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REGISTERED NUMBER: 00900220 (England and Wales)
















ACRIVARN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024






ACRIVARN LIMITED (REGISTERED NUMBER: 00900220)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACRIVARN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2024







DIRECTORS: S L Cope
K L Worsnop





SECRETARY: S L Cope





REGISTERED OFFICE: Unit 1B
Crescent Trading Estate
Dewbury Road
Leeds
LS11 5LQ





REGISTERED NUMBER: 00900220 (England and Wales)





ACCOUNTANTS: UHY BPR Heaton
Chartered Accountants
Glenewes House
Gate Way Drive
Leeds
West Yorkshire
LS19 7XY

ACRIVARN LIMITED (REGISTERED NUMBER: 00900220)

BALANCE SHEET
5 APRIL 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 393,890 324,438
393,890 324,438

CURRENT ASSETS
Stocks 267,958 229,714
Debtors 6 495,440 435,232
Cash at bank and in hand 678,365 497,501
1,441,763 1,162,447
CREDITORS
Amounts falling due within one year 7 975,184 806,157
NET CURRENT ASSETS 466,579 356,290
TOTAL ASSETS LESS CURRENT
LIABILITIES

860,469

680,728

PROVISIONS FOR LIABILITIES 68,495 46,921
NET ASSETS 791,974 633,807

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Share premium 128 128
Retained earnings 786,846 628,679
SHAREHOLDERS' FUNDS 791,974 633,807

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 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.

ACRIVARN LIMITED (REGISTERED NUMBER: 00900220)

BALANCE SHEET - continued
5 APRIL 2024


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 18 July 2024 and were signed on its behalf by:





S L Cope - Director


ACRIVARN LIMITED (REGISTERED NUMBER: 00900220)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1. STATUTORY INFORMATION

Acrivarn 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 presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of goods, excluding value added tax, together with the movement in amounts recoverable on contracts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business, has now been amortised in full previously being written off evenly over its estimated useful life.


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.
Plant and machinery - 20% on reducing balance and 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

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

Financial assets and liabilities are initially measured at transaction price, except for those financial assets classified as at fair value through profit or loss.

Basic financial instruments
Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors and trade creditors.

Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.


ACRIVARN LIMITED (REGISTERED NUMBER: 00900220)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 6 April 2023
and 5 April 2024 20,000
AMORTISATION
At 6 April 2023
and 5 April 2024 20,000
NET BOOK VALUE
At 5 April 2024 -
At 5 April 2023 -

ACRIVARN LIMITED (REGISTERED NUMBER: 00900220)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 6 April 2023 26,451 746,039 772,490
Additions - 213,877 213,877
Disposals - (173,470 ) (173,470 )
At 5 April 2024 26,451 786,446 812,897
DEPRECIATION
At 6 April 2023 - 448,052 448,052
Charge for year - 38,778 38,778
Eliminated on disposal - (67,823 ) (67,823 )
At 5 April 2024 - 419,007 419,007
NET BOOK VALUE
At 5 April 2024 26,451 367,439 393,890
At 5 April 2023 26,451 297,987 324,438

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 122,732 167,495
Amounts recoverable on contract 354,835 250,428
Other debtors 17,873 17,309
495,440 435,232

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 225,549 278,074
Amounts owed to group undertakings 56,054 56,731
Taxation and social security 108,008 126,967
Other creditors 585,573 344,385
975,184 806,157

Certain creditors who have supplied goods to the company under a reservation of title clause may have a charge on such goods included in the stock of the Company. It is not practicable to quantify the amount secured.

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£ £
Within one year 99,000 99,000
Between one and five years 148,500 247,500
247,500 346,500