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Company Registration No. 12137192 (England and Wales)
Azured (UK) Ltd Unaudited accounts for the year ended 31 August 2024
Azured (UK) Ltd Unaudited accounts Contents
Page
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Azured (UK) Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
95,495 
95,495 
Tangible assets
6,418 
1,560 
101,913 
97,055 
Current assets
Debtors
133,544 
105,781 
Cash at bank and in hand
74,980 
37,478 
208,524 
143,259 
Creditors: amounts falling due within one year
(112,518)
(105,832)
Net current assets
96,006 
37,427 
Total assets less current liabilities
197,919 
134,482 
Creditors: amounts falling due after more than one year
(1,288)
(1,508)
Net assets
196,631 
132,974 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
196,431 
132,774 
Shareholders' funds
196,631 
132,974 
For the year ending 31 August 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by
Mr M S Ferguson Director Company Registration No. 12137192
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Azured (UK) Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Azured (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12137192. The registered office is 5 Merchant Square, London, W21AY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Azured (UK) Ltd Notes to the Accounts for the year ended 31 August 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
95,495 
At 31 August 2024
95,495 
Amortisation
At 1 September 2023
- 
At 31 August 2024
- 
Net book value
At 31 August 2024
95,495 
At 31 August 2023
95,495 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
3,921 
Additions
6,998 
At 31 August 2024
10,919 
Depreciation
At 1 September 2023
2,361 
Charge for the year
2,140 
At 31 August 2024
4,501 
Net book value
At 31 August 2024
6,418 
At 31 August 2023
1,560 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,904 
- 
Trade debtors
126,141 
102,591 
Accrued income and prepayments
3,499 
3,190 
133,544 
105,781 
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Azured (UK) Ltd Notes to the Accounts for the year ended 31 August 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
16,732 
Trade creditors
78,896 
68,250 
Taxes and social security
22,040 
9,956 
Other creditors
11,424 
- 
Loans from directors
158 
- 
Deferred income
- 
10,894 
112,518 
105,832 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
1,288 
1,508 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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