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Registered number: 08020676
ACL GP LIMITED
ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2024
Prepared By:
McMillan Rose & Co Ltd
Chartered Certified Accountants
Haltgate House
52A Hullbridge Road
South Woodham Ferrers
Essex
CM3 5NH
ACL GP LIMITED
ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2024
DIRECTORS
D Beale
D Lowe
REGISTERED OFFICE
Unit 10A Clovelly Works
Chelmsford Road
Rawreth
Essex
SS11 8SY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08020676
ACCOUNTANTS
McMillan Rose & Co Ltd
Chartered Certified Accountants
Haltgate House
52A Hullbridge Road
South Woodham Ferrers
Essex
CM3 5NH
ACL GP LIMITED
ACCOUNTS
FOR THEYEARENDED30 APRIL 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
ACL GP LIMITED
BALANCE SHEET AT 30 April 2024
20242023
Notes££
FIXED ASSETS
Tangible assets337,81226,171
CURRENT ASSETS
Stock165,903194,930
Debtors585,406123,871
Cash at bank and in hand1,551,153994,153
1,802,4621,312,954
CREDITORS: Amounts falling due within one year6364,478178,069
NET CURRENT ASSETS1,437,9841,134,885
TOTAL ASSETS LESS CURRENT LIABILITIES1,475,7961,161,056
CREDITORS: Amounts falling due after more than one year79,81713,617
PROVISIONS FOR LIABILITIES AND CHARGES99,4536,634
NET ASSETS1,456,5261,140,805
CAPITAL AND RESERVES
Called up share capital10200200
Profit and loss account1,456,3261,140,605
SHAREHOLDERS' FUNDS1,456,5261,140,805
For the year ending 30 April 2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 27 November 2024 and signed on their behalf by
.............................
D Lowe
Director
.............................
D Beale
Director
ACL GP LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stock are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
1f. Revenue Recognition
Sales represents revenue earned under a wide variety of contracts to provide building services. Sales are recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to customers, including expenses and disbursements but excluding value added tax.
Sales are generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of sales reflects the accrual of the right to consideration by reference to the value of work performed. Sales not billed to customers is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.
Sales income that is contingent on events outside the control of the firm is recognised when the contingent event occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees66
ACL GP LIMITED
3. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 1 May 202382,36782,367
Additions24,24524,245
At 30 April 2024106,612106,612
Depreciation
At 1 May 202356,19656,196
For the year12,60412,604
At 30 April 202468,80068,800
Net Book Amounts
At 30 April 202437,81237,812
At 30 April 202326,17126,171
4. STOCK 20242023
££
Stock comprises:
Stock raw materials1,4001,500
Work in progress164,503193,430
165,903194,930
5. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors75,705116,221
Other debtors9,7017,650
85,406123,871
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Trade creditors114,78983,714
Taxation and social security237,56682,204
Other creditors12,12312,151
364,478178,069
ACL GP LIMITED
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Other creditors9,81713,617
9,81713,617
Included in other creditors are:
Obligations under hire purchase9,81713,617
8. SECURED CREDITORS
20242023
££
Amount of other creditors which are secured13,61717,417
These liabilities are secured on the assets that they relate to.
9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation9,4536,634
9,4536,634
10. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
200 Ordinary shares of £1 each200200
200200