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REGISTERED NUMBER: 04568494 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Aceda Limited

Aceda Limited (Registered number: 04568494)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aceda Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: C N Harker
P D Warnes
Mrs S Harker
M Lynch





SECRETARY: Mrs S Harker





REGISTERED OFFICE: 1st Floor, Tees House
Trenchard Avenue
Thornaby
Stockton-on-Tees
TS17 0WQ





REGISTERED NUMBER: 04568494 (England and Wales)





ACCOUNTANTS: Little & Neal
37-38 Market Street
Ferryhill
Co. Durham
DL17 8JH

Aceda Limited (Registered number: 04568494)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 4,572
Tangible assets 5 233,831 103,141
Investments 6 1,530 1,530
235,362 109,243

CURRENT ASSETS
Stocks 69,116 354,758
Debtors 7 421,407 342,673
Cash at bank and in hand 858,489 379,231
1,349,012 1,076,662
CREDITORS
Amounts falling due within one year 8 976,600 719,984
NET CURRENT ASSETS 372,412 356,678
TOTAL ASSETS LESS CURRENT
LIABILITIES

607,774

465,921

CREDITORS
Amounts falling due after more than one
year

9

106,619

52,709
NET ASSETS 501,155 413,212

CAPITAL AND RESERVES
Called up share capital 106,502 106,502
Retained earnings 394,653 306,710
SHAREHOLDERS' FUNDS 501,155 413,212

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Aceda Limited (Registered number: 04568494)

Balance Sheet - continued
30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 December 2023 and were signed on its behalf by:





C N Harker - Director


Aceda Limited (Registered number: 04568494)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Aceda 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over six years from the date of transition to FRS 102.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on cost and in accordance with the property

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Aceda Limited (Registered number: 04568494)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 38 (2022 - 35 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 100,000
AMORTISATION
At 1 October 2022 95,428
Charge for year 4,571
At 30 September 2023 99,999
NET BOOK VALUE
At 30 September 2023 1
At 30 September 2022 4,572

Aceda Limited (Registered number: 04568494)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2022 39,836 585,880 625,716
Additions - 205,721 205,721
Disposals (39,836 ) (108,770 ) (148,606 )
At 30 September 2023 - 682,831 682,831
DEPRECIATION
At 1 October 2022 39,835 482,740 522,575
Charge for year - 69,994 69,994
Eliminated on disposal (39,835 ) (103,734 ) (143,569 )
At 30 September 2023 - 449,000 449,000
NET BOOK VALUE
At 30 September 2023 - 233,831 233,831
At 30 September 2022 1 103,140 103,141

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 October 2022 177,414
Additions 168,478
Disposals (24,381 )
At 30 September 2023 321,511
DEPRECIATION
At 1 October 2022 108,633
Charge for year 50,635
Eliminated on disposal (20,288 )
At 30 September 2023 138,980
NET BOOK VALUE
At 30 September 2023 182,531
At 30 September 2022 68,781

Aceda Limited (Registered number: 04568494)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2022
and 30 September 2023 1,530
NET BOOK VALUE
At 30 September 2023 1,530
At 30 September 2022 1,530

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 397,789 325,586
Other debtors 23,618 17,087
421,407 342,673

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 10,055 10,055
Hire purchase contracts 63,364 37,425
Trade creditors 337,179 441,001
Taxation and social security 213,751 139,879
Other creditors 352,251 91,624
976,600 719,984

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 16,612 26,612
Hire purchase contracts 90,007 26,097
106,619 52,709