REGISTERED NUMBER: 09190130 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2024

for

Acequare Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C C Jiang

REGISTERED OFFICE:

Office 26, Stirling House

Breasy Place

9 Burroughs Gardens

Hendon

NW4 4AU

REGISTERED NUMBER:

09190130 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,091

4,121

CURRENT ASSETS

Stocks

83,366

194,656

Debtors

5

592

592

Cash at bank

478,458

283,516

562,416

478,764

CREDITORS

Amounts falling due within one year

6

143,902

100,669

NET CURRENT ASSETS

418,514

378,095

TOTAL ASSETS LESS CURRENT LIABILITIES

421,605

382,216

CREDITORS

Amounts falling due after more than one year

7

29,413

34,257

NET ASSETS

392,192

347,959

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

392,092

347,859

SHAREHOLDERS' FUNDS

392,192

347,959

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

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

The director acknowledges his 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.

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 director and authorised for issue on 1 May 2025 and were signed by:

C C Jiang - Director

1.	STATUTORY INFORMATION

Acequare 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.

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

Turnover 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.

Plant and machinery etc

-

25% on reducing balance

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2023

and 31 August 2024

15,787

DEPRECIATION

At 1 September 2023

11,666

Charge for year

1,030

At 31 August 2024

12,696

NET BOOK VALUE

At 31 August 2024

3,091

At 31 August 2023

4,121

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Other debtors

592

592

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Trade creditors

11,160

1,064

Taxation and social security

94,897

81,689

Other creditors

37,845

17,916

143,902

100,669

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.24

31.8.23

£

£

Bank loans

29,413

34,257

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.24

31.8.23

value:

£

£

100

Ordinary

£1

100

100