smallAccCompHo_0921.xslt
Company Registration No. 02047527 (England and Wales)
ARTICULATE GROUP LIMITED
Financial Statements
for the Period from 01 January 2024 to 31 December 2024

ARTICULATE GROUP LIMITED

Financial Statements for the period ending 31 December 2024

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
- 1 -

ARTICULATE GROUP LIMITED

Financial Statements for the period ending 31 December 2024

Company Information

Company Details
Company Number 02047527
Registered Office 4B OSPREY WAY 4B OSPREY WAY, EAGLE BUSINESS PARK YAXLEY
PETERBOROUGH
PE7 3GT
Directors
Directors who held office during the period were:
Margaret Ann BOLTON   
Oliver James BOLTON   
Kevin James GRIMWOOD-MCCOURT   
- 2 -

ARTICULATE GROUP LIMITED

Financial Statements for the period ending 31 December 2024

Statement of Financial Position

1234567891011
Notes 2024 2023
£ £
Fixed Assets
Tangible assets 6 240,979 219,217
Investments 7 209,099 -
Current Assets
Stocks 19,816 19,816
Debtors due 290,844 372,266
Cash at bank and in hand 125,504 355,095
436,164 747,177
Creditors
Amount falling due within one year (529,612) (315,377)
Net Current Assets (93,448) 431,800
Total Assets less current liabilities 356,630 651,017
Creditors due after more than one year (210,087) (188,075)
Net Assets 146,543 462,942
Capital and Reserves
Called up Share Capital 102 102
Retained earnings at end of year 146,441 462,840
Shareholder funds 146,543 462,942
For the year ending 31/12/2024 the company was entitled to exemption 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
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 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.
Approved by the Board on 29 September 2025
Oliver Bolton
Company Registration No. 02047527
- 3 -

ARTICULATE GROUP LIMITED

Financial Statements for the period ending 31 December 2024

Notes to the Accounts

1. Statutory Information
ARTICULATE GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02047527.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT. Long-term and ongoing contracts: turnover represents the value of work done including estimates of amounts not yet invoiced and is recognised by reference to the stage of completion.
- 4 -

ARTICULATE GROUP LIMITED

Financial Statements for the period ending 31 December 2024

Notes to the Accounts

Current Tax
Current tax is recognised in the profit and loss account, except to the extent that it is attributable to a gain or loss that has been recognised directly in the statement of total recognised gains or losses. In this case, tax is recognised in this statement. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible Fixed Asset Policy
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.Office equipment - 25%Motor vehicles - 25%Plant and machinery - 25%
- 5 -

ARTICULATE GROUP LIMITED

Financial Statements for the period ending 31 December 2024

Notes to the Accounts

Stock
Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
- 6 -

ARTICULATE GROUP LIMITED

Financial Statements for the period ending 31 December 2024

Notes to the Accounts

3. Exceptional Items
A combined pension contribution of £370,000 was made to the Directors in the year.
4. Employees
Average number of employees, including directors, during the year was as follows:
2024 11
2023 10
5. Principal Activity
Retailing and repair of surveillance, alarms and cabling.
- 7 -

ARTICULATE GROUP LIMITED

Financial Statements for the period ending 31 December 2024

Notes to the Accounts

6. Fixed Assets
Motor Vehicles Fixtures and Fittings Total
Cost or valuation £ £ £
At 01/01/2024 316,744 57,509 374,253
Additions 100,204 28,257 128,461
Disposals (17,999) - (17,999)
At 31/12/2024 398,949 85,766 484,715
Depreciation
At 01/01/2024 101,175 53,861 155,036
Charge for the year 95,377 11,322 106,699
Disposals (17,999) - (17,999)
At 31/12/2024 178,553 65,183 243,736
Net Book Value
At 31/12/2024 220,396 20,583 240,979
At 31/12/2023 215,569 3,648 219,217
- 8 -

ARTICULATE GROUP LIMITED

Financial Statements for the period ending 31 December 2024

Notes to the Accounts

7. Investments
Investments in Subsidiaries Other Investments - Listed Other Investments -Unlisted Total
£ £ £ £
Valuation at 01/01/2024 - - - -
Additions 209,099 - - 209,099
Disposals - - - -
Adjustments - - - -
Valuation at 31/12/2024 209,099 - - 209,099
- 9 -