REGISTERED NUMBER: 06479722 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2019

FOR

ACORN IT SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr A M Dudley

SECRETARY:

Mrs J D Dudley

REGISTERED OFFICE:

3 House Meadow

Tipton

West Midlands

DY4 9RF

REGISTERED NUMBER:

06479722 (England and Wales)

ACCOUNTANTS:

Wynniatt-Husey Ltd

Chartered Accountants

The Old Coach House

Horsefair

Rugeley

Staffordshire

WS15 2EL

FIXED ASSETS

226

Tangible assets

4

666

CURRENT ASSETS

2,280

Debtors

5

2,280

79,444

Cash at bank

65,681

81,724

67,961

CREDITORS

17,274

Amounts falling due within one year

6

19,034

64,450

NET CURRENT ASSETS

48,927

64,676

TOTAL ASSETS LESS CURRENT LIABILITIES

49,593

CAPITAL AND RESERVES

1

Called up share capital

7

1

64,675

Retained earnings

49,592

64,676

SHAREHOLDERS' FUNDS

49,593

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 10 April 2019 and were signed by:

Mr A M Dudley - Director

1.	STATUTORY INFORMATION

Acorn IT Services 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

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 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

Totals

fittings

equipment

£

£

£

COST

At 1 February 2018

19,549

1,114

18,435

Additions

1,000

-

1,000

At 31 January 2019

20,549

1,114

19,435

DEPRECIATION

At 1 February 2018

19,323

1,114

18,209

Charge for year

560

-

560

At 31 January 2019

19,883

1,114

18,769

NET BOOK VALUE

At 31 January 2019

666

-

666

At 31 January 2018

226

-

226

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.19

31.1.18

£

£

Trade debtors

2,280

2,280

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.19

31.1.18

£

£

Trade creditors

(1

)

77

Taxation and social security

13,857

12,274

Other creditors

5,178

4,923

19,034

17,274

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.19

31.1.18

value:

£

£

1

Ordinary

£1

1

1