**������������������� UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 13th  August 2023 TO 12th AUGUST 2024** 

8 Riverdale Lane Saintfield Ballynahinch Co. Down BT24 7JG 



**������������������� Unaudited Financial Statements For the Period 13th AUGUST 2023 to 12th AUGUST 2024** 

## **Contents** 

||**Page**|
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|Information||
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**������������������� ������������������������������ F�������������� �3th AUGUST 2023 TO 12th AUGUST 2024** 

## **��������** 

**��������** Mr Michael Holden MBE **�������������** Mr Graham Kenny **Registered Office** 8 Riverdale Lane Saintfield Ballynahinch Co. Down BT24 7JG 

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## **������������������� Treasurer's Report For the Period 13th August���23 to 12th August 2024** 

In accordance with the engagement letter dated �3��8���20, I have�compiled the financial statements of the ��������������� from the accounting records and information and explanations you have given to us. 

This report is made to the �������� in accordance with the terms of our engagement. My work has been undertaken to prepare for approval by� the �������������������������To the fullest extent permitted by law, we do not accept or�assume responsibility to anyone other than the ������������������������������� for our work or for this report. 

You have acknowledged on the balance sheet as at period ended 12 August 20�3 your duty to ensure that the ��������������� has kept proper� accounting records and to prepare financial statements that give a true and fair view. You consider that the�company is exempt from the statutory requirement for an audit for the year. 

I have not been instructed to carry out an audit of the financial statements. For this reason, I have not verified the accuracy or� completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on� the financial statements. 


## **10th December 2024** 

Mr Gavin Dunlop 

Treasurer 


Mr Michael Holden MBE Chairman 22nd January 2025 

Page � 



## **������������������� Profit and Loss Account For the Period 13th�August 2022 to 12th August 2024** 

|**TURNOVER**<br>Expediture<br>Cost of sales<br>Depreciation and other amounts written off assets<br>Donationsand grantsreceived<br>**PROFIT/(LOSS) BEFORE TAXATION**<br>Tax<br>**NET PROFIT/(LOSS)**|**12 Aug 2024**<br>**£**<br>192,824<br>(114,493)<br>(41,055)<br>(56,015)<br>133,442<br>14,703<br>14,703<br>33,442|**12 Aug 2023**<br>**£**<br>495,374<br>(200,275)<br>(112,030)<br>-<br>133,442|
|---|---|---|
|||(35,790)|
|||(35,790)|



Page�� 



## **Profit and Loss** 

## **AccessoLoo** 

## **For the period 13 August 2023 to 12 August 2024** 

||**13 Aug 2023-12**|
|---|---|
||**Aug 2024**|
|**Turnover**||
|GB Sales|40,105.00|
|IE Sales|73,399.64|
|Interest Income|0|
|NI Sales|73,319.87|
|Revolut Merchant Payments|0.00|
|**Total** **Turnover**|**192,824.51**|
|**Cost** **of** **Sales**||
|Cost of Goods Sold|3,033.32|
|Direct Expenses|888.94|
|Direct Wages|23,312.40|
|Volunteer Expenses|13,820.63|
|**Total** **Cost** **of** **Sales**|**41,055.29**|
|**Gross** **Profit**|**151,769.22**|
|**Administrative** **Costs**||
|Advertising & Marketing|8,571.77|
|Audit & Accountancy fees|60.00|
|Bank Fees|45.00|
|Bank Revaluations|(3.83)|
|Charitable and Political Donations|(3,060.00)|
|Cleaning|511.73|
|Consulting|6,250.00|
|Consumables|3,907.48|
|Directors' Remuneration|1,161.60|
|Employers National Insurance|2,147.36|
|Entertainment-100% business|1,368.96|
|Equipment Purchase|648.89|
|Fuel Euro|25.41|
|Fuel STG|14,101.63|
|General Expenses|5,802.54|
|Insurance|2,107.00|
|IT Software and Consumables|1,541.19|
|Legal Expenses|6,849.00|
|Light, Power, Heating Office|449.53|
|Light, Pwer, Heating & Water Warehouse|1,599.71|
|Motor Vehicle Expenses|1,615.60|
|Operating Lease Payments|2,300.67|
|Pensions Costs|5,350.34|
|Postage, Freight & Courier|3,943.20|
|Printing & Stationery|107.13|



