Acorn To Oaks Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09671540 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2019

for

Acorn To Oaks Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Gupta

REGISTERED OFFICE:

93 Church Street

Bilston

West Midlands

WV14 0BJ

REGISTERED NUMBER:

09671540 (England and Wales)

ACCOUNTANTS:

Appleby Mall Limited

Chartered Accountants

86 Tettenhall Road

Wolverhampton

West Midlands

WV1 4TF

FIXED ASSETS

Tangible assets

4

927

698

CURRENT ASSETS

Debtors

5

14,123

12,787

Cash at bank

6,550

11,172

20,673

23,959

CREDITORS

Amounts falling due within one year

6

20,303

21,112

NET CURRENT ASSETS

370

2,847

TOTAL ASSETS LESS CURRENT LIABILITIES

1,297

3,545

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

1,197

3,445

SHAREHOLDERS' FUNDS

1,297

3,545

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 29 July 2020 and were signed by:

R Gupta - Director

1.	STATUTORY INFORMATION

Acorn To Oaks Associates 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Taxation

Taxation for the year comprises current and deferred 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 or deferred taxation assets and liabilities are not discounted.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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 future taxable profits.

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 4 (2018 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2018

931

Additions

538

At 31 July 2019

1,469

DEPRECIATION

At 1 August 2018

233

Charge for year

309

At 31 July 2019

542

NET BOOK VALUE

At 31 July 2019

927

At 31 July 2018

698

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

150

Other debtors

14,123

12,637

14,123

12,787

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

15,878

20,537

Other creditors

4,425

575

20,303

21,112

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

1

100

100

8.	ULTIMATE CONTROLLING PARTY

The controlling party is City of London Group.