Company Registration No. 12422135 (England and Wales)
ACORN 21 LIMITED
Unaudited accounts
for the year ended 31 January 2025
ACORN 21 LIMITED
Unaudited accounts
Contents
ACORN 21 LIMITED
Company Information
for the year ended 31 January 2025
Directors
Robert Amato
James Gingell
Robert Ian Templeton ACA FCA BA (Com)
Alan Ritchie
Robert Ian Templeton
Company Number
12422135 (England and Wales)
Registered Office
Swallows Ridge
Hollies Lane
Wilmslow
SK9 2BW
ACORN 21 LIMITED
Statement of financial position
as at 31 January 2025
Tangible assets
31,997
39,875
Cash at bank and in hand
1,420
65,901
Creditors: amounts falling due within one year
(176,610)
(195,207)
Net current liabilities
(97,353)
(100,488)
Total assets less current liabilities
(65,356)
(55,437)
Creditors: amounts falling due after more than one year
(5,833)
(14,167)
Provisions for liabilities
Deferred tax
(6,080)
(4,944)
Net liabilities
(77,269)
(74,548)
Called up share capital
100
100
Profit and loss account
(77,369)
(74,648)
Shareholders' funds
(77,269)
(74,548)
For the year ending 31 January 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by
Robert Ian Templeton ACA FCA BA (Com)
Director
Company Registration No. 12422135
ACORN 21 LIMITED
Notes to the Accounts
for the year ended 31 January 2025
ACORN 21 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12422135. The registered office is Swallows Ridge, Hollies Lane , Wilmslow, SK9 2BW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The directors believe the value of the restaurant to be in the region of £200,000 but have not recognised this gain.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
ACORN 21 LIMITED
Notes to the Accounts
for the year ended 31 January 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Charge for the year
13,995
Amounts falling due within one year
Amounts due from group undertakings etc.
59,689
6,784
Accrued income and prepayments
2,013
4,635
ACORN 21 LIMITED
Notes to the Accounts
for the year ended 31 January 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Trade creditors
59,465
31,873
Amounts owed to group undertakings and other participating interests
44,794
95,420
Taxes and social security
6,894
6,824
Other creditors
3,133
2,374
Loans from directors
4,314
314
8
Creditors: amounts falling due after more than one year
2025
2024
9
Transactions with related parties
At the year end Acorn 21 Limited and was owed £6,784 (2024: £6,784) by Acorn 22 Holdings Limited, £27,800 (2024:£nil) by Acorn 27 Limited and owed £119,211 (2024: £55,420) to Acorn 20 Limited.
Acorn 20 Limited, Acorn 21 Limited and Acorn 27 Limited are subsidiaries of Acorn 22 Holdings Limited.
The company is a wholly owned subsidiary of Acorn 22 Holdings Limited and the directors are the same for both companies.
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Average number of employees
During the year the average number of employees was 27 (2024: 27).