Registration number: 04354129

Accentis Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Accentis Limited

Company Information

Director

Mr Neil Edward O'Brien

Registered office

71-75 Shelton Street Covent Garden London Greater London WC2H 9JQ

Accountants

Accentis Parallel House 32 London Road Guildford GU1 2AB

Accentis Limited

(Registration number: 04354129)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	-	6,405
Tangible assets	5	7,294	1,528
		7,294	7,933
Current assets
Stocks	6	27,357	27,459
Debtors	7	127,106	125,647
Cash at bank and in hand		99,769	118,465
		254,232	271,571
Creditors: Amounts falling due within one year	8	(228,151)	(247,395)
Net current assets		26,081	24,176
Net assets		33,375	32,109
Capital and reserves
Called up share capital	9	200	200
Retained earnings		33,175	31,909
Shareholders' funds		33,375	32,109

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 October 2025
 

......................................... Mr Neil Edward O'Brien Director

Accentis Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
71-75 Shelton Street
Covent Garden
London
Greater London
WC2H 9JQ
United Kingdom

The principal place of business is:
Parallel House
32 London Road
Guildford
GU1 2AB

These financial statements were authorised for issue by the director on 30 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Accentis Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	Straight line over three years
Office equipmemt	Straight line over three years
Fixtures and fittings	Straight line over four years

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Software	Straight line over four years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Accentis Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 13 (2024 - 13).

Accentis Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4	Intangible assets

	Internally generated software development costs  £	Total £
Cost or valuation
At 1 February 2024	24,418	24,418
Disposals	(24,418)	(24,418)
At 31 January 2025	-	-
Amortisation
At 1 February 2024	18,013	18,013
Amortisation charge	6,404	6,404
Amortisation eliminated on disposals	(24,417)	(24,417)
At 31 January 2025	-	-
Carrying amount
At 31 January 2025	-	-
At 31 January 2024	6,405	6,405

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 February 2024	57,110	57,110
Additions	8,649	8,649
At 31 January 2025	65,759	65,759
Depreciation
At 1 February 2024	55,582	55,582
Charge for the year	2,883	2,883
At 31 January 2025	58,465	58,465
Carrying amount
At 31 January 2025	7,294	7,294
At 31 January 2024	1,528	1,528

Accentis Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6

Stocks

	2025 £	2024 £
Work in progress	27,357	27,459

7

Debtors

Current	2025 £	2024 £
Trade debtors	125,968	117,079
Prepayments	-	630
Other debtors	1,138	7,938
	127,106	125,647

Accentis Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	3,287	20,480
Trade creditors		6,236	9,837
Taxation and social security		1,576	39,498
Accruals and deferred income		2,820	2,820
Other creditors		214,232	174,760
		228,151	247,395

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	200	200	200	200

10	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	3,287	6,481
Bank overdrafts	-	13,999
	3,287	20,480

11	Related party transactions

2025	At 1 February 2024 £	Repayments by director £	At 31 January 2025 £
Loan to/(from)	(174,760)	(39,473)	(214,233)

2024	At 1 February 2023 £	Repayments by director £	At 31 January 2024 £
Loan to/(from)	(194,874)	(20,262)	(174,760)