Silverfin false false 31/07/2023 01/08/2022 31/07/2023 Mrs S Lynes 10/02/2000 04 April 2024 The principal activity of the company during the financial year is that of natural burials. 03923162 2023-07-31 03923162 bus:Director1 2023-07-31 03923162 2022-07-31 03923162 core:CurrentFinancialInstruments 2023-07-31 03923162 core:CurrentFinancialInstruments 2022-07-31 03923162 core:ShareCapital 2023-07-31 03923162 core:ShareCapital 2022-07-31 03923162 core:CapitalRedemptionReserve 2023-07-31 03923162 core:CapitalRedemptionReserve 2022-07-31 03923162 core:RetainedEarningsAccumulatedLosses 2023-07-31 03923162 core:RetainedEarningsAccumulatedLosses 2022-07-31 03923162 core:LandBuildings 2022-07-31 03923162 core:OtherPropertyPlantEquipment 2022-07-31 03923162 core:LandBuildings 2023-07-31 03923162 core:OtherPropertyPlantEquipment 2023-07-31 03923162 bus:OrdinaryShareClass1 2023-07-31 03923162 2022-08-01 2023-07-31 03923162 bus:FilletedAccounts 2022-08-01 2023-07-31 03923162 bus:SmallEntities 2022-08-01 2023-07-31 03923162 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 03923162 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 03923162 bus:Director1 2022-08-01 2023-07-31 03923162 core:LandBuildings core:TopRangeValue 2022-08-01 2023-07-31 03923162 core:OtherPropertyPlantEquipment 2022-08-01 2023-07-31 03923162 2021-08-01 2022-07-31 03923162 core:LandBuildings 2022-08-01 2023-07-31 03923162 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 03923162 bus:OrdinaryShareClass1 2021-08-01 2022-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 03923162 (England and Wales)

ACORN RIDGE (NEWBURY) LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2023
Pages for filing with the registrar

ACORN RIDGE (NEWBURY) LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2023

Contents

ACORN RIDGE (NEWBURY) LIMITED

COMPANY INFORMATION

For the financial year ended 31 July 2023
ACORN RIDGE (NEWBURY) LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 July 2023
DIRECTOR Mrs S Lynes
SECRETARY Mrs S Lynes
REGISTERED OFFICE Yew Tree Farm Hatt Common
East Woodhay
Newbury
RG20 0NG
England
United Kingdom
COMPANY NUMBER 03923162 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
ACORN RIDGE (NEWBURY) LIMITED

BALANCE SHEET

As at 31 July 2023
ACORN RIDGE (NEWBURY) LIMITED

BALANCE SHEET (continued)

As at 31 July 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 21,481 22,767
21,481 22,767
Current assets
Debtors 4 21,191 22,487
Cash at bank and in hand 39,923 47,302
61,114 69,789
Creditors: amounts falling due within one year 5 ( 5,382) ( 15,637)
Net current assets 55,732 54,152
Total assets less current liabilities 77,213 76,919
Provision for liabilities ( 494) ( 659)
Net assets 76,719 76,260
Capital and reserves
Called-up share capital 6 100 100
Capital redemption reserve 1 1
Profit and loss account 76,618 76,159
Total shareholders' funds 76,719 76,260

For the financial year ending 31 July 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 financial statements of Acorn Ridge (Newbury) Limited (registered number: 03923162) were approved and authorised for issue by the Director on 04 April 2024. They were signed on its behalf by:

Mrs S Lynes
Director
ACORN RIDGE (NEWBURY) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
ACORN RIDGE (NEWBURY) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Acorn Ridge (Newbury) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Yew Tree Farm, Hatt Common, East Woodhay, Newbury, RG20 0NG.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line/ reducing balance basis over its expected useful life, as follows:

Land and buildings 50 years straight line
Plant and machinery etc. 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Tangible assets

Land and buildings Plant and machinery etc. Total
£ £ £
Cost
At 01 August 2022 20,975 24,654 45,629
At 31 July 2023 20,975 24,654 45,629
Accumulated depreciation
At 01 August 2022 1,676 21,186 22,862
Charge for the financial year 419 867 1,286
At 31 July 2023 2,095 22,053 24,148
Net book value
At 31 July 2023 18,880 2,601 21,481
At 31 July 2022 19,299 3,468 22,767

4. Debtors

2023 2022
£ £
Trade debtors 11,191 22,487
Prepayments 10,000 0
21,191 22,487

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 1,017 2,897
Corporation tax 1,362 7,298
Other taxation and social security 903 2,013
Other creditors 2,100 3,429
5,382 15,637

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

7. Related party transactions

Transactions with owners holding a participating interest in the entity

2023 2022
£ £
At the balance sheet date the amount due to/(from) associated companies totalled 0 729