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REGISTERED NUMBER: 08130201 (England and Wales)



















ACTON SERVICE CENTRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023






ACTON SERVICE CENTRE LIMITED (REGISTERED NUMBER: 08130201)

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


ACTON SERVICE CENTRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: V K Gami
K V Gami
D V Gami





REGISTERED OFFICE: 15 Bouverie Gardens
Harrow
Middlesex
HA3 0RQ





REGISTERED NUMBER: 08130201 (England and Wales)





ACCOUNTANTS: C. Jay & Co.
Chartered Certified Accountants
CJ House
99A Cobbold Road
London
NW10 9SL

ACTON SERVICE CENTRE LIMITED (REGISTERED NUMBER: 08130201)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 47,168 58,961
Tangible assets 5 11,191 11,979
58,359 70,940

CURRENT ASSETS
Stocks 10,813 11,565
Debtors 6 18,355 35,338
Cash at bank and in hand 178,361 86,116
207,529 133,019
CREDITORS
Amounts falling due within one year 7 115,788 106,592
NET CURRENT ASSETS 91,741 26,427
TOTAL ASSETS LESS CURRENT LIABILITIES 150,100 97,367

CREDITORS
Amounts falling due after more than one
year

8

29,167

54,167
NET ASSETS 120,933 43,200

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 120,913 43,180
SHAREHOLDERS' FUNDS 120,933 43,200

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.

ACTON SERVICE CENTRE LIMITED (REGISTERED NUMBER: 08130201)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:





V K Gami - Director


ACTON SERVICE CENTRE LIMITED (REGISTERED NUMBER: 08130201)

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


1. STATUTORY INFORMATION

Acton Service Centre 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.

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.

Leasehold is being amortised evenly over its estimated useful life of fifteen years.

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 - 33% on cost and 25% on reducing balance

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

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.

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

ACTON SERVICE CENTRE LIMITED (REGISTERED NUMBER: 08130201)

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


2. ACCOUNTING POLICIES - continued

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 8 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1 August 2022
and 31 July 2023 176,891
AMORTISATION
At 1 August 2022 117,930
Charge for year 11,793
At 31 July 2023 129,723
NET BOOK VALUE
At 31 July 2023 47,168
At 31 July 2022 58,961

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 August 2022 67,017
Additions 3,402
At 31 July 2023 70,419
DEPRECIATION
At 1 August 2022 55,038
Charge for year 4,190
At 31 July 2023 59,228
NET BOOK VALUE
At 31 July 2023 11,191
At 31 July 2022 11,979

ACTON SERVICE CENTRE LIMITED (REGISTERED NUMBER: 08130201)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 18,355 35,338

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 20,897 13,942
Taxation and social security 66,899 35,267
Other creditors 27,992 57,383
115,788 106,592

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 29,167 39,167
Other creditors - 15,000
29,167 54,167