Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302025-01-29truetrue2023-05-01falseNo description of principal activity33The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05608358 2023-05-01 2024-04-30 05608358 2022-05-01 2023-04-30 05608358 2024-04-30 05608358 2023-04-30 05608358 c:Director5 2023-05-01 2024-04-30 05608358 d:CurrentFinancialInstruments 2024-04-30 05608358 d:CurrentFinancialInstruments 2023-04-30 05608358 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 05608358 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 05608358 d:ShareCapital 2024-04-30 05608358 d:ShareCapital 2023-04-30 05608358 d:CapitalRedemptionReserve 2024-04-30 05608358 d:CapitalRedemptionReserve 2023-04-30 05608358 d:RetainedEarningsAccumulatedLosses 2024-04-30 05608358 d:RetainedEarningsAccumulatedLosses 2023-04-30 05608358 c:FRS102 2023-05-01 2024-04-30 05608358 c:Audited 2023-05-01 2024-04-30 05608358 c:FullAccounts 2023-05-01 2024-04-30 05608358 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05608358 c:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 05608358 6 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 05608358










ACORN ALUMINIUM HOLDINGS LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
ACORN ALUMINIUM HOLDINGS LIMITED
REGISTERED NUMBER:05608358

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
4,497,577
4,497,577

  
4,497,577
4,497,577

  

Creditors: amounts falling due within one year
 5 
(3,746,341)
(3,801,341)

Net current liabilities
  
 
 
(3,746,341)
 
 
(3,801,341)

Total assets less current liabilities
  
751,236
696,236

  

Net assets
  
751,236
696,236


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Capital redemption reserve
  
490,000
490,000

Profit and loss account
  
251,236
196,236

  
751,236
696,236


The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


................................................
R Johnson
Director

Date: 27 January 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
ACORN ALUMINIUM HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Acorn Aluminium Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 05608358. The registered office is Huxley Close, Wellingborough, Northamptonshire, NN8 6AB.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.4

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

 
Page 2

 
ACORN ALUMINIUM HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.4
Financial instruments (continued)

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2023
4,497,577



At 30 April 2024
4,497,577





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
3,746,341
3,801,341


Page 3

 
ACORN ALUMINIUM HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Auditor's information

The auditor's report on the financial statements for the year ended 30 April 2023 was unqualified.
The audit report was signed on 29 January 2025 by Richard Powell BA FCA (Senior Statutory Auditor) on behalf of MHA.
Page 4