Company Registration No. 06209419 (England and Wales)
Accountancy Managers Limited
Unaudited accounts
for the year ended 30 April 2025
Accountancy Managers Limited
Unaudited accounts
Contents
Accountancy Managers Limited
Company Information
for the year ended 30 April 2025
Company Number
06209419 (England and Wales)
Registered Office
164 New Cavendish Street
London
W1W 6YT
Accountancy Managers Limited
Statement of financial position
as at 30 April 2025
Tangible assets
26,324
25,996
Cash at bank and in hand
90,298
68,146
Creditors: amounts falling due within one year
(75,810)
(61,843)
Net current assets
246,606
239,290
Total assets less current liabilities
272,930
265,286
Creditors: amounts falling due after more than one year
-
(5,000)
Net assets
272,930
260,286
Called up share capital
100
100
Profit and loss account
272,830
260,186
Shareholders' funds
272,930
260,286
For the year ending 30 April 2025 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 December 2025 and were signed on its behalf by
A Chaudhry
Director
Company Registration No. 06209419
Accountancy Managers Limited
Notes to the Accounts
for the year ended 30 April 2025
Accountancy Managers Limited is a private company, limited by shares, registered in England and Wales, registration number 06209419. The registered office is 164 New Cavendish Street, London, W1W 6YT.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value-added tax, and other sales taxes.
Turnover represents amounts chargeable to clients for professional services rendered during the year inclusive of direct expenses incurred in course of carrying out clients' work.
Unbilled revenue is included in the balance sheet as debtors.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
16.66% on reducing balance
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Accountancy Managers Limited
Notes to the Accounts
for the year ended 30 April 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Expenditure on research and development is written off in the year in which it is incurred.
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
37,450
5,711
34,521
77,682
Additions
-
1,908
4,732
6,640
At 30 April 2025
37,450
7,619
39,253
84,322
At 1 May 2024
24,910
1,428
25,348
51,686
Charge for the year
2,090
1,428
2,794
6,312
At 30 April 2025
27,000
2,856
28,142
57,998
At 30 April 2025
10,450
4,763
11,111
26,324
At 30 April 2024
12,540
4,283
9,173
25,996
Amounts falling due within one year
Trade debtors
134,128
128,507
Accrued income and prepayments
9,553
9,975
Other debtors
88,437
94,505
Accountancy Managers Limited
Notes to the Accounts
for the year ended 30 April 2025
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,157
5,280
Taxes and social security
61,197
53,814
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Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
Included in other creditors is an amount of £2,000 (2024: £nil) owed to Mr A Chaudhry, a sole director and 100% shareholder of the company.
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Average number of employees
During the year the average number of employees was 6 (2024: 6).