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REGISTERED NUMBER: 12436578 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

ACORN WAY LIMITED

ACORN WAY LIMITED (Registered number: 12436578)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACORN WAY LIMITED

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mr Dean John Tiplady





REGISTERED OFFICE: SUITE 4102, CHARLOTTE HOUSE
QUEENS DOCK BUSINESS CENTRE
NORFOLK STREET
LIVERPOOL
Merseyside
L1 0BG





REGISTERED NUMBER: 12436578 (England and Wales)





ACCOUNTANTS: DBS Corporate Accountants
Suite 4102, Charlotte House
Queens Dock Business Centre
67-83 Norfolk Street
Liverpool
Merseyside
L1 0BG

ACORN WAY LIMITED (Registered number: 12436578)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 681,900 575,900

CURRENT ASSETS
Cash at bank 70,562 3,759

CREDITORS
Amounts falling due within one year 5 20,079 17,892
NET CURRENT ASSETS/(LIABILITIES) 50,483 (14,133 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

732,383

561,767

CREDITORS
Amounts falling due after more than
one year

6

712,445

544,290
NET ASSETS 19,938 17,477

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,838 17,377
19,938 17,477

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

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

ACORN WAY LIMITED (Registered number: 12436578)

Balance Sheet - continued
31 January 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2024 and were signed by:





Mr Dean John Tiplady - Director


ACORN WAY LIMITED (Registered number: 12436578)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

ACORN WAY 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 amounts derived from the services provided by the company falling within its ordinary activities, 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.

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.

3. EMPLOYEES AND DIRECTORS

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

ACORN WAY LIMITED (Registered number: 12436578)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 February 2023 575,900
Additions 106,000
At 31 January 2024 681,900
NET BOOK VALUE
At 31 January 2024 681,900
At 31 January 2023 575,900

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 10,665 10,665
Trade creditors 1,609 (1 )
Taxation and social security 7,805 7,228
20,079 17,892

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans 26,279 37,537
Other creditors 686,166 506,753
712,445 544,290

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 303,079 319,060