REGISTERED NUMBER: 04882247 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

ACORN ELECTRICAL SUPPLIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R Williams

Mrs A T Williams

Mr P R Williams

Mr R A Gordon

Mr G A Cave

SECRETARY:

Mr R Williams

REGISTERED OFFICE:

Unit 8 Ormande Street

Off Sherdley Road

St Helens

Merseyside

WA9 5AE

REGISTERED NUMBER:

04882247 (England and Wales)

ACCOUNTANTS:

Maddocks & Gamble Limited

Chartered Accountants

Suite 5 Ribble Saw Mill

Paley Road

Preston

Lancashire

PR1 8LT

FIXED ASSETS

Tangible assets

4

49,463

44,947

CURRENT ASSETS

Stocks

203,258

192,343

Debtors

5

383,869

590,798

Cash at bank and in hand

100,116

306,572

687,243

1,089,713

CREDITORS

Amounts falling due within one year

6

495,737

811,109

NET CURRENT ASSETS

191,506

278,604

TOTAL ASSETS LESS CURRENT LIABILITIES

240,969

323,551

PROVISIONS FOR LIABILITIES

7

6,476

11,237

NET ASSETS

234,493

312,314

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

234,393

312,214

SHAREHOLDERS' FUNDS

234,493

312,314

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 14 August 2025 and were signed on its behalf by:

Mr R Williams - Director

1.	STATUTORY INFORMATION

Acorn Electrical Supplies 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.

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 etc

-

33% on reducing balance, 25% on reducing balance and 15% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

90,693

Additions

26,315

Disposals

(12,947

)

At 30 April 2025

104,061

DEPRECIATION

At 1 May 2024

45,746

Charge for year

16,632

Eliminated on disposal

(7,780

)

At 30 April 2025

54,598

NET BOOK VALUE

At 30 April 2025

49,463

At 30 April 2024

44,947

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

361,249

579,012

Other debtors

22,620

11,786

383,869

590,798

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

-

27,702

Trade creditors

388,316

525,721

Taxation and social security

30,972

150,364

Other creditors

76,449

107,322

495,737

811,109

7.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

£

Deferred tax

Accelerated capital allowances

6,476

11,237

Deferred

tax

£

Balance at 1 May 2024

11,237

Provided during year

(4,761

)

Balance at 30 April 2025

6,476

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr R Williams.