Acumen Global Partnership Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13980779 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2024

for

ACUMEN GLOBAL PARTNERSHIP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Mofidi

SECRETARY:

Ms. S Mofidi

REGISTERED OFFICE:

Pure Offices Ltd Lake View Drive

Sherwood Park

Annesley

Nottinghamshire

NG15 0DT

REGISTERED NUMBER:

13980779 (England and Wales)

ACCOUNTANTS:

AKS Advisers

14-15 Lower Grosvenor Place

London

SW1W 0EX

FIXED ASSETS

Investments

4

6

CURRENT ASSETS

Debtors

5

12,000

-

CREDITORS

Amounts falling due within one year

6

3,252

-

NET CURRENT ASSETS

8,748

-

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,754

6

CAPITAL AND RESERVES

Called up share capital

6

Retained earnings

8,748

-

SHAREHOLDERS' FUNDS

8,754

6

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2025 and were signed by:

R Mofidi - Director

1.	STATUTORY INFORMATION

Acumen Global Partnership Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

Accounting standards require the director to consider the appropriateness of the going concern basis when preparing the financial statements. The director confirms that he considers that the going concern basis remains appropriate. The director believes that the company has sufficient resources to continue in operational existence for the foreseeable future. The director believes this to be the case as the company has no significant long term liabilities.

Having regard to the above, the director believes that it is appropriate to adopt the going concern basis of accounting in preparing the financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with no significant risk of change in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

COST

£

At 1 November 2023and 31 October 2024

6

NET BOOK VALUE

At 31 October 2024

6

At 31 October 2023

6

Acumen Claims Limited

Registered office: Pure Offices Ltd Lake View Drive, Sherwood Park, Annesley, Nottinghamshire, United Kingdom, NG15 0DT.

Nature of business: Building repair services.

% holding Class of shares:

Ordinary 100.00

Ambience Response Limited

Registered office: Suite 38-39 Pure Offices Ltd Lake View Drive, Annesley, Nottingham, England, NG15 0DT.

Nature of business: Construction of civil engineering projects.

% holding

Class of shares:

Ordinary 100.00

Aptitude Chartered Loss Adjusters Ltd

Registered office: Pure Offices Ltd Lake View Drive, Sherwood Park, Annesley, Nottinghamshire, England, NG15 0DT.

Nature of business: Risk and damage evaluation.

% holding

Class of shares:

Ordinary 100.0

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

Amounts owed by group undertakings

12,000

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

Taxation and social security

2,052

-

Other creditors

1,200

-

3,252

-

7.	ULTIMATE CONTROLLING PARTY

The director considers there to be no controlling party.