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Registered number: 12412031
Authocracy Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Radford & Sergeant Limited
9 Greyfriars Road
Reading
Berkshire
RG1 1NU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12412031
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 250
- 250
CURRENT ASSETS
Stocks 5 5,205 4,590
Cash at bank and in hand 1,883 7,434
7,088 12,024
Creditors: Amounts Falling Due Within One Year 6 (14,859 ) (17,109 )
NET CURRENT ASSETS (LIABILITIES) (7,771 ) (5,085 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,771 ) (4,835 )
Creditors: Amounts Falling Due After More Than One Year 7 (30,006 ) (21,340 )
NET LIABILITIES (37,777 ) (26,175 )
CAPITAL AND RESERVES
Called up share capital 8 95 95
Share premium account 9,775 9,775
Profit and Loss Account (47,647 ) (36,045 )
SHAREHOLDERS' FUNDS (37,777) (26,175)
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Joseph Pierce
Director
30 October 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Authocracy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12412031 . The registered office is 40 Caversham Road, Reading, Berkshire, RG1 7EB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25% on cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2024 1,712
As at 31 January 2025 1,712
Depreciation
As at 1 February 2024 1,462
Provided during the period 250
As at 31 January 2025 1,712
Net Book Value
As at 31 January 2025 -
As at 1 February 2024 250
Page 3
Page 4
5. Stocks
2025 2024
£ £
Finished goods 5,205 4,590
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 12,128 15,005
Director's loan account 2,731 2,104
14,859 17,109
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 30,006 21,340
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 95 95
Page 4