Acantha Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12712056 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Acantha Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L.B. Ker

Mrs E Ker

REGISTERED OFFICE:

Knolls Lodge

Plantation Road

Leighton Buzzard

United Kingdom

LU7 3JB

REGISTERED NUMBER:

12712056 (England and Wales)

ACCOUNTANTS:

Pace Accountants

Noble House

Eaton Road

Hemel Hempstead

Hertfordshire

HP2 7UB

FIXED ASSETS

Tangible assets

4

14,538

18,984

CURRENT ASSETS

Stocks

20,544

37,847

Debtors

5

51,232

23,535

Cash at bank

10,379

4,903

82,155

66,285

CREDITORS

Amounts falling due within one year

6

45,313

43,354

NET CURRENT ASSETS

36,842

22,931

TOTAL ASSETS LESS CURRENT
LIABILITIES

51,380

41,915

CREDITORS

Amounts falling due after more than one
year

7

-

(4,485

)

PROVISIONS FOR LIABILITIES

(3,634

)

(4,746

)

NET ASSETS

47,746

32,684

CAPITAL AND RESERVES

Called up share capital

11

Retained earnings

47,735

32,673

47,746

32,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

Mrs E Ker - Director

1.	STATUTORY INFORMATION

Acantha Group 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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 year 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 January 2024

9,727

18,995

1,175

29,897

Additions

399

-

399

At 31 December 2024

10,126

18,995

1,175

30,296

DEPRECIATION

At 1 January 2024

4,153

6,233

527

10,913

Charge for year

1,493

3,190

162

4,845

At 31 December 2024

5,646

9,423

689

15,758

NET BOOK VALUE

At 31 December 2024

4,480

9,572

486

14,538

At 31 December 2023

5,574

12,762

648

18,984

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

18,995

DEPRECIATION

At 1 January 2024

6,233

Charge for year

3,190

At 31 December 2024

9,423

NET BOOK VALUE

At 31 December 2024

9,572

At 31 December 2023

12,762

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

10,017

9,428

Other debtors

41,215

14,107

51,232

23,535

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Hire purchase contracts (see note 8)

4,485

5,382

Trade creditors

36,002

16,514

Taxation and social security

4,567

8,072

Other creditors

259

13,386

45,313

43,354

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Hire purchase contracts (see note 8)

-

4,485

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

31.12.24

31.12.23

£

Gross obligations repayable:

Within one year

4,960

5,952

Between one and five years

-

4,960

10,912

Finance charges repayable:

Within one year

475

570

Between one and five years

-

475

1,045

Net obligations repayable:

Within one year

4,485

5,382

Between one and five years

-

4,485

9,867

Non-cancellable

operating leases

31.12.24

31.12.23

£

Within one year

11,147

Between one and five years

5,184

16,331

27,478

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

L.B. Ker and Mrs E Ker

Balance outstanding at start of year

-

835

Amounts advanced

22,952

38,562

Amounts repaid

(3,166

)

(39,397

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

19,786

-

10.	RELATED PARTY DISCLOSURES

The aggregate value of transactions with related parties amounted to £250.