REGISTERED NUMBER: 03536236 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

ACORN BUILDING SERVICES (LUTON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr F K Doyle

REGISTERED OFFICE:

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

BUSINESS ADDRESS:

42A Newbury Lane

Silsoe

Bedford

Bedfordshire

MK45 4EX

REGISTERED NUMBER:

03536236 (England and Wales)

ACCOUNTANTS:

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Tangible assets

4

77,306

84,868

CURRENT ASSETS

Stocks

5

2,890,137

1,449,834

Debtors

6

891,848

914,098

Cash at bank

24,700

395,096

3,806,685

2,759,028

CREDITORS

Amounts falling due within one year

7

2,560,621

1,358,485

NET CURRENT ASSETS

1,246,064

1,400,543

TOTAL ASSETS LESS CURRENT LIABILITIES

1,323,370

1,485,411

CREDITORS

Amounts falling due after more than one year

8

(24,713

)

(36,371

)

PROVISIONS FOR LIABILITIES

(16,050

)

(21,217

)

NET ASSETS

1,282,607

1,427,823

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,282,507

1,427,723

SHAREHOLDERS' FUNDS

1,282,607

1,427,823

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2026 and were signed by:

Mr F K Doyle - Director

1.	STATUTORY INFORMATION

Acorn Building Services (Luton) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover shown in the profit and loss acount represents amounts invoiced during the year and sale of properties exclusive of value added tax where applicable.

Revenue from the sale of goods and services are 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of

depreciation and any impairment losses.

The gain or loss arising on disposal of an asset is determined at the difference between the sale proceeds and the carrying value of the asset and is credited or charged to the profit or loss.

Work in progress

Work in progress is valued at the lower of cost and net realisable value. The cost of work in progress is made up of land, raw materials, direct labour and other direct costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

105,609

3,696

46,725

9,109

165,139

Additions

-

-

15,983

-

15,983

Disposals

(9,800

)

-

-

-

(9,800

)

At 31 March 2026

95,809

3,696

62,708

9,109

171,322

DEPRECIATION

At 1 April 2025

34,391

3,425

34,854

7,601

80,271

Charge for year

9,433

40

5,365

377

15,215

Eliminated on disposal

(1,470

)

-

-

-

(1,470

)

At 31 March 2026

42,354

3,465

40,219

7,978

94,016

NET BOOK VALUE

At 31 March 2026

53,455

231

22,489

1,131

77,306

At 31 March 2025

71,218

271

11,871

1,508

84,868

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

56,630

-

56,630

Additions

-

15,983

15,983

At 31 March 2026

56,630

15,983

72,613

DEPRECIATION

At 1 April 2025

8,495

-

8,495

Charge for year

7,220

2,397

9,617

At 31 March 2026

15,715

2,397

18,112

NET BOOK VALUE

At 31 March 2026

40,915

13,586

54,501

At 31 March 2025

48,135

-

48,135

5.

STOCKS

2026

2025

£

£

Work-in-progress

2,890,137

1,449,834

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

888,559

854,126

VAT

3,289

59,972

891,848

914,098

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,295,138

804,555

Other loans

1,670

11,667

Hire purchase contracts (see note 9)

22,081

17,194

Trade creditors

3,625

246,754

Corporation tax

13,578

154,164

Taxation and social security

5,801

6,626

Other creditors

5,840

14,477

Director's loan account

208,388

98,548

Accrued expenses

4,500

4,500

2,560,621

1,358,485

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

24,713

36,371

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2026

2025

£

£

Net obligations repayable:

Within one year

22,081

17,194

Between one and five years

24,713

36,371

46,794

53,565

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

2,295,138

804,555

Hire purchase contracts

46,794

53,565

2,341,932

858,120

The bank loan was secured by way of fixed and floating charges against the site to which it relates.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr F K Doyle.