Registration number: 08989660

Auctus Global Limited

Contents

Director's Report	1
Accountants' Report	2
Abridged Balance Sheet	3 to 4
Notes to the Unaudited Abridged Financial Statements	5 to 8

Auctus Global Limited

Director's Report for the Year Ended 30 April 2025

The director presents his report and the abridged financial statements for the year ended 30 April 2025.

Director of the company

The director who held office during the year was as follows:

Mr Fraser J Sheader

Principal activity

The principal activity of the company is Management consultancy activities

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 27 April 2026
 

......................................... Mr Fraser J Sheader Director

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Auctus Global Limited
for the Year Ended 30 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Auctus Global Limited for the year ended 30 April 2025 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Auctus Global Limited, as a body, in accordance with the terms of our engagement letter dated 17 November 2016. Our work has been undertaken solely to prepare for your approval the accounts of Auctus Global Limited and state those matters that we have agreed to state to the Board of Directors of Auctus Global Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Auctus Global Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Auctus Global Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Auctus Global Limited. You consider that Auctus Global Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Auctus Global Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

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

Abtax CA Limited
Certified Accountants
The Joiners Shop The Historic Dockyard
Main Gate Road
Chatham
Kent
ME4 4TZ

27 April 2026

Auctus Global Limited

(Registration number: 08989660)
Abridged Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	87,967	181,461
Current assets
Stocks	5	93,056	-
Debtors		17,916	(13,140)
Cash at bank and in hand		9,169	1,981
		120,141	(11,159)
Prepayments and accrued income		23,333	-
Creditors: Amounts falling due within one year		(150,317)	(138,412)
Net current liabilities		(6,843)	(149,571)
Total assets less current liabilities		81,124	31,890
Creditors: Amounts falling due after more than one year		(79,980)	(79,980)
Net assets/(liabilities)		1,144	(48,090)
Capital and reserves
Called up share capital	6	100	100
Retained earnings		1,044	(48,190)
Shareholders' funds/(deficit)		1,144	(48,090)

For the financial 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.

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’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Auctus Global Limited

(Registration number: 08989660)
Abridged Balance Sheet as at 30 April 2025

Approved and authorised by the director on 27 April 2026
 

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

Mr Fraser J Sheader

Director

Auctus Global Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

1	General information

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

The address of its registered office is:
12 Coxwell Street
Cirencester
Gloucestershire
GL7 2BH
England

These financial statements were authorised for issue by the director on 27 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

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

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Auctus Global Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

Tangible assets

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

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

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	33% Straight Line Basis
Fixtures and Fittings	20% Straight Line Basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, 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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Auctus Global Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

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. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 May 2024	81,714	32,611	314,435	428,760
Additions	-	-	4,431	4,431
Disposals	-	-	(294,333)	(294,333)
At 30 April 2025	81,714	32,611	24,533	138,858
Depreciation
At 1 May 2024	-	32,611	214,688	247,299
Charge for the year	-	-	4,870	4,870
Eliminated on disposal	-	-	(201,278)	(201,278)
At 30 April 2025	-	32,611	18,280	50,891
Carrying amount
At 30 April 2025	81,714	-	6,253	87,967
At 30 April 2024	81,714	-	99,747	181,461

Included within the net book value of land and buildings above is £81,714 (2024 - £81,714) in respect of freehold land and buildings.
 

Disposal in the year primarily relate to horse previously held within tangible fixed assets, which were disposad of, including by way of part exchange, following a change in the company's business model.

Auctus Global Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

5

Stocks

	2025 £	2024 £
Other inventories	93,056	-

Stocks comprise horses held for resale and are stated at the lower of cost and net realisable value.

6	Share capital

Allotted, called up and fully paid shares

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