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REGISTERED NUMBER: 04327082 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2021

FOR

ARMACRE LIMITED

ARMACRE LIMITED (REGISTERED NUMBER: 04327082)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARMACRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2021







DIRECTORS: A M Flower
Mrs N M Flower





REGISTERED OFFICE: Windover House
St. Ann Street
Salisbury
SP1 2DR





REGISTERED NUMBER: 04327082 (England and Wales)





ACCOUNTANTS: Fawcetts LLP
Chartered Accountants
Windover House
St. Ann Street
Salisbury
SP1 2DR

ARMACRE LIMITED (REGISTERED NUMBER: 04327082)

BALANCE SHEET
30 NOVEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,152 18,699
Investments 5 100 96,471
23,252 115,170

CURRENT ASSETS
Stocks 9,277 53,092
Debtors 6 316,267 198,579
Cash at bank 494,463 796,871
820,007 1,048,542
CREDITORS
Amounts falling due within one year 7 172,477 456,181
NET CURRENT ASSETS 647,530 592,361
TOTAL ASSETS LESS CURRENT LIABILITIES 670,782 707,531

PROVISIONS FOR LIABILITIES 2,768 3,553
NET ASSETS 668,014 703,978

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve - Investments 9 - 18,871
Retained earnings 667,914 685,007
SHAREHOLDERS' FUNDS 668,014 703,978

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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.

ARMACRE LIMITED (REGISTERED NUMBER: 04327082)

BALANCE SHEET - continued
30 NOVEMBER 2021


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 Board of Directors and authorised for issue on 25 August 2022 and were signed on its behalf by:





A M Flower - Director


ARMACRE LIMITED (REGISTERED NUMBER: 04327082)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021


1. STATUTORY INFORMATION

Armacre 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis and are presented in Sterling (£) which is the functional currency of the company.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents invoiced sales of 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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

ARMACRE LIMITED (REGISTERED NUMBER: 04327082)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021


2. ACCOUNTING POLICIES - continued

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.

Fixed asset investments
Listed investments are valued at fair value. Unlisted investments are valued at cost.

Debtors
Debtors are measured at their recoverable amount.

Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2020 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2020 62,948
Additions 10,470
Disposals (3,995 )
At 30 November 2021 69,423
DEPRECIATION
At 1 December 2020 44,249
Charge for year 5,590
Eliminated on disposal (3,568 )
At 30 November 2021 46,271
NET BOOK VALUE
At 30 November 2021 23,152
At 30 November 2020 18,699

ARMACRE LIMITED (REGISTERED NUMBER: 04327082)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 December 2020 96,471
Disposals (87,224 )
Revaluations (9,147 )
At 30 November 2021 100
NET BOOK VALUE
At 30 November 2021 100
At 30 November 2020 96,471

Cost or valuation at 30 November 2021 is represented by:

Other
investments
£   
Valuation in 2021 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 240,173 197,100
Other debtors 76,094 1,479
316,267 198,579

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 44,125 92,673
Taxation and social security 99,152 83,776
Other creditors 29,200 279,732
172,477 456,181

ARMACRE LIMITED (REGISTERED NUMBER: 04327082)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
5 Ordinary A £1 5 30
5 Ordinary B £1 5 10
45 Ordinary C £1 45 45
45 Ordinary D £1 45 15
100 100

9. RESERVES
Fair
value
reserve
- Investment
£   
At 1 December 2020 18,871
Transfers (18,871 )

At 30 November 2021 -

The fair value reserve is used to record unrealised gains in the value of investments and losses to the extent that such a loss relates to a previous gain on the same asset.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2021 and 30 November 2020:

2021 2020
£    £   
A M Flower
Balance outstanding at start of year - -
Amounts advanced 75,794 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 75,794 -

11. RELATED PARTY DISCLOSURES

Creditors due within one year includes a directors loan account balance of £nil (2020 - £212,252 was owed in total to two directors).