| Acorn Business Centres (Mansfield) Limited |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
257 |
|
|
832 |
|
| Current assets |
| Debtors |
4 |
|
5,346 |
|
|
2,138 |
| Cash at bank and in hand |
|
|
15,443 |
|
|
20,634 |
|
|
|
20,789 |
|
|
22,772 |
|
| Creditors: amounts falling due within one year |
5 |
|
(6,104) |
|
|
(6,012) |
|
| Net current assets |
|
|
|
14,685 |
|
|
16,760 |
|
| Net assets |
|
|
|
14,942 |
|
|
17,592 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
160 |
|
|
160 |
| Profit and loss account |
|
|
|
14,782 |
|
|
17,432 |
|
| Shareholders' funds |
|
|
|
14,942 |
|
|
17,592 |
|
|
|
|
|
|
|
|
| The directors are 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 directors acknowledge their 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. |
|
|
|
|
| Mrs K Jephson |
| Director |
| Approved by the board on 31 January 2026 |
|
| Company Registration Nunmber |
|
|
02415842 |
|
| Acorn Business Centres (Mansfield) Limited |
| Notes to the Accounts |
| for the year ended 31 December 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). |
|
The accounts are prepared in sterling, which is the functional currency of the company. Monetary amounts in these accounts are rounded to the nearest £. |
|
|
Turnover |
|
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. |
|
Service charges receivable are recognised as income as they accrue. |
|
|
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 at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows: |
|
|
Fixtures, fittings, tools and equipment |
10% Straight line |
|
|
Impairment of fixed assets |
|
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of any individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. |
|
|
Cash and cash equivalents |
|
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. |
|
|
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. |
|
|
Equity instruments |
|
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on bank interest receivable. |
|
|
Judgements and key sources of estimation uncertainty |
|
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, where the revision affects only that period, or in the period of revision and future periods, where the revision affects both current and future periods. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 January 2025 |
20,959 |
|
At 31 December 2025 |
20,959 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2025 |
20,127 |
|
Charge for the year |
575 |
|
At 31 December 2025 |
20,702 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
257 |
|
At 31 December 2024 |
832 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
5,346 |
|
2,138 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
600 |
|
600 |
|
Taxation and social security costs |
1,104 |
|
1,062 |
|
Other creditors |
4,400 |
|
4,350 |
|
|
|
|
|
|
6,104 |
|
6,012 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Related party transactions |
|
|
During the year the company paid accountancy services to B J Stopford (director) amounting to £1,100 (2024 - £1,050). The company also received service charges from Interschool Travel Limited (a company in which C P McIntosh is also a director) of £2,508 (2024 - £2,451) and from B Jephson Mansfield Limited (a company in which K Jephson is also a director) of £1,056 (2024 - £1,032). |
|
|
| 7 |
Other information |
|
|
Acorn Business Centres (Mansfield) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
51 High Street |
|
Swinderby |
|
Lincolnshire |
|
LN6 9LU |