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REGISTERED NUMBER: 07695437 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Acorn Shopfitting Ltd

Acorn Shopfitting Ltd (Registered number: 07695437)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Acorn Shopfitting Ltd

Company Information
for the year ended 31 August 2024







DIRECTORS: J A Wilder
A J Wilder





REGISTERED OFFICE: 7a The Whitehouse
Clifton Marine Parade
Clifton Marine Parade Imperial Business
Gravesend
Kent
DA11 0DY





REGISTERED NUMBER: 07695437 (England and Wales)





ACCOUNTANTS: Libra Wealth Management Limited
Suite 5, 10 Churchill Square
West Malling
Kent
ME19 4YU

Acorn Shopfitting Ltd (Registered number: 07695437)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,104 14,876

CURRENT ASSETS
Debtors 5 191,360 199,329
Cash at bank and in hand 9,247 48,269
200,607 247,598
CREDITORS
Amounts falling due within one year 6 129,793 174,639
NET CURRENT ASSETS 70,814 72,959
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,918

87,835

CREDITORS
Amounts falling due after more than
one year

7

(16,667

)

(26,667

)

PROVISIONS FOR LIABILITIES - (997 )
NET ASSETS 60,251 60,171

Acorn Shopfitting Ltd (Registered number: 07695437)

Balance Sheet - continued
31 August 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 60,151 60,071
SHAREHOLDERS' FUNDS 60,251 60,171

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by:





J A Wilder - Director


Acorn Shopfitting Ltd (Registered number: 07695437)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Acorn Shopfitting Ltd 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 represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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.

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.

Acorn Shopfitting Ltd (Registered number: 07695437)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets financed under hire purchase agreements are recognised in the accounts at cost, with the outstanding finance being represented in creditors due within and after one year. Interest is recognised in the profit and loss account in the period in which it falls due on a reducing balance basis.

Rentals paid under operating leases are charged to the profit and loss account in the period in which they are due.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023 1,275 143,701 144,976
Disposals (1,275 ) (31,552 ) (32,827 )
At 31 August 2024 - 112,149 112,149
DEPRECIATION
At 1 September 2023 1,275 128,825 130,100
Charge for year - 8,772 8,772
Eliminated on disposal (1,275 ) (31,552 ) (32,827 )
At 31 August 2024 - 106,045 106,045
NET BOOK VALUE
At 31 August 2024 - 6,104 6,104
At 31 August 2023 - 14,876 14,876

Acorn Shopfitting Ltd (Registered number: 07695437)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 148,899 160,416
Other debtors 42,461 38,913
191,360 199,329

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,001 10,001
Trade creditors 21,414 70,995
Taxation and social security 27,670 13,862
Other creditors 70,708 79,781
129,793 174,639

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 16,667 26,667

8. SECURED DEBTS

A charge has been created as of 11th October 2022 in favour of Castlebridge SPV Limited in relation to a floating charge on the property of the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Acorn Shopfitting Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Acorn Shopfitting Ltd for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Acorn Shopfitting Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Acorn Shopfitting Ltd and state those matters that we have agreed to state to the Board of Directors of Acorn Shopfitting Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Acorn Shopfitting Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Acorn Shopfitting Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Acorn Shopfitting Ltd. You consider that Acorn Shopfitting Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Acorn Shopfitting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Libra Wealth Management Limited
Suite 5, 10 Churchill Square
West Malling
Kent

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Acorn Shopfitting Ltd

ME19 4YU


28 January 2025