REGISTERED NUMBER: 06996739 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

APPROVED CABLES INITIATIVE

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

Dr J Hodge

R M N S Petrus

Secretary:

Dr J Hodge

Registered office:

3rd Floor 86-90 Paul Street

London

EC2A 4NE

Registered number:

06996739 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Current assets

Debtors

5

4,083

5,063

Cash at bank

10,811

7,889

14,894

12,952

Creditors

Amounts falling due within one year

6

4,075

1,600

Net current assets

10,819

11,352

Total assets less current liabilities

10,819

11,352

Reserves

Profit and loss account

10,819

11,352

10,819

11,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

Dr J Hodge - Director

1.	Statutory information

Approved Cables Initiative is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

Significant judgements and estimates

.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current tax. 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.

3.	Employees and directors

The average number of employees during the year was NIL (2024 - NIL).

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 January 2025

and 31 December 2025

11,895

Depreciation

At 1 January 2025

and 31 December 2025

11,895

Net book value

At 31 December 2025

-

At 31 December 2024

-

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

4,083

5,063

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

1,170

-

Taxation and social security

1,805

-

Other creditors

1,100

1,600

4,075

1,600

7.	Related party disclosures

During the year the company charged £10,000 (2024: £10,000) for management fees. The balance outstanding at the year-end was nil (2024: nil). The transaction was conducted on normal commercial terms of business.

8.	Company limited by guarantee

The company is limited by guarantee and does not have share capital. The liability of its members is limited to £1 per member.