IRIS Accounts Production v23.3.1.45 08917265 director 1.4.22 31.3.23 31.3.23 9.8.23 0 0 false true false false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure089172652022-03-31089172652023-03-31089172652022-04-012023-03-31089172652021-03-31089172652021-04-012022-03-31089172652022-03-3108917265ns16:EnglandWales2022-04-012023-03-3108917265ns15:PoundSterling2022-04-012023-03-3108917265ns11:Director12022-04-012023-03-3108917265ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3108917265ns11:SmallEntities2022-04-012023-03-3108917265ns11:Audited2022-04-012023-03-3108917265ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3108917265ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3108917265ns11:FullAccounts2022-04-012023-03-310891726512022-04-012023-03-3108917265ns11:EntityNoLongerTradingButTradedInPast2022-04-012023-03-3108917265ns11:OrdinaryShareClass12022-04-012023-03-3108917265ns11:RegisteredOffice2022-04-012023-03-3108917265ns6:ShareCapital2023-03-3108917265ns6:ShareCapital2022-03-3108917265ns6:NetGoodwill2022-04-012023-03-3108917265ns6:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108917265ns6:NetGoodwill2022-03-3108917265ns6:NetGoodwill2023-03-3108917265ns6:NetGoodwill2022-03-3108917265ns6:CurrentFinancialInstruments2023-03-3108917265ns6:CurrentFinancialInstruments2022-03-3108917265ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 08917265 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Arbeco Limited

Arbeco Limited (Registered number: 08917265)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Arbeco Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: R M L Southwood





REGISTERED OFFICE: 3rd Floor, The Clove Building
4 Maguire Street
London
SE1 2NQ





REGISTERED NUMBER: 08917265 (England and Wales)





AUDITORS: Parkers
Chartered Accountants and Statutory Auditors
Cornelius House
178-180 Church Road
Hove
East Sussex
BN3 2DJ

Arbeco Limited (Registered number: 08917265)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Debtors 5 100 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

100

CAPITAL AND RESERVES
Called up share capital 6 100 100
SHAREHOLDERS' FUNDS 100 100

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 9 August 2023 and were signed by:





R M L Southwood - Director


Arbeco Limited (Registered number: 08917265)

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

1. STATUTORY INFORMATION

Arbeco 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.


Arbeco Limited (Registered number: 08917265)

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

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Impairment on non-financial assets
At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that any asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Arbeco Limited (Registered number: 08917265)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 15,000
AMORTISATION
At 1 April 2022
and 31 March 2023 15,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Amounts owed by group undertakings 100 100

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 100 100

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Annette Watson PhD BSc FCA (Senior Statutory Auditor)
for and on behalf of Parkers