Acorn Health & Leisure Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09088455

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		171,185		171,185
Tangible Assets	5		108,877		108,877

			280,062		280,062
CURRENT ASSETS
Debtors	6	520,297		520,297
Cash at bank and in hand		10,014		10,014

		530,311		530,311
Creditors: Amounts Falling Due Within One Year	7	(169,552 )		(169,551 )

NET CURRENT ASSETS (LIABILITIES)			360,759		360,760

TOTAL ASSETS LESS CURRENT LIABILITIES			640,821		640,822

Creditors: Amounts Falling Due After More Than One Year	8		(1,314,876 )		(1,314,876 )

NET LIABILITIES			(674,055 )		(674,054 )

CAPITAL AND RESERVES
Called up share capital	9		653		653
Share premium account			260,564		260,564
Profit and Loss Account			(935,272 )		(935,271 )

SHAREHOLDERS' FUNDS			(674,055)		(674,054)

Page 1

Page 2

Acorn Health & Leisure Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Hough

Director

29/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Acorn Health & Leisure Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09088455 . The registered office is 205 Lavender Hill, London, SW11 5TB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Reducing balance
Plant & Machinery	Reducing balance
Fixtures & Fittings	Reducing balance
Computer Equipment	Reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 47)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	361,031

As at 31 December 2024	361,031

Amortisation
As at 1 January 2024	189,846

As at 31 December 2024	189,846

Net Book Value
As at 31 December 2024	171,185

As at 1 January 2024	171,185

Page 3

Page 4

Acorn Health & Leisure Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	565,794	283,415	2,105	39,210	890,524

As at 31 December 2024	565,794	283,415	2,105	39,210	890,524

Depreciation
As at 1 January 2024	565,794	179,265	2,105	34,483	781,647

As at 31 December 2024	565,794	179,265	2,105	34,483	781,647

Net Book Value
As at 31 December 2024	-	104,150	-	4,727	108,877

As at 1 January 2024	-	104,150	-	4,727	108,877

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	59,389	59,389
Amounts recoverable on contracts	4,702	4,702
Accrued income for insurance claim	441,206	441,206

	505,297	505,297
Due after more than one year
Other debtors	15,000	15,000

	520,297	520,297

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	53,732	53,731
Bank loans and overdrafts	13,449	13,449
Other taxes and social security	48,233	48,233
VAT	7,128	7,128
Net wages	19,599	19,599
Funding Circle current liability	10,761	10,761
Diamond Membership deposit	14,500	14,500
Accruals and deferred income	2,150	2,150

	169,552	169,551

Page 4

Page 5

Acorn Health & Leisure Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Business Loan - 9807 long term	213,350	213,350
NatWest Loan	90,726	90,726
Licence Deposits Held	647	647
Private lender 1	30,500	30,500
Long term loan - Bounce back loan	39,265	39,265
Private Lender 2	10,000	10,000
Director Loans	930,388	930,388

	1,314,876	1,314,876

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	653	653

Page 5