0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 846,684 4,470 851,154 851,154 846,684 75 75 75 xbrli:pure xbrli:shares iso4217:GBP 04261522 2024-01-01 2024-12-31 04261522 2024-12-31 04261522 2023-12-31 04261522 2023-01-01 2023-12-31 04261522 2023-12-31 04261522 2022-12-31 04261522 bus:Director2 2024-01-01 2024-12-31 04261522 core:LandBuildings 2024-01-01 2024-12-31 04261522 core:WithinOneYear 2024-12-31 04261522 core:WithinOneYear 2023-12-31 04261522 core:ShareCapital 2024-12-31 04261522 core:ShareCapital 2023-12-31 04261522 core:RetainedEarningsAccumulatedLosses 2024-12-31 04261522 core:RetainedEarningsAccumulatedLosses 2023-12-31 04261522 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-12-31 04261522 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 04261522 core:Non-currentFinancialInstruments 2024-12-31 04261522 core:LandBuildings 2024-12-31 04261522 core:LandBuildings 2023-12-31 04261522 core:LandBuildings 2023-12-31 04261522 bus:SmallEntities 2024-01-01 2024-12-31 04261522 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04261522 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04261522 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04261522 bus:FullAccounts 2024-01-01 2024-12-31
COMPANY REGISTRATION NUMBER: 04261522

ACORSWOOD LIMITED

Filleted Unaudited Financial Statements

31 December 2024

ACORSWOOD LIMITED

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 851,154 | 846,684
Investments | 5 |  | 75 | –
|  | --------- | ---------
|  | 851,229 | 846,684

Current assets

Debtors | 6 | 1,534,533 |  | 1,548,903
Cash at bank and in hand | 14,866 |  | 131
| ------------ |  | ------------
| 1,549,399 |  | 1,549,034

Creditors: amounts falling due within one year | 7 | 1,333,730 |  | 1,304,577
| ------------ |  | ------------
Net current assets |  | 215,669 | 244,457
|  | ------------ | ------------
Total assets less current liabilities |  | 1,066,898 | 1,091,141
|  | ------------ | ------------

Capital and reserves

Called up share capital |  | 2 | 2
Profit and loss account |  | 1,066,896 | 1,091,139
|  | ------------ | ------------
Shareholders funds |  | 1,066,898 | 1,091,141
|  | ------------ | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

ACORSWOOD LIMITED

Statement of Financial Position (continued)

31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 25 March 2026 , and are signed on behalf of the board by:

Mr S Feldman
Director

Company registration number: 04261522

ACORSWOOD LIMITED

Notes to the Financial Statements

Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales.
The address of the registered office is Hallswelle House, 1 Halleswelle
Road, London, NW11 0DH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively .
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date .
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Tangible assets

| Land and buildings
| £
Cost |
At 1 January 2024 | 846,684
Additions | 4,470
| ---------
At 31 December 2024 | 851,154
| ---------
Depreciation |
At 1 January 2024 and 31 December 2024 | –
| ---------
Carrying amount |
At 31 December 2024 | 851,154
| ---------
At 31 December 2023 | 846,684
| ---------

5. Investments

| Shares in Subsidiary
| £
Cost |
At 1 January 2024 | –
Additions | 75
| ----
At 31 December 2024 | 75
| ----
Impairment |
At 1 January 2024 and 31 December 2024 | –
| ----

Carrying amount |
At 31 December 2024 | 75
| ----
At 31 December 2023 | –
| ----

6. Debtors

| 2024 | 2023
| £ | £
Other debtors | 1,534,533 | 1,548,903
| ------------ | ------------

7. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Other creditors | 1,333,730 | 1,304,577
| ------------ | ------------

8. Related party transactions
The company was under the control of Mr S Feldman .