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ACCESS UK CONNECT LTD - Company Information

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Access UK Connect Ltd

Registered Number:08915386

For the year ended 28 February 2023

England and Wales

Unaudited Financial Statements

Draft

For the year ended 28 February 2023

Access UK Connect Ltd

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

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Registered Number :

08915386

As at 28 February 2023

Access UK Connect Ltd

Statement of Financial Position

2022

2023

Notes

Current assets

Trade and other receivables

3,952

9,350

Cash and cash equivalents

1,546

10,896

4,035

Trade and other payables: amounts falling due within one year

(16,395)

(22,234)

(12,360)

(11,338)

Net current liabilities

Total assets less current liabilities

(11,338)

(12,360)

Trade and other payables: amounts falling due after more than one

year

(22,942)

(26,092)

(37,430)

Net liabilities

(35,302)

Capital and reserves

Called up share capital

20,000

Retained earnings

(57,430)

(55,302)

(37,430)

(35,302)

Shareholders' funds

For the year ended 28 February 2023 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006

The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Ms Kira Malysheva Director

These financial statements were approved and authorised for issue by the Board on 20 September 2023 and were signed by:

The notes form part of these financial statements

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For the year ended 28 February 2023

Access UK Connect Ltd

Notes to the Financial Statements

Statutory Information

Access UK Connect Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number

08915386.

Registered address:

6 St David's Square

Westferry Road

London

E14 3WA

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard

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

financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

33% Straight line

Computer equipment

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.

2. Property, plant and equipment

Computer

equipment

Cost or valuation

At 01 March 2022

1,973

At 28 February 2023

1,973

Provision for depreciation and impairment

At 01 March 2022

1,973

At 28 February 2023

1,973

At 28 February 2023

Net book value

At 28 February 2022

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For the year ended 28 February 2023

Access UK Connect Ltd

Notes to the Financial Statements Continued

3. Trade and other receivables

2022

2023

Trade debtors

9,350

Other debtors

3,952

9,350

4. Trade and other payables: amounts falling due within one year

2022

2023

Bank loans and overdraft

7,601

Taxation and social security

3,155

8,794

Directors' loan accounts

19,079

22,234

16,395

5. Trade and other payables: amounts falling due after more than one year

2022

2023

Bank loans and overdraft

26,092

22,942

6. Average number of persons employed

During the year the average number of employees was 0

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