ACH Flooring Services Ltd. - Filleted accounts


ACH FLOORING SERVICES LTD.

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
28 FEBRUARY 2025



































Company Registration Number: 03963686

ACH FLOORING SERVICES LTD.

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 9

ACH FLOORING SERVICES LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025


DIRECTOR

D A Rist


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

C9 Glyme Court
Oxford Office Village
Langford Lane
Kidlington
Oxford
OX5 1LQ


COMPANY REGISTRATION NUMBER

03963686 England and Wales

ACH FLOORING SERVICES LTD.

BALANCE SHEET
AS AT 28 FEBRUARY 2025


	Notes	2025		2024
		£		£

FIXED ASSETS
Tangible assets	6		34,858		33,841

CURRENT ASSETS
Stock		26,408		27,918
Debtors	7	162,415		164,895
Cash at bank and in hand		8,788		500


		197,611		193,313

CREDITORS: Amounts falling due within one year	8	128,218		146,615
CREDITORS: Amounts falling due within one year


NET CURRENT ASSETS			69,393		46,698


TOTAL ASSETS LESS CURRENT LIABILITIES			104,251		80,539

CREDITORS: Amounts falling due after more than one year	9		2,499		12,500
CREDITORS: Amounts falling due after more than one year

Provisions for liabilities and charges			8,715		8,460


NET ASSETS			93,037		59,579


CAPITAL AND RESERVES
Called up share capital			110		110
Distributable profit and loss account			92,927		59,469


SHAREHOLDER'S FUNDS			93,037		59,579

ACH FLOORING SERVICES LTD.

BALANCE SHEET
AS AT 28 FEBRUARY 2025


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

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.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board




D A Rist
Director

Date approved by the board: 27 November 2025

ACH FLOORING SERVICES LTD.

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1	GENERAL INFORMATION

	ACH Flooring Services Ltd. is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	C9 Glyme Court
	Oxford Office Village
	Langford Lane
	Kidlington
	Oxford
	OX5 1LQ

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable. It is recognised in respect of floor coverings installed, as soon as there is a right to consideration and is determined by reference to the value of the work performed. Turnover is stated net of trade discounts and value added tax.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.


	Intangible fixed assets

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. At acquisition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses.

	Goodwill amortisation is charged on a straight line basis so as to write off the cost of the asset, less its residual value assumed to be zero, over its useful economic life, which is estimated to be 20 years.

	If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new expectations.

ACH FLOORING SERVICES LTD.

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Tangible fixed assets

	Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

	Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.

	Plant and machinery					Straight line basis at 25% per annum
	Computer equipment					Straight line basis at 25% per annum
	Motor vehicles					Straight line basis at 25% per annum

	On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

	Financial Instruments

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Financial assets are measured at cost and are assessed at the end of each reporting period for objective evidence of impairment. Where objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.

The impairment loss for financial assets measured at cost is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.


	Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amount and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

ACH FLOORING SERVICES LTD.

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Impairment of non-financial assets

	At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

	Stocks are assessed for impairment at each reporting date. The carrying amount of each item of stock, or group of similar items, is compared with its selling price less cost to complete and sell. If an item of stock, or group of similar items, is impaired its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in the profit and loss account.

	If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.


	Stock

	Stock has been valued at the lower of cost and estimated selling price less cost to complete and sell, after making due allowance for obsolete and slow-moving items. Cost comprises the cost of goods purchased valued on a standard cost basis.

	The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

	Leases

	Leases are classified as finance leases when they transfer substantially all the risks and rewards of ownership of the leased assets to the company. Other leases that do not transfer substantially all the risks and rewards of ownership of the leased assets to the company are classified as operating leases.

	Payments applicable to operating leases are charged against profit on a straight line basis over the lease term.

ACH FLOORING SERVICES LTD.

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Current and deferred tax assets and liabilities are not discounted.

	Pensions

	The company operates a defined contribution pension scheme. The amount charged to the profit and loss account in respect of pension costs and other post-retirement benefits is the amount payable in the year. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments in the balance sheet.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	No significant accounting estimates and judgements have had to be made by the director in preparing these financial statements.

4	EMPLOYEES

	The average number of persons employed by the company (including the director) during the year / period was:

		2025	2024
	Average number of employees	14	14

ACH FLOORING SERVICES LTD.

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


5	INTANGIBLE FIXED ASSETS
					Net goodwill
					£
	Cost
	At 1 March 2024				14,400


	At 28 February 2025				14,400


	Accumulated amortisation and impairments
	At 1 March 2024				14,400


	At 28 February 2025				14,400


	Net book value
	At 1 March 2024				-


	At 28 February 2025				-


6	TANGIBLE ASSETS
		Plant and machinery	Computer equipment	Motor vehicles	Total
		£	£	£	£
	Cost
	At 1 March 2024	25,569	9,211	103,885	138,665

	Additions	3,381	-	13,000	16,381

	Disposals	-	-	(8,975)	(8,975)


	At 28 February 2025	28,950	9,211	107,910	146,071


	Accumulated depreciation and impairments
	At 1 March 2024	25,080	7,415	72,329	104,824

	Charge for year	922	552	13,890	15,364

	Disposals	-	-	(8,975)	(8,975)


	At 28 February 2025	26,002	7,967	77,244	111,213


	Net book value
	At 1 March 2024	489	1,796	31,556	33,841


	At 28 February 2025	2,948	1,244	30,666	34,858

ACH FLOORING SERVICES LTD.

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


7	DEBTORS
					2025	2024
					£	£
	Trade debtors				124,815	73,059
	Prepayments and accrued income				4,960	5,711
	Other debtors				32,640	86,125


					162,415	164,895


8	CREDITORS: Amounts falling due within one year
					2025	2024
					£	£
	Bank loans and overdrafts				10,000	24,688
	Trade creditors				98,737	42,564
	Taxation and social security				14,787	19,938
	Accruals and deferred income				4,352	4,351
	Other creditors				342	55,074


					128,218	146,615


9	CREDITORS: Amounts falling due after more than one year
					2025	2024
					£	£
	Bank loans and overdrafts				2,499	12,500


10	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

	The following director's advances, credits and guarantees took place during the year:

		Balance at 1 March 2024	Amounts advanced	Amounts repaid	Amounts written off or waived	Balance at 28 February 2025
		£	£	£	£	£
	D A Rist	-	41,225	41,225	-	-

	Interest has been charged on this advance at the Beneficial Loan Arrangement Official Rate as prescribed by HM Revenue and Customs. The advance is repayable on demand.

11	RELATED PARTY TRANSACTIONS

	The company has claimed exemptions from reporting disclosure of related party transactions with the following wholly owned group members:

	Kennington Flooring Limited	Parent undertaking
	Vale Curtains and Blinds Limited	Group member