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REGISTERED NUMBER: 04618827 (England and Wales)







Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Acorn Health & Safety Ltd

Acorn Health & Safety Ltd (Registered number: 04618827)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Acorn Health & Safety Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr D L Street
Mrs S Street





SECRETARY: Mrs S Street





REGISTERED OFFICE: Tower Lane Business Park
Tower Lane
Warmley
Bristol
BS30 8XT





REGISTERED NUMBER: 04618827 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Acorn Health & Safety Ltd (Registered number: 04618827)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 7,000 10,500
Tangible assets 5 39,335 38,920
46,335 49,420

CURRENT ASSETS
Debtors 6 281,377 139,078
Cash at bank and in hand 423,725 521,640
705,102 660,718
CREDITORS
Amounts falling due within one year 7 (154,789 ) (184,873 )
NET CURRENT ASSETS 550,313 475,845
TOTAL ASSETS LESS CURRENT LIABILITIES 596,648 525,265

CREDITORS
Amounts falling due after more than one year 8 (15,833 ) (25,833 )

PROVISIONS FOR LIABILITIES (8,773 ) (6,427 )
NET ASSETS 572,042 493,005

CAPITAL AND RESERVES
Called up share capital 10 10 10
Retained earnings 572,032 492,995
SHAREHOLDERS' FUNDS 572,042 493,005

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

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

Acorn Health & Safety Ltd (Registered number: 04618827)

Balance Sheet - continued
30 November 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 30 August 2024 and were signed on its behalf by:





Mr D L Street - Director


Acorn Health & Safety Ltd (Registered number: 04618827)

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

1. STATUTORY INFORMATION

Acorn Health & Safety Ltd 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 2002, is being amortised evenly over its estimated useful life of ten years.

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.
Improvements to property - Revalued in line with FRS 15
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

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.

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.

Acorn Health & Safety Ltd (Registered number: 04618827)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 35,000
AMORTISATION
At 1 December 2022 24,500
Charge for year 3,500
At 30 November 2023 28,000
NET BOOK VALUE
At 30 November 2023 7,000
At 30 November 2022 10,500

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 16,412 25,440 40,240 41,273 123,365
Additions - - 82 3,899 3,981
At 30 November 2023 16,412 25,440 40,322 45,172 127,346
DEPRECIATION
At 1 December 2022 - 19,052 30,691 34,702 84,445
Charge for year - 958 1,432 1,176 3,566
At 30 November 2023 - 20,010 32,123 35,878 88,011
NET BOOK VALUE
At 30 November 2023 16,412 5,430 8,199 9,294 39,335
At 30 November 2022 16,412 6,388 9,549 6,571 38,920

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 117,373 137,823
Other debtors 163,600 1,100
Prepayments and accrued income 404 155
281,377 139,078

Acorn Health & Safety Ltd (Registered number: 04618827)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 18,731 27,816
Tax 42,619 50,553
Social security and other taxes 9,575 9,238
VAT 66,123 83,566
Other creditors 5,241 1,250
Accrued expenses 2,500 2,450
154,789 184,873

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 5,833 15,833
15,833 25,833

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 25,833 35,833

There is a fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures,fixed plant and machinery.

The remaining balance in 'Bank loans' relates to a Bounce Back Loan. The government has provided security for the full loan amount.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
10 Ordinary £1 10 10