Company Registration No. 06916498 (England and Wales)
Acorn Horticulture Limited
Unaudited accounts
for the year ended 30 September 2024
Acorn Horticulture Limited
Unaudited accounts
Contents
Acorn Horticulture Limited
Company Information
for the year ended 30 September 2024
Directors
James Sloane
James Sloane
Company Number
06916498 (England and Wales)
Acorn Horticulture Limited
Statement of financial position
as at 30 September 2024
Tangible assets
35,252
75,367
Inventories
324,956
257,820
Cash at bank and in hand
129,811
193,610
Creditors: amounts falling due within one year
(403,470)
(275,112)
Net current assets
191,037
200,227
Total assets less current liabilities
226,289
275,594
Creditors: amounts falling due after more than one year
(98,333)
(217,020)
Called up share capital
1,000
1,000
Profit and loss account
126,956
57,574
Shareholders' funds
127,956
58,574
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by
James Sloane
Director
Company Registration No. 06916498
Acorn Horticulture Limited
Notes to the Accounts
for the year ended 30 September 2024
Acorn Horticulture Limited is a private company, limited by shares, registered in England and Wales, registration number 06916498.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 October 2023
17,191
120,471
137,662
Disposals
-
(44,500)
(44,500)
At 30 September 2024
17,191
75,971
93,162
At 1 October 2023
-
62,295
62,295
Charge for the year
-
4,515
4,515
On disposals
-
(8,900)
(8,900)
At 30 September 2024
-
57,910
57,910
At 30 September 2024
17,191
18,061
35,252
At 30 September 2023
17,191
58,176
75,367
Acorn Horticulture Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
139,740
20,216
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
72,929
32,500
Trade creditors
125,373
107,395
Taxes and social security
56,793
20,170
Other creditors
86,306
115,047
Loans from directors
47,287
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).