Registered number: 08020676 | ||||||||
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 | ||||||||
REGISTERED OFFICE | ||||||||
Essex | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
1,802,462 | 1,312,954 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 1,134,885 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 9,817 | 13,617 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 9 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 10 | |||||||||
Profit and loss account | 1,456,326 | 1,140,605 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Equipment | reducing 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 | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 6 | |||||
ACL GP LIMITED | ||||||||
3. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery Etc. | Total | |||
£ | £ | |||
Cost | ||||
At 1 May 2023 | 82,367 | 82,367 | ||
Additions | 24,245 | 24,245 | ||
At 30 April 2024 | 106,612 | 106,612 | ||
Depreciation | ||||
At 1 May 2023 | 56,196 | 56,196 | ||
For the year | 12,604 | 12,604 | ||
At 30 April 2024 | 68,800 | 68,800 | ||
Net Book Amounts | ||||
At 30 April 2024 | 37,812 | 37,812 | ||
At 30 April 2023 | 26,171 | 26,171 | ||
4. STOCK | 2024 | 2023 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock raw materials | 1,400 | 1,500 | ||||
Work in progress | ||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | 75,705 | 116,221 | ||||||
Other debtors | 9,701 | 7,650 | ||||||
85,406 | 123,871 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Trade creditors | 114,789 | 83,714 | ||||||
Taxation and social security | 237,566 | 82,204 | ||||||
Other creditors | 12,123 | 12,151 | ||||||
364,478 | 178,069 | |||||||
ACL GP LIMITED | ||||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Other creditors | 9,817 | 13,617 | ||||||
9,817 | 13,617 | |||||||
Included in other creditors are: | ||||||||
Obligations under hire purchase | 9,817 | 13,617 | ||||||
8. SECURED CREDITORS | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Amount of other creditors which are secured | 13,617 | 17,417 | ||||||
These liabilities are secured on the assets that they relate to. | ||||||||
9. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 9,453 | 6,634 | ||||||
9,453 | 6,634 | |||||||
10. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
200 | 200 | |||||||
200 | 200 | |||||||