Company Registration No. 7243063 (England and Wales)
ACRES SUPPLY LIMITED
Unaudited accounts
for the year ended 31 March 2025
ACRES SUPPLY LIMITED
Unaudited accounts
Contents
ACRES SUPPLY LIMITED
Company Information
for the year ended 31 March 2025
Directors
A J WHITE
J WHITE
R WHITE
D WHITE
Company Number
7243063 (England and Wales)
Registered Office
BAYTREE FARM
CORSLEY
WARMINSTER
BA12 7PP
Accountants
DAVID J EDMUNDS & CO LTD
28 STURFORD LANE
CORSLEY
WARMINSTER
BA12 7QR
ACRES SUPPLY LIMITED
Statement of financial position
as at 31 March 2025
Intangible assets
1
25,200
Tangible assets
176,448
186,409
Cash at bank and in hand
514,804
491,680
Creditors: amounts falling due within one year
(455,219)
(512,030)
Net current assets
103,310
37,155
Net assets
279,759
248,764
Called up share capital
102
102
Profit and loss account
279,657
248,662
Shareholders' funds
279,759
248,764
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by
R WHITE
Director
Company Registration No. 7243063
ACRES SUPPLY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
ACRES SUPPLY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7243063. The registered office is BAYTREE FARM, CORSLEY, WARMINSTER, BA12 7PP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
25,199
ACRES SUPPLY LIMITED
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2024
57,589
201,097
258,686
Disposals
-
(13,254)
(13,254)
At 31 March 2025
57,589
211,389
268,978
At 1 April 2024
-
72,277
72,277
Charge for the year
402
28,110
28,512
On disposals
-
(8,259)
(8,259)
At 31 March 2025
402
92,128
92,530
At 31 March 2025
57,187
119,261
176,448
At 31 March 2024
57,589
128,820
186,409
Amounts falling due within one year
Trade debtors
13,850
23,643
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
53,151
76,421
Taxes and social security
53,520
54,837
Other creditors
348,548
380,772
8
Average number of employees
During the year the average number of employees was 12 (2024: 12).