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REGISTERED NUMBER: 15659723 (England and Wales)















Unaudited Financial Statements

for the Period 19 April 2024 to 31 March 2025

for

ACS Works Ltd

ACS Works Ltd (Registered number: 15659723)






Contents of the Financial Statements
for the Period 19 April 2024 to 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ACS Works Ltd

Company Information
for the Period 19 April 2024 to 31 March 2025







DIRECTOR: Mr M Cuppa





REGISTERED OFFICE: Unit 59 Mill Mead Industrial Centre
London
United Kingdom
N17 9QU





REGISTERED NUMBER: 15659723 (England and Wales)





ACCOUNTANTS: M Georghiades & Associates
Chartered Certified Accountants
130A Darkes Lane
Potters Bar
Hertfordshire
EN6 1AF

ACS Works Ltd (Registered number: 15659723)

Balance Sheet
31 March 2025

Notes £    £   
FIXED ASSETS
Tangible assets 4 21,024

CURRENT ASSETS
Debtors 5 68,273
Cash at bank 56,663
124,936
CREDITORS
Amounts falling due within one year 6 82,311
NET CURRENT ASSETS 42,625
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,649

PROVISIONS FOR LIABILITIES 7 5,256
NET ASSETS 58,393

CAPITAL AND RESERVES
Called up share capital 8 120
Retained earnings 9 58,273
SHAREHOLDERS' FUNDS 58,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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 7 July 2025 and were signed by:





Mr M Cuppa - Director


ACS Works Ltd (Registered number: 15659723)

Notes to the Financial Statements
for the Period 19 April 2024 to 31 March 2025

1. STATUTORY INFORMATION

ACS Works 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover includes income from the supply of goods and services and rental income receivable from the rental of commercial industrial units.Turnover it is recognised in the financial statements on the accruals basis in the month the rent is due and in the month the goods and services being supplied.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

ACS Works Ltd (Registered number: 15659723)

Notes to the Financial Statements - continued
for the Period 19 April 2024 to 31 March 2025

2. ACCOUNTING POLICIES - continued

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Debtors
Short term debtors are measured at a transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised costs determined using the effective interest method, less any impairments losses for bad and doubtful debts.

Provisions
Provisions (ie./ liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
Additions 7,500 20,532 28,032
At 31 March 2025 7,500 20,532 28,032
DEPRECIATION
Charge for period 1,875 5,133 7,008
At 31 March 2025 1,875 5,133 7,008
NET BOOK VALUE
At 31 March 2025 5,625 15,399 21,024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 45,773
Other debtors 22,500
68,273

ACS Works Ltd (Registered number: 15659723)

Notes to the Financial Statements - continued
for the Period 19 April 2024 to 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 43,491
Tax 10,474
Social security and other taxes 2,895
VAT 15,999
Other creditors 460
Directors' current accounts 7,242
Accrued expenses 1,750
82,311

7. PROVISIONS FOR LIABILITIES
£   
Deferred tax
Accelerated capital allowances 5,256

Deferred
tax
£   
Provided during period 5,256
Balance at 31 March 2025 5,256

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
120 Ordinary £1.00 120

120 Ordinary shares of £1.00 each were allotted and fully paid for cash at par during the period.

9. RESERVES
Retained
earnings
£   

Profit for the period 58,273
At 31 March 2025 58,273

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with its own directors and shareholders.

ACS Works Ltd (Registered number: 15659723)

Notes to the Financial Statements - continued
for the Period 19 April 2024 to 31 March 2025

11. POST BALANCE SHEET EVENTS

There have not been any significant events since the balance sheet date.
There were no essential either adjusting events or non-adjusting events in the period of time elapsing between the balance sheet date and the date on which these financial statements are prepared. The impact of COVID-19 is described in the Going Concern Consideration Note.

The ongoing Russia - Ukraine conflict - This ongoing conflict has resulted in going concern becoming a significant risk. The United States and Europe have avoided direct military conflict with Russia amid its conflict with Ukraine. They have however used a set of financial sanctions to limit Russia's access to financial resources. The impact of the sanctions may result in difficulties for the company to operate. Neither ACS Works Limited nor the owners are currently on the sanctions list at the time of this report, however this may change as the situation changes.

The ongoing Israel - Gaza and Middle East conflict
The ongoing Israel - Gaza conflict has resulted in no major impact to cause significant operational risks and that the company continues to assess the nature and extent of any risks and uncertainties arising from these events.

12. GOING CONCERN CONSIDERATION

The Company's management does not see a severe impact of COVID-19 outbreak to its activity. The Company tested the financial impact on the following areas of financial statements that can be affected:
- Breach of trade contracts
- Revenue
- Cost of sales
- Inventories fair value measurements
- Debt repayment

13. ENVIRONMENTAL RISKS AND CLIMATE CHANGES RESPONSIBILITIES

Environmental Risks
Due to the nature of the entity's operational activities there's no exposure to significant environmental risks.

Climate changes and environmental responsibility
Despite the fact that our organisation offering general business support services, we are always consider the environmental sustainability. Future business performance will be impacted by our ability to effectively manage the transition to a low carbon economy balancing commercial decisions with the environmental responsibility, agreeing business-wide decarbonisation priorities and managing changes in customer preferences.
This include management of the increasing costs associated with sustainable materials, recycling carbon pricing and further technological, policy and regulatory interventions.
We are operating in a world and a sector with high pressure from carbon-conscious customers, government bodies and regulators to operate in a more environmentally conscious manner. To respond to the circular economy, waste reduction and low carbon products and use of a recycled parts and related components.