Company Registration No. 09902257 (England and Wales)
ACCURACY CONSULTS LIMITED
Unaudited accounts
for the year ended 31 December 2020
ACCURACY CONSULTS LIMITED
Unaudited accounts
Contents
ACCURACY CONSULTS LIMITED
Company Information
for the year ended 31 December 2020
Director
Kamardeen Tunde Usman-Dio
Company Number
09902257 (England and Wales)
Registered Office
2 SALAMANCA PLACE
BARKING
ESSEX
IG11 0RU
ENGLAND
Accountants
LIBRA ASSOCIATES (UK) LIMITED
20 - 22 BROCKLEY CROSS
LONDON
SE4 2AA
ACCURACY CONSULTS LIMITED
Accountants' report
Accountants' report to the director of ACCURACY CONSULTS LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 December 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
ACCURACY CONSULTS LIMITED for the year ended
31 December 2020 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ACCURACY CONSULTS LIMITED, as a body, in accordance with the terms of our engagement letter dated 3 May 2016. Our work has been undertaken solely to prepare for your approval the accounts of ACCURACY CONSULTS LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ACCURACY CONSULTS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ACCURACY CONSULTS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ACCURACY CONSULTS LIMITED. You consider that ACCURACY CONSULTS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of ACCURACY CONSULTS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
LIBRA ASSOCIATES (UK) LIMITED
20 - 22 BROCKLEY CROSS
LONDON
SE4 2AA
23 August 2021
ACCURACY CONSULTS LIMITED
Statement of financial position
as at
31 December 2020
Tangible assets
4,103
3,419
Cash at bank and in hand
-
63
Creditors: amounts falling due within one year
(15,417)
(9,330)
Net current assets/(liabilities)
11,217
(3,338)
Total assets less current liabilities
15,320
81
Creditors: amounts falling due after more than one year
(15,000)
-
Called up share capital
2
2
Profit and loss account
318
79
Shareholders' funds
320
81
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 August 2021 and were signed on its behalf by
Kamardeen Tunde Usman-Dio
Director
Company Registration No. 09902257
ACCURACY CONSULTS LIMITED
Notes to the Accounts
for the year ended 31 December 2020
ACCURACY CONSULTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09902257. The registered office is 2 SALAMANCA PLACE, BARKING, ESSEX, IG11 0RU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and
trade discounts.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Straightline
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
At 31 December 2020
8,084
Charge for the year
2,025
At 31 December 2020
3,981
At 31 December 2020
4,103
At 31 December 2019
3,419
ACCURACY CONSULTS LIMITED
Notes to the Accounts
for the year ended 31 December 2020
5
Debtors: amounts falling due within one year
2020
2019
Other debtors
22,000
5,929
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
2,134
-
Taxes and social security
10,264
8,330
Loans from directors
2,319
-
7
Creditors: amounts falling due after more than one year
2020
2019
8
Transactions with related parties
The company was under the control of Mr Kamardeen Tunde Usman-Dio who owns 100% of the issued share capital of the company. During the year Mr Kamardeen Tunde Usman-Dio received dividends of £14,000 (2017: £5000).
9
Average number of employees
During the year the average number of employees was 0 (2019: 0).