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REGISTERED NUMBER: 07275199 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

ACPH Limited

ACPH Limited (Registered number: 07275199)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACPH Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs Barbara Ford
Mr David William Ford
Mr Philip Henry Ford
Miss Anna Caroline Ford





REGISTERED OFFICE: First Floor
14 Bavant Road
Brighton
East Sussex
BN1 6RD





REGISTERED NUMBER: 07275199 (England and Wales)





ACCOUNTANTS: Atkinsons
Chartered Accountants
Palmeira Avenue Mansions
19 Church Road
Hove
East Sussex
BN3 2FA

ACPH Limited (Registered number: 07275199)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,685,205 4,083,748
Investments 6 656,174 -
5,341,379 4,083,748

CURRENT ASSETS
Debtors 7 112,760 48,490
Cash at bank and in hand 695,977 290,032
808,737 338,522
CREDITORS
Amounts falling due within one year 8 1,203,944 615,272
NET CURRENT LIABILITIES (395,207 ) (276,750 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,946,172

3,806,998

CREDITORS
Amounts falling due after more than one
year

9

(971,711

)

-

PROVISIONS FOR LIABILITIES (30,092 ) (22,533 )
NET ASSETS 3,944,369 3,784,465

CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 3,944,264 3,784,360
SHAREHOLDERS' FUNDS 3,944,369 3,784,465

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

ACPH Limited (Registered number: 07275199)

Balance Sheet - continued
31 December 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 25 September 2024 and were signed on its behalf by:





Mr Philip Henry Ford - Director


ACPH Limited (Registered number: 07275199)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

ACPH 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 as modified by the revaluation of certain assets.

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, has been fully amortised over its estimated useful life of 10 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.
Plant and machinery - 33% on reducing balance
Motor vehicles - 25% on reducing balance

No depreciation is provided on freehold property as any depreciation charged would be immaterial to the
financial statements. Depreciation would be immaterial due to the high residual values of the assets which are ensured by a programme of repair and refurbishment (the cost of which is charged to the profit and loss account).

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

ACPH Limited (Registered number: 07275199)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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 203 (2022 - 187 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 2,000,000
AMORTISATION
At 1 January 2023
and 31 December 2023 2,000,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 January 2023 3,950,000 588,650 6,794 4,545,444
Additions 576,274 105,311 - 681,585
At 31 December 2023 4,526,274 693,961 6,794 5,227,029
DEPRECIATION
At 1 January 2023 - 455,179 6,517 461,696
Charge for year - 80,059 69 80,128
At 31 December 2023 - 535,238 6,586 541,824
NET BOOK VALUE
At 31 December 2023 4,526,274 158,723 208 4,685,205
At 31 December 2022 3,950,000 133,471 277 4,083,748

ACPH Limited (Registered number: 07275199)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 December 2023 is represented by:

Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
Valuation in 2020 522,525 - - 522,525
Valuation in 2021 (636,073 ) - - (636,073 )
Cost 4,639,822 693,961 6,794 5,340,577
4,526,274 693,961 6,794 5,227,029

The valuation of the freehold property was provided by the director, based on open market evidence of transactions in the area for similar properties.

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 656,174
At 31 December 2023 656,174
NET BOOK VALUE
At 31 December 2023 656,174

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 112,760 48,490

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 16,704 -
Deposits 285,420 247,305
Trade creditors 67,170 75,672
Taxation and social security 138,507 124,747
Other creditors 696,143 167,548
1,203,944 615,272

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 971,711 -

ACPH Limited (Registered number: 07275199)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Mrs Barbara Ford
Balance outstanding at start of year 3,491 67,259
Amounts advanced (509,275 ) -
Amounts repaid - (63,768 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (505,784 ) 3,491

11. RELATED PARTY DISCLOSURES

No other transactions with related parties were undertaken such as are required to be disclosed under Section 1A Small Entities of Financial Reporting Standard 102.