Company Registration No. 11742103 (England and Wales)
ACCOUNTAE LTD
Unaudited accounts
for the year ended 31 December 2022
ACCOUNTAE LTD
Unaudited accounts
Contents
ACCOUNTAE LTD
Company Information
for the year ended 31 December 2022
Directors
Mamadou Diallo
Thierno Ismael Bah
Tae Sigauke
Company Number
11742103 (England and Wales)
Registered Office
UNION HOUSE
111 NEW UNION STREET
COVENTRY
CV1 2NT
ENGLAND
Accountants
Accountae Ltd
Union House
111 New Union Street
Coventry
CV1 2NT
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
ACCOUNTAE LTD
for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
ACCOUNTAE LTD for the year ended
31 December 2022 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of ACCOUNTAE LTD, as a body, in accordance with the terms of our engagement letter dated 19 September 2021. Our work has been undertaken solely to prepare for your approval the accounts of ACCOUNTAE LTD and state those matters that we have agreed to state to the Board of Directors of ACCOUNTAE LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ACCOUNTAE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ACCOUNTAE LTD 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 ACCOUNTAE LTD. You consider that ACCOUNTAE LTD 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 ACCOUNTAE LTD. 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.
Accountae Ltd
Chartered Certified Accountants
Union House
111 New Union Street
Coventry
CV1 2NT
25 May 2023
ACCOUNTAE LTD
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
2,977
2,820
Creditors: amounts falling due within one year
(1,080)
(1,635)
Net current assets
12,318
4,185
Total assets less current liabilities
13,780
8,852
Creditors: amounts falling due after more than one year
(2,348)
(3,429)
Profit and loss account
11,432
5,423
Shareholders' funds
11,432
5,423
For the year ending 31 December 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 25 May 2023 and were signed on its behalf by
Mamadou Diallo
Director
Company Registration No. 11742103
ACCOUNTAE LTD
Notes to the Accounts
for the year ended 31 December 2022
ACCOUNTAE LTD is a private company, limited by shares, registered in England and Wales, registration number 11742103. The registered office is UNION HOUSE, 111 NEW UNION STREET, COVENTRY, CV1 2NT, 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.
The accounts are presented in £ sterling.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Investments in shares and digital assets are included at fair value.
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: 5
4
Tangible fixed assets
Computer equipment
ACCOUNTAE LTD
Notes to the Accounts
for the year ended 31 December 2022
5
Investments
Other investments
Valuation at 1 January 2022
4,667
Fair value adjustments
(3,605)
Valuation at 31 December 2022
1,062
Amounts falling due within one year
Accrued income and prepayments
-
380
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
1,080
1,104
Loans from directors
-
531
8
Creditors: amounts falling due after more than one year
2022
2021
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).