ACORN TARGET SYSTEMS LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04455315

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,490		9,353

			8,490		9,353
CURRENT ASSETS
Stocks	5	39,009		66,225
Debtors	6	12,580		615
Cash at bank and in hand		-		7,298

		51,589		74,138
Creditors: Amounts Falling Due Within One Year	7	(56,831 )		(36,074 )

NET CURRENT ASSETS (LIABILITIES)			(5,242 )		38,064

TOTAL ASSETS LESS CURRENT LIABILITIES			3,248		47,417

Creditors: Amounts Falling Due After More Than One Year	8		-		(7,137 )

NET ASSETS			3,248		40,280

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Profit and Loss Account			2,248		39,280

SHAREHOLDERS' FUNDS			3,248		40,280

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ACORN TARGET SYSTEMS LTD

Balance Sheet (continued)

As At 31 July 2026

For the year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Bretton

Director

14/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

ACORN TARGET SYSTEMS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 04455315 . The registered office is UNIT 32 WOLESLEY BUSINESS PARK MOBBS WAY, OULTON, LOWESTOFT, Suffolk, NR32 3FA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance
Fixtures & Fittings	20% reducing balance
Computer Equipment	20% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

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ACORN TARGET SYSTEMS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 August 2025	25,277	10,140	11,415	4,140	50,972
Additions	-	-	221	1,038	1,259

As at 31 July 2026	25,277	10,140	11,636	5,178	52,231

Depreciation
As at 1 August 2025	20,508	9,345	10,269	1,497	41,619
Provided during the period	954	159	273	736	2,122

As at 31 July 2026	21,462	9,504	10,542	2,233	43,741

Net Book Value
As at 31 July 2026	3,815	636	1,094	2,945	8,490

As at 1 August 2025	4,769	795	1,146	2,643	9,353

5. Stocks

	2026	2025
	£	£
Stock	39,009	66,225

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	12,184	614
Other debtors	396	1

	12,580	615

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	9,823	14,063
Bank loans and overdrafts	7,756	-
Other creditors	39,252	22,011

	56,831	36,074

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	7,137

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ACORN TARGET SYSTEMS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,000	1,000

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