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REGISTERED NUMBER: 08051615 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ACORE (UK) LIMITED

ACORE (UK) LIMITED (REGISTERED NUMBER: 08051615)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACORE (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Mr P P S Bahra





REGISTERED OFFICE: Unit 4C
Kapital Building
Charter Street
Leicester
Leicestershire
LE1 3UD





REGISTERED NUMBER: 08051615 (England and Wales)





ACCOUNTANTS: TC Group
31 High View Close
Hamilton Office Park
Leicester
Leicestershire
LE4 9LJ

ACORE (UK) LIMITED (REGISTERED NUMBER: 08051615)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,440 24,063

CURRENT ASSETS
Stocks 40,854 96,204
Debtors 5 21,612 19,139
Cash at bank 24,573 -
87,039 115,343
CREDITORS
Amounts falling due within one year 6 31,774 27,217
NET CURRENT ASSETS 55,265 88,126
TOTAL ASSETS LESS CURRENT LIABILITIES 75,705 112,189

CREDITORS
Amounts falling due after more than one
year

7

99,937

104,780
NET (LIABILITIES)/ASSETS (24,232 ) 7,409

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (24,332 ) 7,309
(24,232 ) 7,409

ACORE (UK) LIMITED (REGISTERED NUMBER: 08051615)

BALANCE SHEET - continued
31 OCTOBER 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 February 2025 and were signed by:





Mr P P S Bahra - Director


ACORE (UK) LIMITED (REGISTERED NUMBER: 08051615)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Acore (Uk) 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Office equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 10 ) .

ACORE (UK) LIMITED (REGISTERED NUMBER: 08051615)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Office
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 46,851 2,368 973 50,192
DEPRECIATION
At 1 November 2023 23,153 2,114 862 26,129
Charge for year 3,556 38 29 3,623
At 31 October 2024 26,709 2,152 891 29,752
NET BOOK VALUE
At 31 October 2024 20,142 216 82 20,440
At 31 October 2023 23,698 254 111 24,063

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 21,097 18,658
Other debtors 515 481
21,612 19,139

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,096 12,016
Trade creditors 12,376 3,599
Taxation and social security 5,828 5,159
Other creditors 3,474 6,443
31,774 27,217

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 6,424 16,767
Other creditors 93,513 88,013
99,937 104,780

8. RELATED PARTY DISCLOSURES

At the year end the company owed 1 (2) shareholders £31,500 (2023: £56,000). No interest is charged on these balances.

At the year end the company owed the director £31,500 (2023: £32,013). No interest is charged on this balance. These loans will not be withdrawn within one year of the balance sheet date.

Both of the above are included in Other creditors falling due after more than one year.