ACORN CONTRACT & HIRE LIMITED

ACORN CONTRACT & HIRE LIMITED

ACORN CONTRACT & HIRE LIMITED - Company Information

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ACORN CONTRACT & HIRE LIMITED

Company Registration Number:
04455094 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2020

Period of accounts

Start date: 01 July 2019

End date: 30 June 2020

ACORN CONTRACT & HIRE LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2020

Balance sheet
Notes

ACORN CONTRACT & HIRE LIMITED

Balance sheet

As at 30 June 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 1,078,597 851,624
Total fixed assets: 1,078,597 851,624
Current assets
Debtors:   275,584 205,644
Cash at bank and in hand: 241,523 349,142
Total current assets: 517,107 554,786
Creditors: amounts falling due within one year:   (172,914) (216,558)
Net current assets (liabilities): 344,193 338,228
Total assets less current liabilities: 1,422,790 1,189,852
Creditors: amounts falling due after more than one year:   (1,086,967) (946,844)
Total net assets (liabilities): 335,823 243,008
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 335,822 243,007
Shareholders funds: 335,823 243,008

The notes form part of these financial statements

ACORN CONTRACT & HIRE LIMITED

Balance sheet statements

For the year ending 30 June 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 June 2021
and signed on behalf of the board by:

Name: ZHAHED YOUNIS
Status: Director

The notes form part of these financial statements

ACORN CONTRACT & HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ACORN CONTRACT & HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

2. Employees

2020 2019
Average number of employees during the period 75 70

ACORN CONTRACT & HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

3. Tangible Assets

Total
Cost £
At 01 July 2019 2,227,302
Additions 377,928
At 30 June 2020 2,605,230
Depreciation
At 01 July 2019 1,375,678
Charge for year 150,955
At 30 June 2020 1,526,633
Net book value
At 30 June 2020 1,078,597
At 30 June 2019 851,624