Achates Capital Ltd

	Registered number
	06200972

	Achates Capital Ltd
	Unaudited Accounts
	for the year ended
	31 March 2025

Achates Capital Ltd Balance Sheet as at 31 March 2025
	Notes		2025 £		2024 £
Fixed assets
Tangible assets	3		479		951
Investments	4		0		79,154
			479		80,105

Current assets
Debtors	5	91		4,057
Cash at bank and in hand		20,004		14,667
		20,095		18,724

Creditors: amounts falling due within one year	6	(8,131)		(22,727)

Net current assets / (liabilities)			11,964		(4,003)

Total assets less current liabilities			12,443		76,102

Provisions for liabilities			(0)		(0)

Accruals and deferred income			(600)		(600)

Total net assets (liabilities)			11,843		75,502

Capital and reserves
Called up share capital	7		100		100
Profit and loss account			11,743		75,402
Shareholders' funds			11,843		75,502

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2025 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr G Karachuk

Director

Approved by the board on 17 December 2025

Company Number: 06200972 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

20-22 Wenlock Road
London
N1 7GU
England

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

	Going concern basis
	The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.

	Revenue recognition
	Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Equipment	25% Straight Line
Fixtures & Fittings	25% Reducing Balance

	Financial instruments
	Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.

Employees
	2025	2024
Average number of employees during the period	1	1

Tangible fixed assets
	Equipment	Fixtures & Fittings	Total
Cost or valuation	£	£	£
At 1 April 2024	1,872	2,011	3,883
At 31 March 2025	1,872	2,011	3,883
Depreciation
At 1 April 2024	936	1,996	2,932
Charge for the period	468	4	472
At 31 March 2025	1,404	2,000	3,404
Net book value
At 31 March 2025	468	11	479
At 31 March 2024	936	15	951

Investments
	Other investments	Total
	£	£
Carrying amount at 1 April 2024	79,154	79,154
Disposals	(79,154)	(79,154)
Carrying amount at 31 March 2025	0	0

Debtors
	2025	2024
	£	£
Trade debtors	0	3,929
Other debtors	91	128
	91	4,057

Creditors: amounts falling due within one year
	2025	2024
	£	£
Trade creditors	82	260
Other creditors	8,049	22,467
	8,131	22,727

Share capital
	2025	2024
	£	£
Allotted, called up and fully paid:
49 (2024: 49) Ordinary A shares of £1.00 each	49	49

Allotted, called up and fully paid:
51 (2024: 51) Ordinary B shares of £1.00 each	51	51

	100	100