Profit and Loss AccessoLoo 12 Aug 2023 

Page 1 of 2 



Profit and Loss 

||**13** **AUG** **2023-12**|
|---|---|
||**AUG** **2024**|
|||
|Realised Currency Gains|1.48|
|Rent & Rates|12,019.03|
|Repairs & Maintenance|2,095.36|
|Research & Development|(7,874.48)|
|Revolut Merchant Fees|9.90|
|Salaries|18,260.50|
|Staff Training|1,664.67|
|Subscriptions|424.99|
|Telephone & Internet|2,393.98|
|Travel - International|1,389.81|
|Travel - National|11,745.94|
|Travel & Subsistence Ireland|5,094.05|
|Unrealised Currency Gains|(12.39)|
|Vehicle Tax (Road Tax)|228.00|
|**Total** **Administrative** **Costs**|**114,493.82**|
|**Operating** **Profit**|**37,275.40**|
|**Other** **Income**||
|Donations received|14,108.26|
|Grants|19,333.75|
|**Total** **Other** **Income**|**33,442.01**|
|**Profit** **on** **Ordinary** **Activities** **Before** **Taxation**|**70,717.41**|
|**Profit** **after** **Taxation**|**70,717.41**|



Profit and Loss AccessoLoo 12 Aug 2023 

Page 2 of 2 



## **Balance Sheet** 

## **AccessoLoo As at 12 August 2023** 

|**Balance** **Sheet**<br>**AccessoLoo**<br>**As** **at** **12** **August** **2023**|**Balance** **Sheet**<br>**AccessoLoo**<br>**As** **at** **12** **August** **2023**|
|---|---|
|**12 AUG** **2023**||
|**Fixed Assets**||
||**Tangible Assets**|
||Computer Equipment<br>1,860.29|
||Less Accumulated Depreciation on Computer Equipment<br>(507.00)|
||Less Accumulated Depreciation on Motor Vehicles<br>(82,145.00)|
||Less Accumulated Depreciation on Plant and Machinery<br>(29,378.00)|
||Motor Vehicles<br>259,154.40|
||Office Equipment<br>2,355.93|
||Plant & Machinery<br>48,504.34|
||**Total Tangible Assets**<br>**199,844.96**|
|**Total Fixed Assets**<br>**199,844.96**<br>**Current Assets**||
||**Cash at bank and in hand**|
||BUSINESS CURRENT ACCOUNT<br>24,811.79|
||King and Gowdy<br>536.35|
||Revolut EUR<br>26.55|
||Revolut Eur DNU<br>1,865.75|
||Revolut EUR Main<br>454.72|
||Revolut GBP<br>12,543.02|
||Revolut USD Main<br>379.14|
||Santander Savings ...2402<br>8,071.15|
||**Total Cash at bank and in hand**<br>**48,688.47**|
||Accounts Receivable<br>6,569.27|
||Inventory<br>7,300.00|
||IT Hardware<br>0.21|
||Other Debtor<br>181.00|
||Prepayments<br>4,996.23|
||Prepayments EUR<br>3,170.37|
||Pro Kinetic Loan<br>0.40|
|**Total Current Assets**<br>**70,905.95**<br>**Creditors: amounts falling due withinone year**||
|Accounts Payable<br>99,408.84||
|Accruals<br>11,581.00||
|Cash<br>60.00||
|Directors' Loan Account<br>124,206.79||
|Hire Purchase - HRZ9384<br>0.43||
|HP - BSZ8970<br>0.24||
|LFT Grant<br>4,200.00||
|other creditors<br>744.00||
|PAYE Payable<br>1,837.34||



Page 1 of 2 

Balance Sheet AccessoLoo 12 Aug 2023 



Balance Sheet 

||**12 AUG** **2023**|
|---|---|
|||
|Pensions Payable|847.38|
|Provision for Corporation Tax|1,731.00|
|Revolut GBP DNU|4,908.16|
|Revolut USD|122.56|
|Rounding|138.49|
|Turkish Lira|14.80|
|VAT|(9,415.04)|
|Wages Payable - Payroll|18,877.02|
|**Total Creditors: amounts falling due within one year**|**259,263.01**|
|**Net Current Assets (Liabilities)**|**(188,357.06)**|
|**Total Assets less Current Liabilities**|**11,487.90**|
|**Creditors: amounts falling due after more than one year**||
|Irish Revenue Commissioner|417.33|
|Loan|14,437.26|
|**Total Creditors: amounts falling due after more than one year**|**14,854.59**|
|**Net Assets**|**(3,366.69)**|
|**Capital and Reserves**||
|Capital - x,xxx Ordinary Shares|1.00|
|Current Year Earnings|24,520.73|
|Retained Earnings|(95,515.42)|
|Revaluation Reserve|67,627.00|
|**Total Capital and Reserves**|**(3,366.69)**|



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Balance Sheet AccessoLoo 12 Aug 2023