Company Registration No. 08973168 (England and Wales)
CONE ACCOUNTING LIMITED
Unaudited accounts
for the year ended 31 December 2024
CONE ACCOUNTING LIMITED
Unaudited accounts
Contents
CONE ACCOUNTING LIMITED
Company Information
for the year ended 31 December 2024
Director
Mr Benjamin Roberto Nacca
Company Number
08973168 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
CONE ACCOUNTING LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
9,951
12,303
Cash at bank and in hand
(22,424)
(22,144)
Creditors: amounts falling due within one year
(116,434)
(40,439)
Net current (liabilities)/assets
(7,734)
67,304
Total assets less current liabilities
2,217
79,607
Creditors: amounts falling due after more than one year
(128,374)
(133,485)
Net liabilities
(126,157)
(53,878)
Called up share capital
200
200
Profit and loss account
(126,357)
(54,078)
Shareholders' funds
(126,157)
(53,878)
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 28 September 2025 and were signed on its behalf by
Mr Benjamin Roberto Nacca
Director
Company Registration No. 08973168
CONE ACCOUNTING LIMITED
Notes to the Accounts
for the year ended 31 December 2024
CONE ACCOUNTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08973168. The registered office is 124 City Road, London, EC1V 2NX.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 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:
Fixtures & fittings
Straight Line at 25.00%
Computer equipment
Straight Line at 33.33%
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
The accounts are presented in £ sterling.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
CONE ACCOUNTING LIMITED
Notes to the Accounts
for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
1,663
30,660
32,323
At 31 December 2024
2,538
35,346
37,884
At 1 January 2024
433
19,587
20,020
Charge for the year
516
7,397
7,913
At 31 December 2024
949
26,984
27,933
At 31 December 2024
1,589
8,362
9,951
At 31 December 2023
1,230
11,073
12,303
Amounts falling due within one year
Trade debtors
13,695
11,014
Accrued income and prepayments
-
1,438
Other debtors
117,429
117,435
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,755
2,612
Taxes and social security
47,418
14,479
Other creditors
8,355
2,019
Loans from directors
2,537
-
CONE ACCOUNTING LIMITED
Notes to the Accounts
for the year ended 31 December 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
128,374
133,485
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
The company's ultimate controlling party is Mr Benjamin Roberto Nacca by virtue of his ownership of 100% of the issued share capital in the company.
11
Average number of employees
During the year the average number of employees was 6 (2023: 6).