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Company Registration No. 11989524 (England and Wales)
Acquester Ltd Unaudited accounts for the year ended 31 May 2024
Acquester Ltd Unaudited accounts Contents
Page
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Acquester Ltd Company Information for the year ended 31 May 2024
Directors
Mr Ian Lightfoot Ms Joanne Summers
Company Number
11989524 (England and Wales)
Registered Office
19 ANGUS GROVE MIDDLEWICH CHESHIRE CW10 9GR UNITED KINGDOM
Accountants
Ciara Hamilton - CHN Accounting Trevors Close Farm Dark Lane Gawsworth, Macclesfield Cheshire SK11 9QZ
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Acquester Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,000 
21,400 
Current assets
Debtors
1,073 
479 
Cash at bank and in hand
6,706 
4,551 
7,779 
5,030 
Creditors: amounts falling due within one year
(74,622)
(69,362)
Net current liabilities
(66,843)
(64,332)
Total assets less current liabilities
(59,843)
(42,932)
Creditors: amounts falling due after more than one year
(10,844)
(14,888)
Net liabilities
(70,687)
(57,820)
Capital and reserves
Profit and loss account
(70,687)
(57,820)
Shareholders' funds
(70,687)
(57,820)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by
Mr Ian Lightfoot Director Company Registration No. 11989524
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Acquester Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Acquester Ltd is a private company, limited by shares, registered in England and Wales, registration number 11989524. The registered office is 19 ANGUS GROVE, MIDDLEWICH, CHESHIRE, CW10 9GR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
63,350 
2,250 
65,600 
At 31 May 2024
63,350 
2,250 
65,600 
Depreciation
At 1 June 2023
42,512 
1,688 
44,200 
Charge for the year
13,838 
562 
14,400 
At 31 May 2024
56,350 
2,250 
58,600 
Net book value
At 31 May 2024
7,000 
- 
7,000 
At 31 May 2023
20,838 
562 
21,400 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
1,073 
479 
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Acquester Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,209 
2,059 
VAT
1,046 
1,662 
Taxes and social security
41 
131 
Other creditors
- 
897 
Loans from directors
65,326 
64,613 
74,622 
69,362 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,844 
14,888 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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