| Acutus Programme Management Limited |
| Registered Number:SC283864 |
For the year ended 31 March 2025
Scotland
Report of the Directors and Unaudited Financial Statements
For the year ended 31 March 2025
Acutus Programme Management Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Acutus Programme Management Limited
Statement of Financial Position
31/3/2024
31/3/2025
| Property, plant and equipment |
27,460
29,546
2
27,460
29,546
142,485
8,443
3
| Trade and other receivables |
170,411
230,539
4
696,228
| Cash and cash equivalents |
374,088
613,070
1,009,124
| Trade and other payables: amounts falling due within one year |
(382,752)
(154,128)
5
626,372
458,942
Net current assets
| Total assets less current liabilities |
486,402
655,918
486,402
Net assets
655,918
625
625
1,998
1,998
483,404
652,920
375
375
486,402
655,918
Shareholders' funds
| For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Gerald McCaffrey Director |
| These financial statements were approved and authorised for issue by the Board on 28 August 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Acutus Programme Management Limited
Notes to the Financial Statements
Statutory Information
| Acutus Programme Management Limited is a private limited company, limited by shares, domiciled in Scotland, registration |
| number SC283864. |
| Principal place of business: |
Sterling House
20 Renfield Street
Glasgow
G2 5AP
Sterling House
20 Renfield Street
Glasgow
G2 5AP
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
| Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. |
| There were no material departures from that standard. |
| The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
| assets to fair value where required. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Leasehold improvements
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Work in progress is measured at it's estimated selling price.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Financial instruments
| The Company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial |
| Instruments Issues" of FRS 102 to all of its financial instruments. |
| Financial instruments are recognised in the company's statement of financial position when the company becomes party to |
| the contractual provisions of a financial instrument. |
| Basic financial instruments, including trade and other receivables, cash and bank balances, trade and other payables, bank |
| and other loans are initially measured at transaction price and subsequently carried at amortised cost. Financial assets and |
| liabilities classified as receivable/payable within one year are not amortised. |
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For the year ended 31 March 2025
Acutus Programme Management Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
194,718
102,536
31,209
26,334
34,639
10,353
10,004
349
-
-
26,334
31,558
112,540
205,071
34,639
| Provision for depreciation and impairment |
165,172
90,793
26,232
23,398
24,749
Charge for year
12,439
7,176
1,065
734
3,464
177,611
97,969
27,297
24,132
28,213
6,426
2,202
4,261
14,571
27,460
9,890
2,936
4,977
11,743
29,546
31/3/2024
31/3/2025
8,443
142,485
| 4. Trade and other receivables |
31/3/2024
31/3/2025
213,021
146,065
17,518
24,346
170,411
230,539
| 5. Trade and other payables: amounts falling due within one year |
31/3/2024
31/3/2025
| Taxation and social security |
113,615
367,834
40,513
14,918
154,128
382,752
| 6. Related party transactions |
During the year, the Company paid dividends of £349,840.
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For the year ended 31 March 2025
Acutus Programme Management Limited
Notes to the Financial Statements Continued
| 7. Directors advances and guarantees |
| Mr Robert Burt, Mr Gerald McCaffrey, Mrs Karen Burt and Mrs Olu McCaffrey are the Company's controlling parties. |
| 8. Guarantees and other financial commitments |
| At 31 March 2025 the company had annual commitments under non-cancellable operating leases as set out below: |
31/3/2024
31/3/2025
| Operating leases which expire: |
37,250
46,765
6,495
3,761
41,011
53,260
| 9. Average number of persons employed |
During the year the average number of employees was 9 (2024 : 9)
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