422 21,844
2,422 107,912
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 25,000
Trade creditors 27,640 233
Taxation and social security costs 2,939 (276)
Other creditors 65 93,925
30,644 118,882
6 Other information
Auci Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 20, Deane House Studios
27 Greenwood Place
Kentish Town
London
NW5 1LB
Auci Limited 12303146 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts July 2024 Batuala Beraud No description of principal activity 12303146 2022-12-01 2023-11-30 12303146 core:WithinOneYear 2023-11-30 12303146 core:ShareCapital 2023-11-30 12303146 core:RetainedEarningsAccumulatedLosses 2023-11-30 12303146 2023-12-01 2024-11-30 12303146 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 12303146 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 12303146 bus:Director40 2023-12-01 2024-11-30 12303146 1 2023-12-01 2024-11-30 12303146 2 2023-12-01 2024-11-30 12303146 core:PlantMachinery 2023-12-01 2024-11-30 12303146 countries:England 2023-12-01 2024-11-30 12303146 bus:FRS102 2023-12-01 2024-11-30 12303146 bus:FilletedAccounts 2023-12-01 2024-11-30 12303146 2024-11-30 12303146 core:WithinOneYear 2024-11-30 12303146 core:ShareCapital 2024-11-30 12303146 core:RetainedEarningsAccumulatedLosses 2024-11-30 12303146 core:PlantMachinery 2024-11-30 12303146 2023-11-30 12303146 core:PlantMachinery 2023-11-30 iso4217:GBP xbrli:pure