Acer and Oak Limited - Filleted accounts

Registered number

12067251

Acer and Oak Limited

Unaudited Filleted Accounts

31 March 2025

Acer and Oak Limited
Registered number:		12067251
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		8,298			2,790

Current assets
Debtors	4	7,957			17,915
Cash at bank and in hand		13,089			12,967
		21,046			30,882

Creditors: amounts falling due within one year	5	(10,875)			(12,270)

Net current assets			10,171			18,612

Total assets less current liabilities			18,469			21,402

Provisions for liabilities			(604)			(530)

Net assets			17,865			20,872

Capital and reserves
Called up share capital			102			100
Profit and loss account			17,763			20,772

Shareholders' funds			17,865			20,872

The director is 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 director acknowledges his 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.




A House
Director
Approved by the board on 29 December 2025

Acer and Oak Limited
Notes to the Accounts
for the year ended 31 March 2025


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 the rendering of services. 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			25% reducing balance
	Computer equipment			Straight line over 3 years

	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. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
		Land and buildings		Plant and machinery		Computer equipment		Total
£			£		£		£
	Cost
	At 1 April 2024	-		4,472		862		5,334
	Additions	-		7,958		-		7,958
	At 31 March 2025	-		12,430		862		13,292

	Depreciation
	At 1 April 2024	-		1,908		636		2,544
	Charge for the year	-		2,370		80		2,450
	At 31 March 2025	-		4,278		716		4,994

	Net book value
	At 31 March 2025	-		8,152		146		8,298
	At 31 March 2024	-		2,564		226		2,790


4	Debtors					2025		2024
£							£

	Trade debtors					4,815		9,603
	Other debtors					3,142		8,312
						7,957		17,915


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					44		359
	Taxation and social security costs					-		428
	Other creditors					10,831		11,483
						10,875		12,270


6	Related party transactions

	All transaction with related parties are conducted under normal market conditions, unless otherwise stated.


7	Other information

	Acer and Oak Limited is a private company limited by shares and incorporated in England. Its registered office is:
	8 Dyrham Close
	Henleaze
	Bristol
	BS9 4TF