Registered Number
:
02807243
|
For the year ended 30 April 2019
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2019
Acorn Plating Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Acorn Plating Limited
Statement of Financial Position
2018
2019
Property
,
plant and equipment
|
24,478
28,338
2
24,478
28,338
5,534
5,478
3
Trade and other receivables
|
75,743
103,166
4
121,364
Cash and cash equivalents
|
85,215
193,859
202,641
Trade and other payables
:
amounts falling due within one year
|
(90,357)
(81,580)
5
112,284
112,279
Net current assets
Total assets less current liabilities
|
136,757
140,622
(5,358)
(5,358)
Provisions for liabilities
|
131,399
Net assets
135,264
90
90
131,309
135,174
131,399
135,264
Shareholders' funds
For the year ended 30 April 2019 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 of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 21 June 2019 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 30 April 2019
Acorn Plating Limited
Notes to the Financial Statements
Statutory Information
Acorn Plating Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
02807243
.
|
4 Vulcan Way
Swan Lane
Sandhurst
BERKSHIRE
GU47 9DB
The presentation currency is £ sterling
.
|
The Financial Statements are rounded to the nearest £
.
|
These Financial Statements have been prepared in compliance with Section
1
A of FRS
102
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
|
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The
|
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension costs and other post-retirement benefits
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense in the Income statement when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Finacial Position.
|
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For the year ended 30 April 2019
Acorn Plating Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
130,013
4,681
20,757
104,575
692
417
275
-
104,575
21,032
5,098
130,705
Provision for depreciation and impairment
|
101,675
4,068
12,721
84,886
Charge for year
4,552
802
670
3,080
106,227
4,870
13,391
87,966
16,609
7,641
228
24,478
19,689
8,036
613
28,338
2018
2019
5,478
5,534
4
.
Trade and other receivables
|
2018
2019
93,224
66,813
9,942
8,930
75,743
103,166
5
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
4,965
9,885
Taxation and social security
|
35,981
28,829
40,634
51,643
81,580
90,357
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For the year ended 30 April 2019
Acorn Plating Limited
Notes to the Financial Statements Continued
6
.
Guarantees and other financial commitments
|
At
30
April
2019
the company had annual commitments under non
-
cancellable operating leases as set out below
:
|
2018
2019
Operating leases which expire
:
|
3,058
52,245
-
195,000
198,058
52,245
7
.
Average number of persons employed
|
During the year the average number of employees was 13 (2018 : 13)
4 of 4