IRIS Accounts Production v23.2.0.158 02035000 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh020350002022-07-31020350002023-07-31020350002022-08-012023-07-31020350002021-07-31020350002021-08-012022-07-31020350002022-07-3102035000ns10:Originalns15:EnglandWales2022-08-012023-07-3102035000ns14:PoundSterlingns10:Original2022-08-012023-07-3102035000ns10:Originalns10:Director12022-08-012023-07-3102035000ns10:Original2022-08-012023-07-3102035000ns10:Original2023-07-3102035000ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3102035000ns10:Originalns10:SmallEntities2022-08-012023-07-3102035000ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3102035000ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3102035000ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3102035000ns10:Originalns10:FullAccounts2022-08-012023-07-3102035000ns10:Originalns10:Director22022-08-012023-07-3102035000ns10:Originalns10:RegisteredOffice2022-08-012023-07-3102035000ns10:Original2022-07-3102035000ns10:Originalns5:CurrentFinancialInstruments2023-07-3102035000ns10:Originalns5:CurrentFinancialInstruments2022-07-3102035000ns10:Originalns5:Non-currentFinancialInstruments2023-07-3102035000ns10:Originalns5:Non-currentFinancialInstruments2022-07-3102035000ns5:ShareCapitalns10:Original2023-07-3102035000ns5:ShareCapitalns10:Original2022-07-3102035000ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3102035000ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3102035000ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-08-012023-07-3102035000ns10:Originalns5:PlantMachinery2022-08-012023-07-3102035000ns10:Originalns5:FurnitureFittings2022-08-012023-07-3102035000ns10:Originalns5:MotorVehicles2022-08-012023-07-3102035000ns10:Original2021-08-012022-07-3102035000ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-07-3102035000ns10:Originalns5:PlantMachinery2022-07-3102035000ns10:Originalns5:FurnitureFittings2022-07-3102035000ns10:Originalns5:MotorVehicles2022-07-3102035000ns10:Original2022-07-3102035000ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2023-07-3102035000ns10:Originalns5:PlantMachinery2023-07-3102035000ns10:Originalns5:FurnitureFittings2023-07-3102035000ns10:Originalns5:MotorVehicles2023-07-3102035000ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-07-3102035000ns10:Originalns5:PlantMachinery2022-07-3102035000ns10:Originalns5:FurnitureFittings2022-07-3102035000ns10:Originalns5:MotorVehicles2022-07-3102035000ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3102035000ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 02035000 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

A.C.C. (FLOORING) LIMITED

A.C.C. (FLOORING) LIMITED (REGISTERED NUMBER: 02035000)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.C.C. (FLOORING) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Karen Virginia Rhodes
Jonathan Fearnley Rhodes





REGISTERED OFFICE: Unit 1A
Woodvale Workshops
Thornhill Beck Lane
Brighouse
HD6 4AH





REGISTERED NUMBER: 02035000 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
First Floor Offices, Unit A4
Old Power Way
Lowfields Business Park
Elland
HX5 9DE

A.C.C. (FLOORING) LIMITED (REGISTERED NUMBER: 02035000)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 121,972 98,139

CURRENT ASSETS
Stocks 8,000 10,000
Debtors 5 218,736 260,635
Cash at bank and in hand 1,134,016 582,130
1,360,752 852,765
CREDITORS
Amounts falling due within one year 6 445,577 253,576
NET CURRENT ASSETS 915,175 599,189
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,037,147

697,328

CREDITORS
Amounts falling due after more than
one year

7

(13,571

)

-

PROVISIONS FOR LIABILITIES (15,973 ) (6,373 )
NET ASSETS 1,007,603 690,955

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Profit and loss account 1,006,603 689,955
1,007,603 690,955

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

A.C.C. (FLOORING) LIMITED (REGISTERED NUMBER: 02035000)

BALANCE SHEET - continued
31 JULY 2023


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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2023 and were signed on its behalf by:





Jonathan Fearnley Rhodes - Director


A.C.C. (FLOORING) LIMITED (REGISTERED NUMBER: 02035000)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

A.C.C. (Flooring) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property lease
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

FINANCIAL INSTRUMENTS
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

A.C.C. (FLOORING) LIMITED (REGISTERED NUMBER: 02035000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

2. ACCOUNTING POLICIES - continued

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

PROVISIONS
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 13 ) .

A.C.C. (FLOORING) LIMITED (REGISTERED NUMBER: 02035000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 August 2022 11,336 51,695 31,892 235,700 330,623
Additions - 7,088 - 66,280 73,368
Disposals - - - (62,680 ) (62,680 )
At 31 July 2023 11,336 58,783 31,892 239,300 341,311
DEPRECIATION
At 1 August 2022 9,092 47,654 31,711 144,027 232,484
Charge for year 281 1,533 181 47,540 49,535
Eliminated on disposal - - - (62,680 ) (62,680 )
At 31 July 2023 9,373 49,187 31,892 128,887 219,339
NET BOOK VALUE
At 31 July 2023 1,963 9,596 - 110,413 121,972
At 31 July 2022 2,244 4,041 181 91,673 98,139

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 209,398 251,086
Other debtors 9,338 9,549
218,736 260,635

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 10,849 -
Trade creditors 99,902 82,240
Taxation and social security 217,527 156,189
Other creditors 117,299 15,147
445,577 253,576

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 13,571 -

A.C.C. (FLOORING) LIMITED (REGISTERED NUMBER: 02035000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 24,420 -

9. OTHER FINANCIAL COMMITMENTS

The company had total commitments at the balance sheet date of £9,500 (2022 - £9,000).