ACORN HOLIDAY LETS LIMITED

Company Registration Number:
SC667746 (Scotland)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

ACORN HOLIDAY LETS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ACORN HOLIDAY LETS LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Mrs Lisa Hardie
Mr Neil Hardie
Registered office: 13
Brunstane Road
Edinburgh
GB-SCT
EH15 2EZ
Company Registration Number: SC667746 (Scotland)

ACORN HOLIDAY LETS LIMITED

Directors' Report Period Ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal Activities

The company's principal activity during this period was renting out a property which the company owns.

Directors

The directors shown below have held office during the whole of the period from 01 August 2022 to 31 July 2023
Mrs Lisa Hardie
Mr Neil Hardie

This report was approved by the board of directors on 10 March 2024
And Signed On Behalf Of The Board By:

Name: Mrs Lisa Hardie
Status: Director

ACORN HOLIDAY LETS LIMITED

Profit and Loss Account

for the Period Ended 31 July 2023


Notes

2023
£

2022
£
Turnover 9,900 9,900
Gross Profit or (Loss) 9,900 9,900
Administrative Expenses ( 2,741 ) ( 3,068 )
Operating Profit or (Loss) 7,159 6,832
Profit or (Loss) Before Tax 7,159 6,832
Tax on Profit ( 1,361 ) ( 528 )
Profit or (Loss) for Period 5,798 6,304

The notes form part of these financial statements

ACORN HOLIDAY LETS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 218,068 218,406
Total fixed assets: 218,068 218,406
Current assets
Cash at bank and in hand: 10,998 9,690
Total current assets: 10,998 9,690
Creditors: amounts falling due within one year: 5 ( 227,114 ) ( 227,511 )
Net current assets (liabilities): ( 216,116 ) ( 217,821 )
Total assets less current liabilities: 1,952 585
Total net assets (liabilities): 1,952 585

The notes form part of these financial statements

ACORN HOLIDAY LETS LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,852 485
Shareholders funds: 1,952 585

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 March 2024
And Signed On Behalf Of The Board By:

Name: Mrs Lisa Hardie
Status: Director

The notes form part of these financial statements

ACORN HOLIDAY LETS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ACORN HOLIDAY LETS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

ACORN HOLIDAY LETS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

ACORN HOLIDAY LETS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Land & buildings Fixtures & fittings Total
Cost £ £ £
At 01 August 2022 216,157 2,249 218,406
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 July 2023 216,157 2,249 218,406
Depreciation
At 01 August 2022 - - -
Charge for year - 338 338
On disposals - - -
Other adjustments - - -
At 31 July 2023 - 338 338
Net book value
At 31 July 2023 216,157 1,911 218,068
At 31 July 2022 216,157 2,249 218,406

ACORN HOLIDAY LETS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 1
Taxation and social security 1,224 525
Accruals and deferred income 1,095
Other creditors 225,890 225,890
Total 227,114 227,511

In preparing this section I followed what Gallone and Co accountants had submitted on 1 August 2021 to 31 July 2022 tax return, adding the total director's loan to the tax bill I am due to pay for that financial year ie £1224