ACCOUNTS - Final Accounts preparation

Registered number: NI682585

AC Human Capital Limited

Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 December 2025

AC Human Capital Limited

Registered number: NI682585

Balance Sheet

As at 31 December 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	3		1,605		930
Investments	5		85		85
			1,690		1,015
Current assets
Debtors: amounts falling due within one year	6	39,540		30,577
Bank and cash balances		151,252		148,795
		190,792		179,372
Creditors: amounts falling due within one year	7	(74,305)		(91,584)
Net current assets			116,487		87,788
Total assets less current liabilities			118,177		88,803

Net assets			118,177		88,803

Capital and reserves
Called up share capital	8	1	1
Profit and loss account		118,176	88,802
		118,177	88,803

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AC Human Capital Limited

Registered number: NI682585

Balance Sheet (continued)

As at 31 December 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 April 2026.

Mr Andrew Currie

Director

The notes on pages 3 to 8 form part of these financial statements.

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AC Human Capital Limited

Notes to the Financial Statements

For the Year Ended 31 December 2025

1.	General information

AC Human Capital Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI682585. The registered office is Arthur House, 41 Arthur Street, Belfast, BT1 4GB.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The director of AC Human Capital Limited have reviewed the resources available and believe that the company has adequate resources to continue in operational existence for the foreseeable future.
Accordingly, AC Human Capital Limited continues to adopt the going concern basis in preparing the financial statements.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

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AC Human Capital Limited

Notes to the Financial Statements

For the Year Ended 31 December 2025

2.Accounting policies (continued)

2.4

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.7

Tangible assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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AC Human Capital Limited

Notes to the Financial Statements

For the Year Ended 31 December 2025

2.Accounting policies (continued)

2.7

Tangible assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Plant and machinery	-	20%
				Computer equipment	-	20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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AC Human Capital Limited

Notes to the Financial Statements

For the Year Ended 31 December 2025

2.Accounting policies (continued)

2.12

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	Tangible assets

	Plant and machinery	Computer equipment	Total
	£	£	£
Cost
At 1 January 2025	1,123	1,202	2,325
Additions	-	1,198	1,198
At 31 December 2025	1,123	2,400	3,523
Depreciation
At 1 January 2025	675	721	1,396
Charge for the year on owned assets	224	298	522
At 31 December 2025	899	1,019	1,918
Net book value
At 31 December 2025	224	1,381	1,605
At 31 December 2024	448	482	930

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AC Human Capital Limited

Notes to the Financial Statements

For the Year Ended 31 December 2025


4.	Employees

The average monthly number of employees, including directors, during the year was 4 (2024 - 2).

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2025	85
	At 31 December 2025	85

Debtors

					2025	2024
					£	£


Trade debtors	17,018	19,045
Amounts owed by group undertakings	10,965	10,277
Prepayments and accrued income	11,557	1,255
	39,540	30,577

7.	Creditors: amounts falling due within one year
		2025	2024
		£	£

Corporation tax	40,355	43,824
Other taxation and social security	20,733	11,156
Other creditors	6,667	30,079
Accruals and deferred income	6,550	6,525
	74,305	91,584

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AC Human Capital Limited

Notes to the Financial Statements

For the Year Ended 31 December 2025

8.	Called up share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 - 1) Ordinary share of £1.00	1	1

9.	Controlling party

AC Human Capital Limited is the parent of its wholly owned subsidiary ACH Capital Limited.

ACH Capital Limited is a company incorporated in the Republic of Ireland (735762).

The ultimate controlling party of the group is the director of AC Human Capital Limited.

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