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REGISTERED NUMBER: 09958949 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2023

for

ARCHITECH LABS LIMITED

ARCHITECH LABS LIMITED (REGISTERED NUMBER: 09958949)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARCHITECH LABS LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTORS: A V Fletcher
N A Murton





REGISTERED OFFICE: 100 Church Street
Brighton
East Sussex
BN1 1UJ





REGISTERED NUMBER: 09958949 (England and Wales)





ACCOUNTANTS: Paddenburg & Co Limited
100 Church Street
Brighton
East Sussex
BN1 1UJ

ARCHITECH LABS LIMITED (REGISTERED NUMBER: 09958949)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,723 2,297

CURRENT ASSETS
Debtors 5 114,167 82,877
Cash at bank 470,672 459,376
584,839 542,253
CREDITORS
Amounts falling due within one year 6 299,897 64,089
NET CURRENT ASSETS 284,942 478,164
TOTAL ASSETS LESS CURRENT
LIABILITIES

286,665

480,461

PROVISIONS FOR LIABILITIES 7 327 3,796
NET ASSETS 286,338 476,665

CAPITAL AND RESERVES
Called up share capital 122 122
Retained earnings 286,216 476,543
SHAREHOLDERS' FUNDS 286,338 476,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

ARCHITECH LABS LIMITED (REGISTERED NUMBER: 09958949)

Balance Sheet - continued
31 March 2023


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 10 October 2023 and were signed on its behalf by:




A V Fletcher - Director



N A Murton - Director


ARCHITECH LABS LIMITED (REGISTERED NUMBER: 09958949)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Architech Labs 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.
Computer equipment - 25% on reducing balance

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 1 (2022 - NIL ) .

ARCHITECH LABS LIMITED (REGISTERED NUMBER: 09958949)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2022
and 31 March 2023 7,149
DEPRECIATION
At 1 April 2022 4,852
Charge for year 574
At 31 March 2023 5,426
NET BOOK VALUE
At 31 March 2023 1,723
At 31 March 2022 2,297

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 12,117 11,388
Other debtors 95,805 66,539
Architech Staff Limited 1,231 2,524
VAT 567 2,426
Prepayments 4,447 -
114,167 82,877

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 144 -
Tax 95,228 55,159
Social security and other taxes 486 -
Pensions 163 -
Credit card 2,096 2,047
Penwright Marketing Ltd - 529
Wages 1,824 -
Directors' loan accounts 3,056 3,054
Deferred income 189,596 -
Accrued expenses 7,304 3,300
299,897 64,089

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 327 3,796

ARCHITECH LABS LIMITED (REGISTERED NUMBER: 09958949)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2022 3,796
Net movement (3,469 )
Balance at 31 March 2023 327

8. RELATED PARTY DISCLOSURES

During the period the company issued dividends to both its directors other sole director - shareholder companies, which own alphabet shares in this company. Prestige Digital Limited and Penwright Marketing Limited received £421,850 (2022: £289,700) and £349,800 (2022: £278,450) respectively.

Furthermore, at the end of the period the company is owed £1,231 (2022: £2,524) from both its directors other sole director - shareholder company Architech Staff Limited in relation to intercompany transactions.

In addition, during the period Architech Staff Limited provided services worth £1,000 (2022: £30,472) to the company.

The companies traded on normal commercial terms.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A V Fletcher.