0 29/02/2024 2024-02-29 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-03-01 Sage Accounts Production 23.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 09419464 2023-03-01 2024-02-29 09419464 2024-02-29 09419464 2023-02-28 09419464 2022-03-01 2023-02-28 09419464 2023-02-28 09419464 2022-02-28 09419464 bus:Director1 2023-03-01 2024-02-29 09419464 core:WithinOneYear 2024-02-29 09419464 core:WithinOneYear 2023-02-28 09419464 bus:Micro-entities 2023-03-01 2024-02-29 09419464 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 09419464 bus:FullAccounts 2023-03-01 2024-02-29 09419464 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 09419464 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
Company registration number: 09419464
Acer Holdings Limited
Unaudited financial statements
For the year ended
29 February 2024
Acer Holdings Limited
Statement of financial position
29 February 2024
2024 2023
£ £ £ £
Fixed assets 1,200,703 1,200,953
________ ________
Current assets 182,843 83,688
Prepayments and accrued income 937 896
________ ________
183,780 84,584
Creditors: amounts falling due within one year ( 1,254,036) ( 1,240,443)
________ ________
Net current liabilities ( 1,070,256) ( 1,155,859)
________ ________
Total assets less current liabilities 130,447 45,094
Accruals and deferred income ( 6,460) ( 5,504)
________ ________
Net assets 123,987 39,590
________ ________
Capital and reserves 123,987 39,590
________ ________
Acer Holdings Limited
Year ended 29 February 2024
1. Accounting basis and standards
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
2. Financial commitments, guarantees and contingencies
The loans are secured creditors and amounted to £911,034 (2022: £911,034). The company has entered into a debenture and granted a legal charge, dated 21 February 2020, in favour of Romaco SPV6 Limited. A legal mortgage is in place over the company's leasehold property, together with fixed and floating charges over the company's assets and a negative pledge. The company has entered into a debenture and granted a legal charge, dated 4 September 2018, in favour of Together Commercial Finance Limited. A legal mortgage is in place over the company's leasehold property, together with fixed and floating charges over the company's assets and a negative pledge. The company has entered into debentures, dated 13 November 2017 and 18 December 2017, in favour of LGA Developments Limited. A legal mortgage is in place over the company's leasehold property, together with fixed and floating charges over the company's assets and a negative pledge.
3. Company information
The company is registered in England and its registered number is 09419464 . The company is a private company limited by shares. Its registered office is Suite 7a, Lakeland Business Park, Lamplugh Road, Cockermouth, CA13 0QT.
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 28 March 2025 , and are signed on behalf of the board by:
Mr P D Roe
Director
Company registration number: 09419464