Acquirz Ltd

Acquirz Ltd

ACQUIRZ LTD - Company Information

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10 September 2019 false No description of principal activity Taxfiler 2021.6 12199595business:PrivateLimitedCompanyLtd2019-09-102020-09-30 121995952019-09-09 121995952019-09-102020-09-30 12199595business:AuditExemptWithAccountantsReport2019-09-102020-09-30 12199595business:FullAccounts2019-09-102020-09-30 121995952020-09-30 12199595business:Director12019-09-102020-09-30 12199595business:Director22019-09-102020-09-30 12199595business:CompanySecretary12019-09-102020-09-30 12199595business:RegisteredOffice2019-09-102020-09-30 12199595core:WithinOneYear2020-09-30 12199595core:AfterOneYear2020-09-30 12199595core:ShareCapital2020-09-30 12199595core:RetainedEarningsAccumulatedLosses2020-09-30 12199595business:SmallEntities2019-09-102020-09-30 12199595countries:EnglandWales2019-09-102020-09-30 12199595core:FurnitureFittings2019-09-102020-09-30 12199595core:ComputerEquipment2019-09-102020-09-30 12199595core:IntangibleAssetsOtherThanGoodwill2019-09-09 12199595core:IntangibleAssetsOtherThanGoodwill2019-09-102020-09-30 12199595core:IntangibleAssetsOtherThanGoodwill2020-09-30 12199595core:FurnitureFittings2019-09-09 12199595core:ComputerEquipment2019-09-09 12199595core:FurnitureFittings2020-09-30 12199595core:ComputerEquipment2020-09-30 iso4217:GBP xbrli:pure
Company Registration No. 12199595 (England and Wales)
Acquirz Ltd Unaudited accounts for the period from 10 September 2019 to 30 September 2020
Acquirz Ltd Unaudited accounts Contents
Page
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Acquirz Ltd Company Information for the period from 10 September 2019 to 30 September 2020
Directors
C Skinner R Wilmot
Secretary
C Skinner
Company Number
12199595 (England and Wales)
Registered Office
1 ROCKFIELD BUSINESS PARK OLD STATION DR LECKHAMPTON CHELTENHAM GL53 0AN ENGLAND
Accountants
HJ & Associates Glenwood House Fairmount Road Cheltenham Glos GL51 7AQ
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Acquirz Ltd Statement of financial position as at 30 September 2020
2020 
Notes
£ 
Fixed assets
Intangible assets
4
25,000 
Tangible assets
5
7,329 
32,329 
Current assets
Inventories
6
10,000 
Debtors
7
227 
Cash at bank and in hand
35,452 
45,679 
Creditors: amounts falling due within one year
8
(24,984)
Net current assets
20,695 
Total assets less current liabilities
53,024 
Creditors: amounts falling due after more than one year
9
(50,000)
Net assets
3,024 
Capital and reserves
Called up share capital
100 
Profit and loss account
2,924 
Shareholders' funds
3,024 
For the period ending 30 September 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 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 10 March 2021 and were signed on its behalf by
C Skinner Director Company Registration No. 12199595
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Acquirz Ltd Notes to the Accounts for the period from 10 September 2019 to 30 September 2020
1
Statutory information
Acquirz Ltd is a private company, limited by shares, registered in England and Wales, registration number 12199595. The registered office is 1 ROCKFIELD BUSINESS PARK OLD STATION DR, LECKHAMPTON, CHELTENHAM, GL53 0AN, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
10% straight line
Computer equipment
10% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill; intellectual property and associated rights and patents) are included at cost less accumulated amortisation. Intellectual property and associated rights are not amortised.
Pension costs
The company operates the NEST scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Other 
£ 
Cost
At 10 September 2019
- 
Additions
25,000 
At 30 September 2020
25,000 
Amortisation
At 10 September 2019
- 
At 30 September 2020
- 
Net book value
At 30 September 2020
25,000 
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Acquirz Ltd Notes to the Accounts for the period from 10 September 2019 to 30 September 2020
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 10 September 2019
- 
- 
- 
Additions
5,311 
2,832 
8,143 
At 30 September 2020
5,311 
2,832 
8,143 
Depreciation
Charge for the period
531 
283 
814 
At 30 September 2020
531 
283 
814 
Net book value
At 30 September 2020
4,780 
2,549 
7,329 
6
Inventories
2020 
£ 
Work in progress
10,000 
10,000 
Work in progress includes all work completed but not yet invoiced at year end.
7
Debtors: amounts falling due within one year
2020 
£ 
Other debtors
227 
8
Creditors: amounts falling due within one year
2020 
£ 
VAT
5,664 
Taxes and social security
4,964 
Other creditors
2,487 
Loans from directors
7,395 
Accruals
4,474 
24,984 
9
Creditors: amounts falling due after more than one year
2020 
£ 
Bank loans
50,000 
10
Average number of employees
During the period the average number of employees was 2.
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