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REGISTERED NUMBER: 10606435 (England and Wales)


















Acrion Limited

Unaudited Financial Statements

for the Year Ended 29 February 2024






Acrion Limited (Registered number: 10606435)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Acrion Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr S Morris





REGISTERED OFFICE: Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF





REGISTERED NUMBER: 10606435 (England and Wales)





ACCOUNTANTS: AMS Accountancy Limited
Delta 606
Welton Road
Delta Office Park
Swindon
Wiltshire
SN5 7XF

Acrion Limited (Registered number: 10606435)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 15,559 19,886

CURRENT ASSETS
Debtors 5 12,657 3,201
Cash at bank 115,339 83,954
127,996 87,155
CREDITORS
Amounts falling due within one year 6 (19,669 ) (25,321 )
NET CURRENT ASSETS 108,327 61,834
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,886

81,720

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 123,786 81,620
SHAREHOLDERS' FUNDS 123,886 81,720

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Acrion Limited (Registered number: 10606435)

Balance Sheet - continued
29 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2024 and were signed by:





Mr S Morris - Director


Acrion Limited (Registered number: 10606435)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Acrion 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Acrion Limited (Registered number: 10606435)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 2,043 23,745 606 6,010 32,404
Additions - 276 815 3,183 4,274
Disposals (2,043 ) (228 ) (331 ) (4,968 ) (7,570 )
At 29 February 2024 - 23,793 1,090 4,225 29,108
DEPRECIATION
At 1 March 2023 204 6,711 234 5,369 12,518
Charge for year - 4,758 273 1,396 6,427
Eliminated on disposal (204 ) (91 ) (166 ) (4,935 ) (5,396 )
At 29 February 2024 - 11,378 341 1,830 13,549
NET BOOK VALUE
At 29 February 2024 - 12,415 749 2,395 15,559
At 28 February 2023 1,839 17,034 372 641 19,886

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,830 3,101
Other debtors 1,827 100
12,657 3,201

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 339 747
Trade creditors 158 -
Taxation and social security 19,172 11,911
Other creditors - 12,663
19,669 25,321

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

Acrion Limited (Registered number: 10606435)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
Mr S Morris
Balance outstanding at start of year - -
Amounts advanced 77 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 77 -