ACACIA GARDENS LTD - Filleted accounts

Registered number

07402001

ACACIA GARDENS LTD

Filleted Accounts

31 October 2024

ACACIA GARDENS LTD
Registered number:		07402001
Balance Sheet
as at 31 October 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		19,087			13,237

Current assets
Cash at bank and in hand		293,376			363,087

Creditors: amounts falling due within one year	4	(125,908)			(174,471)

Net current assets			167,468			188,616

Net assets			186,555			201,853

Capital and reserves
Called up share capital			1			1
Profit and loss account			186,554			201,852

Shareholders' funds			186,555			201,853

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




MR ERMAL POBRATI
Director
Approved by the board on 10 October 2025

ACACIA GARDENS LTD
Notes to the Accounts
for the year ended 31 October 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% reducing Balance
	Fixtures, fittings, tools and equipment	20% reducing Balance


	Debtors
	Short term debtors are measured at 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 cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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.




	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			15		15


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2023	32,177		49,045		81,222
	Additions	10,622		-		10,622
	At 31 October 2024	42,799		49,045		91,844

	Depreciation
	At 1 November 2023	27,215		40,770		67,985
	Charge for the year	3,117		1,655		4,772
	At 31 October 2024	30,332		42,425		72,757

	Net book value
	At 31 October 2024	12,467		6,620		19,087
	At 31 October 2023	4,962		8,275		13,237


4	Creditors: amounts falling due within one year			2024		2023
£					£

	Trade creditors			7,032		8,338
	Other creditors			39,373		38,336
	Taxation and social security costs			79,503		127,797
				125,908		174,471


5	Other information

	ACACIA GARDENS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	286B CHASE ROAD
	SOUTHGATE
	LONDON
	N14 6HF