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REGISTERED NUMBER: 00841151 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

ACCEPTANCE COMPANY LIMITED

ACCEPTANCE COMPANY LIMITED (REGISTERED NUMBER: 00841151)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ACCEPTANCE COMPANY LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2023







DIRECTOR: Mrs P Byrne





SECRETARY: Ms S J Ware





REGISTERED OFFICE: Old Kingsland Cottage
Kingsland
Newdigate
Dorking
RH5 5DB





REGISTERED NUMBER: 00841151 (England and Wales)





ACCOUNTANTS: H & E Johnson
Chartered Accountants
Sandall House
230 High Street
Herne Bay
Kent
CT6 5AX

ACCEPTANCE COMPANY LIMITED (REGISTERED NUMBER: 00841151)

STATEMENT OF FINANCIAL POSITION
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,697 2,152

CURRENT ASSETS
Debtors 5 141,974 107,715
Cash at bank 392,777 493,178
534,751 600,893
CREDITORS
Amounts falling due within one year 6 23,761 71,378
NET CURRENT ASSETS 510,990 529,515
TOTAL ASSETS LESS CURRENT
LIABILITIES

512,687

531,667

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 512,387 531,367
SHAREHOLDERS' FUNDS 512,687 531,667

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 February 2024 and were signed by:





Mrs P Byrne - Director


ACCEPTANCE COMPANY LIMITED (REGISTERED NUMBER: 00841151)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Acceptance Company 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.

The company's usual place of business is Old Kingsland Cottage, Kingsland, Newdigate, Dorking RH5 5DB.

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.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 29,969
Additions 277
At 30 June 2023 30,246
DEPRECIATION
At 1 July 2022 27,817
Charge for year 732
At 30 June 2023 28,549
NET BOOK VALUE
At 30 June 2023 1,697
At 30 June 2022 2,152

ACCEPTANCE COMPANY LIMITED (REGISTERED NUMBER: 00841151)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 26,801 842
Other debtors 115,173 106,873
141,974 107,715

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 4,655 676
Taxation and social security 13,681 65,277
Other creditors 5,425 5,425
23,761 71,378