Acrona Engineering Limited Accounts






Acrona Engineering Limited

	Company No. 04216090
		Information for Filing with The Registrar
		31 March 2025

The Directors present their report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was mechanical engineering.




Directors

The Directors who served at any time during the year were as follows:

A. Soave
J. Soave
M. Soave







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

A. Soave
Director
31 March 2025

at	31 March 2025
Company No.		04216090	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	369,684	389,412


				369,684	389,412
Current assets
	Stocks		5	291,130	291,130
	Debtors		6	262,766	247,454

	Cash at bank and in hand			5,511	99,585
				559,407	638,169
Creditors: Amount falling due within one year			7	(497,911)	(416,151)
Net current assets				61,496	222,018
Total assets less current liabilities				431,180	611,430
Creditors: Amounts falling due after more than one year			8	(289,432)	(406,123)



Net assets				141,748	205,307

Capital and reserves
	Called up share capital			4	4



	Profit and loss account		10	141,744	205,303

Total equity				141,748	205,307



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 March 2025 and signed on its behalf by:
A. Soave
Director
31 March 2025

for the year ended 31 March 2025

General information

Acrona Engineering Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 04216090

Its registered office is:

Its trading address is:

Angel House

Woodview Estate

Hardwick

Church Hanborough

Witney

Oxfordshire

OXON

OX29 7QE

OX29 8AA

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

15% Reducing balance

Furniture, fittings and equipment

15% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	11	10

4	Tangible fixed assets
			Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 April 2024	785,760	28,652	814,412
		Additions	40,500	5,010	45,510



		At 31 March 2025	826,260	33,662	859,922
		Depreciation
		At 1 April 2024	406,203	18,797	425,000
		Charge for the year	63,008	2,230	65,238



		At 31 March 2025	469,211	21,027	490,238
		Net book values
		At 31 March 2025	357,049	12,635	369,684
		At 31 March 2024	379,557	9,855	389,412

5	Stocks
			2025	2024
			£	£

		Work in progress	291,130	291,130

			291,130	291,130

6	Debtors
			2025	2024
			£	£
		Trade debtors	86,963	86,648





		Other debtors	3,243	3,243
		Prepayments and accrued income	172,560	157,563
			262,766	247,454

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£
		Non-equity preference shares	109,950	84,950


		Obligations under finance lease and hire purchase contracts	80,739	99,746
		Trade creditors	77,126	77,174

		Taxes and social security	80,579	55,443
		Loans from directors	44,089	(358)
		Other creditors	7,489	2,793
		Accruals and deferred income	97,939	96,403
			497,911	416,151

8	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	11,667	21,667

		Obligations under finance lease and hire purchase contracts	116,653	148,587


		Other creditors	161,112	235,869

			289,432	406,123

Share Capital

Four Ordinary £1 Shares issued and fully paid

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.