Company No: 04344083 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mr G Morgan
	Ms M Stallwood
	Ms N Stallwood

SECRETARY

Ms N Stallwood

REGISTERED OFFICE	1st Floor
	Corn Exchange Business Centre Market Place
	Hadleigh
	Ipswich
	IP7 5DN
	United Kingdom

COMPANY NUMBER

04344083 (England and Wales)

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	123,153		93,538
		123,153		93,538
Current assets
Debtors	4	3,537,000		3,245,115
Cash at bank and in hand		242,247		150,813
		3,779,247		3,395,928
Creditors: amounts falling due within one year	5	( 2,799,563)		( 1,933,342)
Net current assets		979,684		1,462,586
Total assets less current liabilities		1,102,837		1,556,124
Creditors: amounts falling due after more than one year	6	( 51,035)		( 135,714)
Provision for liabilities	7	( 23,104)		( 16,285)
Net assets		1,028,698		1,404,125
Capital and reserves
Called-up share capital		131		131
Profit and loss account		1,028,567		1,403,994
Total shareholders' funds		1,028,698		1,404,125

For the financial year ending 31 March 2026 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Accelerate Facilities Ltd (registered number: 04344083) were approved and authorised for issue by the Board of Directors on 19 October 2026. They were signed on its behalf by:

Ms N Stallwood Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Accelerate Facilities Ltd (the company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 1st Floor, Corn Exchange Business Centre, Market Place, Hadleigh, Ipswich, IP7 5DN, United Kingdom.

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date.

Interest income

Interest income is recognised on a time basis, by reference to the principal outstanding at the effective interest rate applicable.

Employee benefits

Defined contribution schemes
The company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Leases

The company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	312		338

3. Tangible assets

	Plant and machinery		Vehicles		Total
	£		£		£
Cost
At 01 April 2025	145,465		81,641		227,106
Additions	0		65,229		65,229
At 31 March 2026	145,465		146,870		292,335
Accumulated depreciation
At 01 April 2025	123,363		10,205		133,568
Charge for the financial year	5,525		30,089		35,614
At 31 March 2026	128,888		40,294		169,182
Net book value
At 31 March 2026	16,577		106,576		123,153
At 31 March 2025	22,102		71,436		93,538

4. Debtors

	2026		2025
	£		£
Trade debtors	1,670,615		926,500
Amounts owed by connected companies (note 9)	0		1,102,067
Prepayments	17,758		17,403
Other taxation and social security	188,893		188,893
Other debtors	1,659,734		1,010,252
	3,537,000		3,245,115

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans (secured)	105,657		118,450
Trade creditors	374,678		681,815
Accruals and deferred income	112,486		7,750
Corporation tax	425,401		197,685
Other taxation and social security	600,305		469,995
Obligations under finance leases and hire purchase contracts (secured)	46,250		26,037
Other creditors	1,134,786		431,610
	2,799,563		1,933,342

Included within other creditors is an invoice discounting facility balance of £700,107 (2025: £28,243) which is secured by a fixed and floating charge over the assets of the company.

The hire purchase creditors are secured against the assets to which they relate.

The bank loans are secured by a fixed and floating charge over the company's assets.

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		93,759
Obligations under finance leases and hire purchase contracts	51,035		41,955
	51,035		135,714

7. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	( 16,285)		0
Charged to the Profit and Loss Account	( 6,819)		( 16,285)
At the end of financial year	( 23,104)		( 16,285)

The deferred taxation balance is made up as follows:

	2026		2025
	£		£
Accelerated capital allowances	( 23,104)		( 16,285)

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2026		2025
	£		£
Within one year	15,000		60,000
Between one and five years	0		45,000
	15,000		105,000

9. Related party transactions

Transactions with owners holding a participating interest in the entity

	2026		2025
	£		£
Amounts owed by shareholders	577,819		315,730

During the year the shareholders' had interest-bearing loans, repayable on demand. Interest was charged at 3.75% (2025: 2.25%).

Transactions with the entity's directors

	2026		2025
	£		£
Amounts owed by directors	1,080,870		679,800

During the year the directors' had interest-bearing loans, repayable on demand. Interest was charged at 3.75% (2025: 2.25%).

Other related party transactions

	2026		2025
	£		£
Amounts owed by connected companies	0		1,102,067

The Company was owed £nil (2024: £1,102,067) by connected companies at the year end. No interest has been charged on these loans and they are repayable on demand.