ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due within one year

Registered number: 14614468

ACANTHA COLLECTIVE LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025


ACANTHA COLLECTIVE LTD

COMPANY INFORMATION

Directors	K Kanady
	D A Drum


Registered number	14614468


Registered office	16 Berkeley Street
	London
	W1J 8DZ


Accountants	Sopher + Co LLP
	Chartered Accountants
	5 Elstree Gate
	Elstree Way
	Borehamwood
	Hertfordshire
	WD6 1JD


ACANTHA COLLECTIVE LTD

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


ACANTHA COLLECTIVE LTD REGISTERED NUMBER:14614468

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2025

	30 June	31 January
	2025	2024
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	19,845		-
Cash at bank and in hand		514,424		48,000
		534,269		48,000
Current liabilities
Creditors: amounts falling due within one year	5	(1,129,786)		(265,653)
Net current liabilities			(595,517)		(217,653)
Total assets less current liabilities			(595,517)		(217,653)

Net liabilities			(595,517)		(217,653)

Capital and reserves
Called up share capital	100	100
Other reserves	48,849	-
Profit and loss account	(644,466)	(217,753)
	(595,517)	(217,653)

Page 1


ACANTHA COLLECTIVE LTD REGISTERED NUMBER:14614468

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 JUNE 2025

The directors consider 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 period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 statement of comprehensive income 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 by:

K Kanady

Director

Date: 28 October 2026

The notes on pages 3 to 5 form part of these financial statements.

Page 2


ACANTHA COLLECTIVE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

1.	General information

Acantha Collective Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 16 Berkeley Street, London, England, W1J 8DZ.

The principal activity of the company continued to be that of management, letting and operating of real estate.

The company's functional and presentational currency is £ Sterling.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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

Revenue

Turnover represents the invoiced sales of services, stated net of value added tax. Turnover is recognised at the point of provision of the invoice

2.3

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.

2.4

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.

2.5

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.

Page 3


ACANTHA COLLECTIVE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.6

Financial instruments

The Company enters into basic financial instrument transactions. Basic financial instruments, including cash and loans to related parties, are accounted for in accordance with FRS 102 Section 11.

Employees

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

Debtors

					30 June	31 January
					2025	2024
					£	£


Amounts owed by related parties	2,400	-
Other debtors	12,058	-
Prepayments and accrued income	5,387	-
	19,845	-

Amounts owed to related parties	226,338	265,653
Corporation tax	200	-
Other taxation and social security	10,933	-
Other creditors	800,495	-
Accruals and deferred income	91,820	-
	1,129,786	265,653

Page 4


ACANTHA COLLECTIVE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

6.	Related party transactions
	Amounts owed by and to related parties are unsecured, interest free and repayable on demand, being a company where a shareholder of the company is a director and exercises significant control. Included within other creditors are amounts totalling £769,516 (2024: £Nil) owed to a company under common control. These amounts are interest free and repayable on demand.

7.	Controlling party

The Company is owned by Katherine Kanady.

Page 5