REGISTERED NUMBER: 06872342 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2018

for

Acorn Kitchens & Bathrooms Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

H Cooper

REGISTERED OFFICE:

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

REGISTERED NUMBER:

06872342 (England and Wales)

ACCOUNTANTS:

Danton Partners Ltd

7 Merlin Courtyard

Gatehouse Close

Aylesbury

Buckinghamshire

HP19 8DP

FIXED ASSETS

Tangible assets

4

13,035

16,533

CURRENT ASSETS

Debtors

5

54,752

40,268

Cash at bank and in hand

65,315

78,809

120,067

119,077

CREDITORS

Amounts falling due within one year

6

89,692

114,690

NET CURRENT ASSETS

30,375

4,387

TOTAL ASSETS LESS CURRENT LIABILITIES

43,410

20,920

CAPITAL AND RESERVES

Called up share capital

7

4

4

Retained earnings

8

43,406

20,916

SHAREHOLDERS' FUNDS

43,410

20,920

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2018 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 5 January 2019 and were signed by:

H Cooper - Director

1.	STATUTORY INFORMATION

Acorn Kitchens & Bathrooms Ltd 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 represents the invoiced value of sales of goods and services, excluding value added tax.

Tangible fixed assets

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

Motor vehicles

-

20% on cost

Computer equipment

-

20% 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 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Motor

Computer

property

vehicles

equipment

Totals

£

£

£

£

COST

At 6 April 2017

and 5 April 2018

8,413

17,490

575

26,478

DEPRECIATION

At 6 April 2017

-

9,373

572

9,945

Charge for year

-

3,498

-

3,498

At 5 April 2018

-

12,871

572

13,443

NET BOOK VALUE

At 5 April 2018

8,413

4,619

3

13,035

At 5 April 2017

8,413

8,117

3

16,533

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.18

5.4.17

£

£

Trade debtors

33,470

15,900

Other debtors

21,282

24,368

54,752

40,268

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.18

5.4.17

£

£

Hire purchase contracts

-

1,601

Trade creditors

16,080

22,296

Taxation and social security

25,372

16,685

Other creditors

48,240

74,108

89,692

114,690

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.18

5.4.17

value:

£

£

4

Ordinary

£1

4

4

8.

RESERVES

Retained

earnings

£

At 6 April 2017

20,916

Profit for the year

42,490

Dividends

(20,000

)

At 5 April 2018

43,406

9.	RELATED PARTY DISCLOSURES

Other creditors include £48,169 (2017 - £74,037) due to the director. There are no fixed terms for the repayment

of this amount.

Interest of £995 has been charged on this loan for the year.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director, Mr H Cooper.