Accounts 2U Ltd - Filleted accounts

Registered number

04453840

Accounts 2U Ltd

Filleted Accounts

30 June 2026

Accounts 2U Ltd
Registered number:		04453840
Balance Sheet
as at 30 June 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		340			453

Current assets
Work in progress		889			997
Debtors	4	2,041			2,190
Cash at bank and in hand		11,778			8,800
		14,708			11,987

Creditors: amounts falling due within one year	5	(2,723)			(2,851)

Net current assets			11,985			9,136

Net assets			12,325			9,589

Capital and reserves
Called up share capital			1			1
Profit and loss account			12,324			9,588

Shareholder's funds			12,325			9,589

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr H Turner
Director
Approved by the board on 23 October 2026

Accounts 2U Ltd
Notes to the Accounts
for the year ended 30 June 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance

	Work in progress
	Work in progress is valued at time spent on clients' affairs not yet billed, multiplied by the standard chargeout rate, less specific provisions for time costs considered irrecoverable, in accordance with UITF40.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 July 2025				1,110
	At 30 June 2026				1,110

	Depreciation
	At 1 July 2025				657
	Charge for the year				113
	At 30 June 2026				770

	Net book value
	At 30 June 2026				340
	At 30 June 2025				453


4	Debtors		2026		2025
£				£

	Trade debtors		2,041		1,924
	Other debtors		-		266
			2,041		2,190


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		223		151
	Taxation and social security costs		2,081		2,511
	Director's loan account		419		189
			2,723		2,851

	During the year, the company made advances to the director totalling £4,949 (2025 £10,593). These advances were fully paid off before the respective year ends. The advances were interest-free (2025 charged to interest at HM Revenue & Customs' official rate), and were repayable on demand.

6	Other information

	Accounts 2U Ltd is a private company limited by shares and incorporated in Cardiff. Its registered office is:
	13 Edward Street
	Northwich
	CW9 7DQ