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REGISTERED NUMBER: 10536441 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 June 2024

for

ACRESFIELD DEVELOPMENTS LIMITED

ACRESFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10536441)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ACRESFIELD DEVELOPMENTS LIMITED

Company Information
FOR THE YEAR ENDED 30 JUNE 2024







Director: Mr D Armstrong





Registered office: Hamill House
112-116 Chorley New Road
Bolton
Lancashire
BL1 4DH





Registered number: 10536441 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

ACRESFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10536441)

Balance Sheet
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109,599 146,328

CURRENT ASSETS
Debtors 5 343,891 378,500
Cash at bank 8,251 40,650
352,142 419,150
CREDITORS
Amounts falling due within one year 6 158,165 206,295
NET CURRENT ASSETS 193,977 212,855
TOTAL ASSETS LESS CURRENT
LIABILITIES

303,576

359,183

PROVISIONS FOR LIABILITIES 7 4,520 18,496
NET ASSETS 299,056 340,687

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 299,055 340,686
SHAREHOLDERS' FUNDS 299,056 340,687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 December 2024 and were signed by:





Mr D Armstrong - Director


ACRESFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10536441)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Acresfield Developments 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 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 - 33.3% on cost
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 1,044 193,048 194,092
DEPRECIATION
At 1 July 2023 848 46,916 47,764
Charge for year 196 36,533 36,729
At 30 June 2024 1,044 83,449 84,493
NET BOOK VALUE
At 30 June 2024 - 109,599 109,599
At 30 June 2023 196 146,132 146,328

ACRESFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 10536441)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors - 24,524
Amounts owed by group undertakings 343,729 346,718
Other debtors 162 7,258
343,891 378,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors - (265 )
Taxation and social security - 4,979
Other creditors 158,165 201,581
158,165 206,295

7. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 4,520 18,496

Deferred
tax
£   
Balance at 1 July 2023 18,496
Provided during year (13,976 )
Balance at 30 June 2024 4,520

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1 Ordinary 1 1 1

9. RELATED PARTY DISCLOSURES

Armstrong Properties (Northwest) Ltd.
During the period Mr M L Armstrong and Mr D Armstrong were directors of this company.
As at 30 June 2024 the amount owed to Armstrong Properties (Northwest) Ltd, was £80,000 (2023: £65,000)

Climate Change Professionals Limited.
During the year Mr D Armstrong was a director of this company.
As at 30 June 2024 the amount owed by Climate Change Professionals Limited was £0 (2023: £25,000).

Great Minds Property Limited
During the year Mr D Armstrong was a director of this company.
As at 30 June 2024 the amount owed by Great Minds Property Group Ltd was £263,729 (2023: £256,718)