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REGISTERED NUMBER: 07498754 (England and Wales)














ARBDB LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2023






ARBDB LIMITED (REGISTERED NUMBER: 07498754)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2023




Page

Balance Sheet 1


ARBDB LIMITED (REGISTERED NUMBER: 07498754)

BALANCE SHEET
31ST JANUARY 2023

2023 2022
£    £   
CURRENT ASSETS 223,063 271,689

CREDITORS
Amounts falling due within one year (200,794 ) (254,535 )
NET CURRENT ASSETS 22,269 17,154
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,269

17,154

CAPITAL AND RESERVES 22,269 17,154

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

ArbDB Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07498754

Registered office: 137, Station Road,
Chingford,
London
E4 6AG

2. AVERAGE NUMBER OF EMPLOYEES AND DIRECTORS

The average number of directors during the year was 3 (2022 - 3).

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end date the company owed the directors the following amounts in respect of their directors' current accounts:

20232022
Mr A.L. Marks£5,000£10,000
Mr C.J. Wright£5,000£10,000
Mr M.D. Cover£5,000£10,000

These sums are undated, unsecured and interest free.

During the year the company purchased arbitration and mediation services from its directors Mr A.L. Marks and Mr C.J. Wright and from Decouvert Limited (formerly Michael Cover ADR Limited) amounting to £44,753 (2022 - £7,948), £173,177 (2022 - £172,890) and £131,515 (2022 - £186,696) respectively, net of VAT.

Sums outstanding and due to Mr A.L. Marks as at the balance sheet date amounted to £NIL (2022 - £Nil). Sums outstanding and due to Mr C.J. Wright as at the balance sheet date amounted to £11,101 (2022 - £15,734). Sums outstanding and due to Decouvert Limited (formerly Michael Cover ADR Limited) as at the balance sheet date amounted to £NIL (2022 - £16,399).

These transactions are all on a commercial basis.



ARBDB LIMITED (REGISTERED NUMBER: 07498754)

BALANCE SHEET - continued
31ST JANUARY 2023


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

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

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 5th September 2023 and were signed on its behalf by:




Mr M.D. Cover - Director Mr A.L. Marks - Director




Mr C.J. Wright - Director