Company Registration No. 11989524 (England and Wales)
Acquester Ltd
Unaudited accounts
for the year ended 31 May 2024
Acquester Ltd
Unaudited accounts
Contents
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
Acquester Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
7,000
21,400
Cash at bank and in hand
6,706
4,551
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)
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
Acquester Ltd
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 31 May 2024
7,000
-
7,000
At 31 May 2023
20,838
562
21,400
Amounts falling due within one year
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
Taxes and social security
41
131
Loans from directors
65,326
64,613
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).