ACS Health, Safety & Environment Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06756394

ACS HEALTH, SAFETY & ENVIRONMENT LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

28 February 2025

ACS HEALTH, SAFETY & ENVIRONMENT LIMITED

STATEMENT OF FINANCIAL POSITION

28 February 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	6		17,788		23,893

CURRENT ASSETS

Debtors	7	53,126	25,162
Cash at bank and in hand		4,090	7,657
		---------	---------
		57,216	32,819

CREDITORS: amounts falling due within one year	8	101,747		95,170
		----------		---------
NET CURRENT LIABILITIES			44,531		62,351
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 26,743)		( 38,458)

CREDITORS: amounts falling due after more than one year	9	9,339	16,047
		---------	---------
NET LIABILITIES		( 36,082)	( 54,505)
		---------	---------

ACS HEALTH, SAFETY & ENVIRONMENT LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

28 February 2025

	2025		2024
Note	£	£	£	£

CAPITAL AND RESERVES

Called up share capital	1,000	1,000
Profit and loss account	( 37,082)	( 55,505)
	---------	---------
SHAREHOLDERS DEFICIT	( 36,082)	( 54,505)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 1 September 2025 , and are signed on behalf of the board by:

Mr L Poston

Director

Company registration number: 06756394

ACS HEALTH, SAFETY & ENVIRONMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 28 FEBRUARY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 41 Elizabeth Street, Elland, HX5 0JH, West Yorkshire.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors have given assurances that they will continue to support the company and the financial statements have therefore been prepared on a going concern basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or assumptions that have a significant impact on the financial statements .

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for health, safety and environmental services rendered, stated net of discounts and of Value Added Tax.

Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	25% reducing balance
Computers & equipment	-	10% , 25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).

5. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 1 March 2024 and 28 February 2025	18,000
	---------
Amortisation
At 1 March 2024 and 28 February 2025	18,000
	---------
Carrying amount
At 28 February 2025	–
	---------
At 29 February 2024	–
	---------

6. TANGIBLE ASSETS

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 March 2024	33,095	5,010	38,105
Additions	–	274	274
	---------	-------	---------
At 28 February 2025	33,095	5,284	38,379
	---------	-------	---------
Depreciation
At 1 March 2024	11,572	2,640	14,212
Charge for the year	5,381	998	6,379
	---------	-------	---------
At 28 February 2025	16,953	3,638	20,591
	---------	-------	---------
Carrying amount
At 28 February 2025	16,142	1,646	17,788
	---------	-------	---------
At 29 February 2024	21,523	2,370	23,893
	---------	-------	---------

7. DEBTORS

	2025	2024
	£	£
Trade debtors	45,159	20,730
Other debtors	7,967	4,432
	---------	---------
	53,126	25,162
	---------	---------

8. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	17,470	14,845
Social security and other taxes	15,861	12,219
Other creditors	68,416	68,106
	----------	---------
	101,747	95,170
	----------	---------

Included in creditors: amounts falling due within one year are the following liabilities which are secured by the company:

	2025	2024
	£
Hire purchase and finance lease agreements	6,708	6,297
	-------	-------

The liabilities are secured on the asset to which the hire purchase or finance lease agreement relates.

9. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	9,339	16,047
	-------	---------

	2025	2024
	£
Hire purchase and finance lease agreements	9,339	16,047
	-------	---------

The liabilities are secured on the asset to which the hire purchase or finance lease agreement relates.

10. FINANCE LEASES AND HIRE PURCHASE CONTRACTS

The total future minimum lease payments under finance leases and hire purchase contracts are as follows:

	2025	2024
	£	£
Not later than 1 year	7,750	7,750
Later than 1 year and not later than 5 years	10,083	17,834
	---------	---------
	17,833	25,584
Less: future finance charges	( 1,786)	( 3,240)
	---------	---------
Present value of minimum lease payments	16,047	22,344
	---------	---------

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors had an unsecured interest free loan with the company. The directors loan account was in credit throughout the year and is repayable on demand.