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REGISTERED NUMBER: 03206066 (England and Wales)















Acorn Development Limited

Unaudited Financial Statements

for the Year Ended 31 August 2018






Acorn Development Limited (Registered number: 03206066)

Contents of the Financial Statements
for the Year Ended 31 August 2018










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Acorn Development Limited

Company Information
for the Year Ended 31 August 2018







DIRECTORS: Rinaldo Fasulo
Nicolino Nino Pucacco
Jane Elizabeth Pucacco





SECRETARY: Nicolino Nino Pucacco





REGISTERED OFFICE: 32 Thorpe Wood
Thorpe Wood Business Park
Peterborough
Cambridgeshire
PE3 6SR





REGISTERED NUMBER: 03206066 (England and Wales)





ACCOUNTANTS: Haines Watts Peterborough Limited
32 Thorpe Wood
Thorpe Wood Business Park
Peterborough
Cambridgeshire
PE3 6SR

Acorn Development Limited (Registered number: 03206066)

Statement of Financial Position
31 August 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 505,505 505,505

CURRENT ASSETS
Debtors 6 8,294 8,978
Cash at bank 13,051 25,092
21,345 34,070
CREDITORS
Amounts falling due within one year 7 29,769 26,146
NET CURRENT (LIABILITIES)/ASSETS (8,424 ) 7,924
TOTAL ASSETS LESS CURRENT
LIABILITIES

497,081

513,429

CREDITORS
Amounts falling due after more than one
year

8

-

206
NET ASSETS 497,081 513,223

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings 497,031 513,173
497,081 513,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 12 December 2018 and were signed on its behalf
by:





Rinaldo Fasulo - Director


Acorn Development Limited (Registered number: 03206066)

Notes to the Financial Statements
for the Year Ended 31 August 2018


1. STATUTORY INFORMATION

Acorn Development 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - in accordance with the property

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that
it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 September 2017
and 31 August 2018 505,505
NET BOOK VALUE
At 31 August 2018 505,505
At 31 August 2017 505,505

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors (7,375 ) (6,022 )
Other debtors 15,669 15,000
8,294 8,978

Acorn Development Limited (Registered number: 03206066)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2018


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 9,275 -
Taxation and social security 6,629 12,704
Other creditors 13,865 13,442
29,769 26,146

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2018 2017
£    £   
Other creditors - 206

9. RELATED PARTY DISCLOSURES

At the year end a total of £7,508 (2017: £7,092) was owing to the directors. This loan is deemed interest free
and repayable on demand.