Accudo Solutions Limited

(Registration number: 05806096)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,498	1,398
Current assets
Debtors	5	96,830	35,795
Cash at bank and in hand		52,472	60,869
		149,302	96,664
Creditors: Amounts falling due within one year	6	(50,050)	(29,420)
Net current assets		99,252	67,244
Total assets less current liabilities		100,750	68,642
Creditors: Amounts falling due after more than one year	6	(17,058)	(21,262)
Net assets		83,692	47,380
Capital and reserves
Called up share capital	7	100	100
Profit and loss account		83,592	47,280
Total equity		83,692	47,380

Accudo Solutions Limited

(Registration number: 05806096)
Balance Sheet as at 31 July 2025

For the financial year ending 31 July 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the director on 31 March 2026
 

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

A Sim
Director

Accudo Solutions Limited

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

1	Statutory information

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

The address of its registered office is:
10c Hanham Hall
Whittucks Road
Hanham
Bristol
BS15 3FR
England

2	Accounting policies

Summary of significant accounting policies

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.

Statement of compliance

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

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. Given the company's profitability and financial resources, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Revenue recognition

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

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Accudo Solutions Limited

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

2	Accounting policies (continued)

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible fixed assets

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

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

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Office equipment	25% reducing balance and 33% straight line
Professional library	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured 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.

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.

Accudo Solutions Limited

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

2	Accounting policies (continued)

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.

Dividends

Dividend distributed to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Accudo Solutions Limited

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

4	Tangible fixed assets

	Office equipment £	Professional library £	Total £
Cost
At 1 August 2024	14,956	1,800	16,756
Additions	949	-	949
At 31 July 2025	15,905	1,800	17,705
Depreciation
At 1 August 2024	13,576	1,782	15,358
Charge for the year	844	5	849
At 31 July 2025	14,420	1,787	16,207
Carrying amount
At 31 July 2025	1,485	13	1,498
At 31 July 2024	1,380	18	1,398

5	Debtors: amounts falling due within one year

	2025 £	2024 £
Trade debtors	63,240	15,920
Prepayments and accrued income	33,590	19,875
	96,830	35,795

Accudo Solutions Limited

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

6	Creditors: amounts falling due within one year

	2025 £	2024 £
Bank loans and overdrafts	4,808	4,808
Corporation tax	27,907	15,415
Taxation and social security	14,133	6,648
Other creditors	702	199
Accruals	2,500	2,350
	50,050	29,420
Due after one year
Bank loans	17,058	21,262

The bank loan is the government backed Business Bounce Back Loan, an unsecured loan with a flexible repayment term of 6 years, charged at 2.5% interest. Repayments began on 21 June 2021.

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

8

Dividends

	2025 £	2024 £
Dividend of £527 (2024 - £268) per each Ordinary share	52,727	26,830