Company registration number: 07306110
Unaudited financial statements
for the year ended 31 March 2025
for
Accountum Limited
Pages for filing with the Registrar
Company registration number: 07306110
Accountum Limited
Balance sheet
as at 31 March 2025
2025 2024
£ £ £ £
Current assets
Debtors 367,359 409,216
Cash at bank and in hand 33,842 6,315
401,201 415,531
Creditors: amounts falling due within one
year 		(326,590) (289,398)
Net current assets 74,611 126,133
Creditors: Amounts falling due after more
than one year 		(70,527) (98,203)
NET ASSETS 4,084 27,930
Capital and reserves
Called up share capital 101 101
Profit and loss account 3,983 27,829
TOTAL EQUITY 4,084 27,930
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07306110
Accountum Limited
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr P Auren, Director
29 December 2025
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Accountum Limited
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Accountum Limited is a private company registered in England and Wales. Its registered number is 07306110. The company is limited by shares. Its registered office is Sweden House, 5 Upper Montagu Street, London, W1H 2AG.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Foreign currencies
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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
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Accountum Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
3 Average number of employees
During the year the average number of employees was 10 (2024 - 10).
4 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024.
2025 2024
£ £
Mr Pehr Auren
Balance outstanding at start of year 358,638 303,234
Amounts advanced 325,770 370,004
Amounts repaid (360,000) (314,600)
Balance outstanding at end of year 324,408 358,638
The above loan is unsecured, interest bearing at 3.25% and repayable on demand.
5 Related party transactions
The company paid expenses on behalf of the director and his close family totaling £7,455 (PY £6,531).
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