REGISTERED NUMBER: 03972978 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Acadia Timber Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M R Reed

Miss C M F Reed

REGISTERED OFFICE:

229 Goldsmith Avenue

Southsea

Hampshire

PO4 OBS

REGISTERED NUMBER:

03972978 (England and Wales)

ACCOUNTANTS:

Ency Associates

Chartered Certified Accountants

Printware Court

Cumberland Business Centre

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

FIXED ASSETS

Tangible assets

4

1,195

1,415

CURRENT ASSETS

Stocks

25,765

29,305

Debtors

5

24,948

18,695

50,713

48,000

CREDITORS

Amounts falling due within one year

6

82,752

77,378

NET CURRENT LIABILITIES

(32,039

)

(29,378

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(30,844

)

(27,963

)

CREDITORS

Amounts falling due after more than one year

7

14,949

23,184

NET LIABILITIES

(45,793

)

(51,147

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(45,795

)

(51,149

)

SHAREHOLDERS' FUNDS

(45,793

)

(51,147

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 January 2026 and were signed on its behalf by:

Miss C M F Reed - Director

1.	STATUTORY INFORMATION

Acadia Timber 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis, this is considered appropriate as the director's have given their assurances that they will continue to support the company for a period of at least 12 months from the date of his report.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery

-

15% on reducing balance

Fixtures & fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Fixtures

Motor

Computer

machinery

& fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

3,453

82

15,500

3,130

22,165

DEPRECIATION

At 1 May 2024

2,184

23

15,413

3,130

20,750

Charge for year

190

9

21

-

220

At 30 April 2025

2,374

32

15,434

3,130

20,970

NET BOOK VALUE

At 30 April 2025

1,079

50

66

-

1,195

At 30 April 2024

1,269

59

87

-

1,415

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

22,359

18,695

Other debtors

2,589

-

24,948

18,695

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

26,888

17,861

Trade creditors

1,246

3,883

Taxation and social security

8,239

9,432

Other creditors

46,379

46,202

82,752

77,378

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

14,949

23,184

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.4.25

30.4.24

£

£

Between one and five years

21,499

29,561

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

Miss C M F Reed and M R Reed

Balance outstanding at start of year

(14,096

)

(1,264

)

Amounts advanced

20,509

2,992

Amounts repaid

(3,824

)

(15,824

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,589

(14,096

)

10.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.