Acime UK Limited - Filleted accounts

Registered number

08316151

Acime UK Limited

Filleted Accounts

31 December 2024

Acime UK Limited
Registered number:		08316151
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	9		29,605			7,609
			29,605			7,609

Current assets
Debtors	10	342,634			203,002
Cash at bank and in hand		17,038			27,305
		359,672			230,307

Creditors: amounts falling due within one year	11	(501,917)			(346,577)

Net current liabilities			(142,245)			(116,270)

Total assets less current liabilities			(112,640)			(108,661)

Creditors: amounts falling due after more than one year			-			-

Net liabilities			(112,640)			(108,661)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(112,641)			(108,662)

Shareholder's funds			(112,640)			(108,661)

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.

Mr Herve Dubly
Director
Approved by the board on 5 June 2025

Acime UK Limited
Notes to the Accounts
for the year ended 31 December 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.

2	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			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

3	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.

4	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.

5	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.

6	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

7	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.


8	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


9	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2024	-		-		49,633		49,633
	Additions	-		-		27,495		27,495
	Surplus on revaluation	-		-		-		-
	Disposals	-		-		-		-
	At 31 December 2024	-		-		77,128		77,128

	Depreciation
	At 1 January 2024	-		-		42,024		42,024
	Charge for the year	-		-		5,499		5,499
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 31 December 2024	-		-		47,523		47,523

	Net book value
	At 31 December 2024	-		-		29,605		29,605
	At 31 December 2023	-		-		7,609		7,609


10	Debtors					2024		2023
£							£
	Trade debtors					127,725		139,907
	Customs debtor					448		37,008
	VAT debtor					5,437
	Sales Commissions & Mktg Fees (France)					182,937
	Sales Commissions & Mktg Fees (France)
	Other debtors					26,087		26,087
						342,634		203,002

	Amounts due after more than one year included above					26,087		-


11	Creditors: amounts falling due within one year					2024		2023
£							£

	Trade creditors					450,268		288,239
	Taxation and social security costs					10,271		17,739
	Accruals					4,580		3,801
	Other creditors					36,798		36,798
						501,917		346,577


12	Related party transactions

	There are no related party transactions that require disclosure.
13	Controlling party

	The ultimate controlling party is Mr Herve Dubly by virtue of his shareholding.
14	Other information

	Acime UK Limited is a private company limited by shares and incorporated in England. Its registered office is:
	3rd Floor
	82 King Street
	Manchester
	Lancashire
	M2 4WQ

15	Employees
						2024		2023
	The average number of employees in the year under review was					4		4