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REGISTERED NUMBER: 01602951 (England and Wales)
















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Acoustical Control Consultants Limited

Acoustical Control Consultants Limited (Registered number: 01602951)






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


Acoustical Control Consultants Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: R A Collman





REGISTERED OFFICE: Broadway
Bourn
Cambridge
CB23 2TA





REGISTERED NUMBER: 01602951 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Acoustical Control Consultants Limited (Registered number: 01602951)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,812 2,532

CURRENT ASSETS
Debtors 5 80,343 88,337
Cash at bank 31,025 20,194
111,368 108,531
CREDITORS
Amounts falling due within one year 6 47,267 40,997
NET CURRENT ASSETS 64,101 67,534
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,913

70,066

CREDITORS
Amounts falling due after more than one
year

7

(12,011

)

(22,604

)

PROVISIONS FOR LIABILITIES 9 (188 ) (290 )
NET ASSETS 53,714 47,172

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 53,514 46,972
SHAREHOLDERS' FUNDS 53,714 47,172

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.

Acoustical Control Consultants Limited (Registered number: 01602951)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2024 and were signed by:





R A Collman - Director


Acoustical Control Consultants Limited (Registered number: 01602951)

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

1. STATUTORY INFORMATION

Acoustical Control Consultants 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" 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.
Plant and machinery - 25% on reducing balance and 20% on cost

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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.


Acoustical Control Consultants Limited (Registered number: 01602951)

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

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Amounts recoverable on contracts
Amounts recoverable on long-term contracts, which are included in debtors, are stated at the net sales value of the work done. Turnover represents the value of the work performed at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2023
and 29 February 2024 96,415
DEPRECIATION
At 1 March 2023 93,883
Charge for year 720
At 29 February 2024 94,603
NET BOOK VALUE
At 29 February 2024 1,812
At 28 February 2023 2,532

Acoustical Control Consultants Limited (Registered number: 01602951)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 38,335 33,862
Amounts recoverable on contract 41,288 27,453
Other debtors 420 100
Due from related company - 25,643
VAT 141 488
Prepayments 159 791
80,343 88,337

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 29,968 16,311
Trade creditors 506 6,096
Social security and other taxes 1,998 2,096
Other creditors - 2,984
Amount owed to related company 3,369 4,200
Directors' current accounts 3,000 4,000
Accrued expenses 8,426 5,310
47,267 40,997

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans - 1-2 years 8,431 5,651
Bank loans - 2-5 years 3,580 16,953
12,011 22,604

8. SECURED DEBTS

The following secured debts are included within creditors:

29.2.24 28.2.23
£    £   
Bounce back loan 20,234 28,254

In July 2020 the company took out a bounce back loan for the sum of £40,545. The loan is a government backed loan in light of the Covid 19 pandemic. The loan is repayable by instalments, the first repayment commenced in August 2021. Interest is charged at the rate of 2.5% per annum.

9. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 188 290

Acoustical Control Consultants Limited (Registered number: 01602951)

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

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 March 2023 290
Accelerated capital allowance (102 )
Balance at 29 February 2024 188

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary A £1 100 100
100 Ordinary B £1 100 100
200 200

11. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £3,510 (2023: £3,706). The pension contributions outstanding at the year end were Nil (2023 - £2,984).