ACore Technical Limited 13862319 false 2022-01-20 2023-01-31 2023-01-31 The principal activity of the company is Construction and installation Digita Accounts Production Advanced 6.30.9574.0 true true 13862319 2022-01-20 2023-01-31 13862319 2023-01-31 13862319 core:CurrentFinancialInstruments 2023-01-31 13862319 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 13862319 bus:SmallEntities 2022-01-20 2023-01-31 13862319 bus:AuditExemptWithAccountantsReport 2022-01-20 2023-01-31 13862319 bus:FullAccounts 2022-01-20 2023-01-31 13862319 bus:SmallCompaniesRegimeForAccounts 2022-01-20 2023-01-31 13862319 bus:RegisteredOffice 2022-01-20 2023-01-31 13862319 bus:Director1 2022-01-20 2023-01-31 13862319 bus:PrivateLimitedCompanyLtd 2022-01-20 2023-01-31 13862319 countries:UnitedKingdom 2022-01-20 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 13862319

ACore Technical Limited

Annual Report and Unaudited Financial Statements

for the Period from 20 January 2022 to 31 January 2023

 

ACore Technical Limited
(Registration number: 13862319)

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

ACore Technical Limited
(Registration number: 13862319)

Company Information

Director

Mr Daniel Thomas-Stonehouse

Registered office

6 Fleetwood Close
March
Cambridgeshire
PE15 9NN

Registered number

13862319

 

ACore Technical Limited
(Registration number: 13862319)

Balance Sheet as at 31 January 2023

Note

2023
£

Current assets

 

Debtors

4

11,040

Creditors: Amounts falling due within one year

5

(13,127)

Net liabilities

 

(2,087)

Capital and Reserves

 

Retained Earnings

(2,087)

Shareholders' deficit

 

(2,087)

For the financial period ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 October 2023
 

.........................................
Mr Daniel Thomas-Stonehouse
Director

 

ACore Technical Limited
(Registration number: 13862319)

Notes to the Unaudited Financial Statements for the Period from 20 January 2022 to 31 January 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
6 Fleetwood Close
March
Cambridgeshire
PE15 9NN

These financial statements were authorised for issue by the director on 20 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

ACore Technical Limited
(Registration number: 13862319)

Notes to the Unaudited Financial Statements for the Period from 20 January 2022 to 31 January 2023

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 4.

 

ACore Technical Limited
(Registration number: 13862319)

Notes to the Unaudited Financial Statements for the Period from 20 January 2022 to 31 January 2023

4

Debtors

The directors have reviewed trade debtors for impairment and consider the impairment losses to be provided for the period are £Nil

All amounts are due within one year.

Current

2023
£

Trade Debtors

2,599

Other debtors

8,441

 

11,040

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

Due within one year

 

Loans and borrowings

4

Taxation and social security

 

12,403

Accruals and deferred income

 

1,200

Other creditors

 

(480)

 

13,127