ACCOUNTS - Final Accounts preparation

Company registration number: 10220193

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	ACORN CAPITAL ADVISERS LIMITED


ACORN CAPITAL ADVISERS LIMITED

COMPANY INFORMATION

Director	S J J Tennant


Registered number	10220193


Registered office	Richmond House
	Walkern Road
	Stevenage
	SG1 3QP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	SG1 3QP


ACORN CAPITAL ADVISERS LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


ACORN CAPITAL ADVISERS LIMITED REGISTERED NUMBER:10220193

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible Fixed Assets	4		748		-
			748		-
Current assets
Debtors: amounts falling due within one year	5	29,908		176,180
Bank and cash balances		259,234		25,320
		289,142		201,500
Creditors: amounts falling due within one year	6	(91,564)		(102,831)
Net current assets			197,578		98,669
Total assets less current liabilities			198,326		98,669

Net assets			198,326		98,669

Capital and reserves
Called up share capital	100	100
Profit and loss account	198,226	98,569
	198,326	98,669

Page 1


ACORN CAPITAL ADVISERS LIMITED REGISTERED NUMBER:10220193

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

S J J Tennant

Director

Date: 3 December 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2


ACORN CAPITAL ADVISERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Acorn Capital Advisers 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.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 3


ACORN CAPITAL ADVISERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery	-	50%
Office equipment	-	25%
Improvements to property	-	33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Page 4


ACORN CAPITAL ADVISERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Employees

The average monthly number of employees, including directors, during the year was 4 (2024 - 6).

4.	Tangible fixed assets

	Plant and machinery	Office equipment	Improvement to property	Total
	£	£	£	£
Cost or valuation
At 1 April 2024	19,184	11,751	61,190	92,125
Additions	-	932	-	932
At 31 March 2025	19,184	12,683	61,190	93,057
Depreciation
At 1 April 2024	19,184	11,751	61,190	92,125
Charge for the year on owned assets	-	184	-	184
At 31 March 2025	19,184	11,935	61,190	92,309
Net book value
At 31 March 2025	-	748	-	748
At 31 March 2024	-	-	-	-

Debtors

					2025	2024
					£	£


Trade debtors	19,353	142,238
Prepayments and accrued income	10,555	14,178
Deferred taxation	-	19,764
	29,908	176,180

Page 5


ACORN CAPITAL ADVISERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	-	31,262
Trade creditors	1,519	3,576
Corporation tax	29,385	-
Other taxation and social security	16,495	24,587
Other creditors	8,682	8,023
Accruals and deferred income	35,483	35,383
	91,564	102,831

7.	Related party transactions
	At the reporting date the company owed £7,018 (2024: £6,765) to the director. The balance can be found within creditors due within one year and no interest is being charged on this.

Page 6