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REGISTERED NUMBER: 04478851 (England and Wales)















ACCURRO LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024






ACCURRO LIMITED (REGISTERED NUMBER: 04478851)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ACCURRO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: H F L Lees
C S Smith
D P H Keogh





SECRETARY: C S Smith





REGISTERED OFFICE: Marston House
5 Elmdon Lane
Marston Green
Solihull
West Midlands
B37 7DL





BUSINESS ADDRESS: Suite 538
The Linen Hall
162 - 168 Regent Street
London
W1B 5TF





REGISTERED NUMBER: 04478851 (England and Wales)





ACCOUNTANTS: Sephton & Company LLP
Chartered Certified Accountants
Marston House
5 Elmdon Lane
Marston Green
Solihull
West Midlands
B37 7DL

ACCURRO LIMITED (REGISTERED NUMBER: 04478851)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

31/12/24 31/12/23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 4,046 8,036
Investments 5 75 75
4,121 8,111

CURRENT ASSETS
Inventories 30,000 30,000
Debtors 6 664,966 511,096
Cash at bank 43,832 17,360
738,798 558,456
CREDITORS
Amounts falling due within one year 7 369,816 271,115
NET CURRENT ASSETS 368,982 287,341
TOTAL ASSETS LESS CURRENT
LIABILITIES

373,103

295,452

CREDITORS
Amounts falling due after more than one
year

8

102,400

68,477
NET ASSETS 270,703 226,975

CAPITAL AND RESERVES
Called up share capital 75 75
Share premium 16,791 16,791
Capital redemption reserve 45 45
Retained earnings 253,792 210,064
SHAREHOLDERS' FUNDS 270,703 226,975

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ACCURRO LIMITED (REGISTERED NUMBER: 04478851)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2025 and were signed on its behalf by:





H F L Lees - Director


ACCURRO LIMITED (REGISTERED NUMBER: 04478851)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Accurro Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost and 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

ACCURRO LIMITED (REGISTERED NUMBER: 04478851)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 15 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 January 2024 72,051 24,323 96,374
Additions 1,919 - 1,919
Disposals - (24,323 ) (24,323 )
At 31 December 2024 73,970 - 73,970
DEPRECIATION
At 1 January 2024 68,074 20,264 88,338
Charge for year 1,850 - 1,850
Eliminated on disposal - (20,264 ) (20,264 )
At 31 December 2024 69,924 - 69,924
NET BOOK VALUE
At 31 December 2024 4,046 - 4,046
At 31 December 2023 3,977 4,059 8,036

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 75
NET BOOK VALUE
At 31 December 2024 75
At 31 December 2023 75

ACCURRO LIMITED (REGISTERED NUMBER: 04478851)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. DEBTORS
31/12/24 31/12/23
£    £   
Amounts falling due within one year:
Trade debtors 547,778 397,651
Other debtors 76,407 73,662
624,185 471,313

Amounts falling due after more than one year:
Other debtors 40,781 39,783

Aggregate amounts 664,966 511,096

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans and overdrafts 52,875 30,547
Trade creditors 209,742 153,497
Taxation and social security 83,835 37,037
Other creditors 23,364 50,034
369,816 271,115

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/24 31/12/23
£    £   
Bank loans 102,400 68,477

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31/12/24 31/12/23
£    £   
Within one year 32,640 9,248
Between one and five years 48,960 -
81,600 9,248

ACCURRO LIMITED (REGISTERED NUMBER: 04478851)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


10. SECURED DEBTS

The following secured debts are included within creditors:

31/12/24 31/12/23
£    £   
Pulse Cashflow Finance - 26,929

Pulse Cashflow Finance (MK) Limited holds a debenture over the assets of the company, this was created on 09/10/2012.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31/12/24 31/12/23
£    £   
C S Smith
Balance outstanding at start of year - -
Amounts advanced 8,065 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,065 -