Veracity Associates Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06602677 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Veracity Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Lad

REGISTERED OFFICE:

The Oval

57 New Walk

Leicester

LE1 7EA

REGISTERED NUMBER:

06602677 (England and Wales)

Fixed assets

Tangible assets

4

1

Investments

5

2,745

2,746

Current assets

Debtors

6

24,000

240,928

Cash at bank

7

162,996

423,962

186,996

664,890

Creditors

Amounts falling due within one year

8

118,899

75,212

Net current assets

68,097

589,678

Total assets less current liabilities

70,843

592,424

Capital and reserves

Called up share capital

100

Retained earnings

70,743

592,324

Shareholders' funds

70,843

592,424

70,843

592,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2026 and were signed by:

J Lad - Director

1.	Statutory information

Veracity Associates Limited is a private company, limited by shares , 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	Employees and directors

The average number of employees during the year was 2 (2025 - 2 ) .

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 April 2025

and 31 March 2026

8,054

Depreciation

At 1 April 2025

and 31 March 2026

8,053

Net book value

At 31 March 2026

1

At 31 March 2025

1

5.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1 April 2025

and 31 March 2026

2,745

Net book value

At 31 March 2026

2,745

At 31 March 2025

2,745

6.

Debtors: amounts falling due within one year

31.3.26

31.3.25

£

Trade debtors

24,000

48,000

Amounts owed by group undertakings

-

192,928

24,000

240,928

7.	Cash at bank

31.3.26

31.3.25

£

Barclays Bank PLC

2,696

2,664

Lloyd TSB Current

160,300

421,298

162,996

423,962

8.

Creditors: amounts falling due within one year

31.3.26

31.3.25

£

Tax

50,399

56,212

VAT

12,000

Amounts owed to Acqumen Ltd

24,000

-

Amounts owed to Allan & Co Ltd

25,000

-

Accrued expenses

7,500

7,000

118,899

75,212

9.	Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	Ultimate controlling party

The company is jointly owned by Acqumen Limited (08335990) and Allan & Co Limited (0833607), both companies incorporated registered in England and Wales.

The directors have considered the ownership and governance arrangements of the company and concluded that neither shareholder exercises ultimate control. Accordingly, the company does not have an ultimate controlling party.