ACCA RUSSIA LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Thomson Cooper, Statutory Auditors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements the company's directors have a reasonable expectation that the company will be able to continue in operational existence for the foreseeable future and that there are no material uncertainties about its ability to continue as a going concern.”

Significant events

• “Up until the start of the Russia/Ukraine conflict in February 2022, the company's principal activity was to provide service and support to ACCA members, affiliates and students and to contribute to the development of the accountancy profession and qualification within Russia. As a result of the conflict many countries in the world, including the United Kingdom, imposed sanctions on Russia which limited the company's activities in the region. During 2022, the directors reviewed the sanctions imposed and agreed that it was not possible to continue to operate the office in Russia without breaching sanctions which would be reputationally damaging to ACCA. Therefore in March 2022 the operations of the Russian branch were closed and the staff made redundant. The branch was essentially mothballed and an arrangement was put in place with a Russian third-party professional services company to undertake the minimum amount of activities to meet local statutory, tax and accounting compliance requirements. During the year the company continued to meet its local obligations and it was confirmed by the Export Control Joint Unit that the company did not require a licence to contract with the third party who provides those services. In January 2025, ACCA approved: and began the deregistration of he Russian branch and this was formally, concluded after the year-end in June 2025.”
• “The cost of living crisis, inflation and other macro-economic issues have impacted the global economy. They have impacted the company with regards to all the above-mentioned risks in the following ways: Credit risk - due to inflationary pressures and other macroeconomic issues there has been a risk that customers would be unable to pay invoices resulting in an increase in bad debts. Liquidity risk - due to a reduction in income ACCA may have to utilise cash reserves and investments sooner than expected which could lead to short-term cash shortages within the ACCA group. ACCA has updated its plans and taken steps to mitigate this risk. Market risk - the uncertainty with regards to how businesses will interact with each other in the future has led to stock market volatility and currency fluctuations. The company bills in RUB and benefits from the centralised treasury function which includes a diversified investment strategy aimed to reduce volatility and mitigate the risk.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -34%

  £48,745 → £32,184

• Net assets

  -27%

  £23,061 → £16,825

• Employees

  —

  Not reported

• Profit before tax

  -102.9%

  £149,961 → -£4,419

• Wages

  -99.3%

  £837 → £6

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers