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ACREFIELD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2024






ACREFIELD LIMITED (REGISTERED NUMBER: 03158535)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

ACREFIELD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTOR: P J Lockhart Smith



SECRETARY: P J Lockhart Smith



REGISTERED OFFICE: The Dower House
Farm Street
Tintinhull
Yeovil
Somerset
BA22 8PZ



REGISTERED NUMBER: 03158535 (England and Wales)



ACCOUNTANTS: JRW Hogg & Thorburn LLP
Chartered Accountants
19 Buccleuch Street
Hawick
Roxburghshire
TD9 0HL



BANKERS: Handelsbanken
5th Floor
13 Charles II Street
London
SW1Y 4QU

ACREFIELD LIMITED (REGISTERED NUMBER: 03158535)

BALANCE SHEET
30TH NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 4 1,000 1,000

CURRENT ASSETS
Debtors 5 1,258,182 1,262,482
Cash at bank 149 170
1,258,331 1,262,652
CREDITORS
Amounts falling due within one year 6 240 180
NET CURRENT ASSETS 1,258,091 1,262,472
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,259,091

1,263,472

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 1,257,091 1,261,472
SHAREHOLDERS' FUNDS 1,259,091 1,263,472

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

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

ACREFIELD LIMITED (REGISTERED NUMBER: 03158535)

BALANCE SHEET - continued
30TH NOVEMBER 2024


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 20th May 2025 and were signed by:





P J Lockhart Smith - Director


ACREFIELD LIMITED (REGISTERED NUMBER: 03158535)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

Acrefield 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment income
Investment income is accounted for when receivable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st December 2023
and 30th November 2024 1,000
NET BOOK VALUE
At 30th November 2024 1,000
At 30th November 2023 1,000

ACREFIELD LIMITED (REGISTERED NUMBER: 03158535)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

4. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Acrefield Investments Limited
Registered office:
Nature of business: Property rental
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves 7,835,972 11,293,456
Profit/(loss) for the year 914 (401,784 )

The investment properties of Acrefield Investments Limited are accounted for at cost, not at open market value as required by Financial Reporting Standard 102.

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 611 611

Amounts falling due after more than one year:
Amounts owed by group undertakings 1,257,571 1,261,871

Aggregate amounts 1,258,182 1,262,482

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' loan accounts 240 180

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ACREFIELD LIMITED

The following reproduces the text of the report prepared for the director 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 Director 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 Acrefield Limited for the year ended 30th November 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the director of Acrefield Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Acrefield Limited and state those matters that we have agreed to state to the director of Acrefield Limited in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Acrefield Limited 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 loss of Acrefield Limited. You consider that Acrefield Limited 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 Acrefield Limited. 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.






JRW Hogg & Thorburn LLP
Chartered Accountants
19 Buccleuch Street
Hawick
Roxburghshire
TD9 0HL


20th May 2025