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Company Registration No. 12581339 (England and Wales)
ARKWRIGHT LONDON LTD Unaudited accounts for the year ended 31 May 2023
ARKWRIGHT LONDON LTD Unaudited accounts Contents
Page
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ARKWRIGHT LONDON LTD Company Information for the year ended 31 May 2023
Director
Harald Lauritz Thorstein
Company Number
12581339 (England and Wales)
Registered Office
Profile West Suite 2 First Floor 950 Great West Road Brentford TW8 9ES United Kingdom
Accountants
Majestic Accountants Limited Profile West, 950 Great West Road Suite 2, Floor 1 Brentford Middlesex TW8 9ES
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ARKWRIGHT LONDON LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,573 
Investments
2,196,250 
- 
2,196,250 
2,573 
Current assets
Debtors
100,100 
100 
Cash at bank and in hand
300,409 
411,925 
400,509 
412,025 
Creditors: amounts falling due within one year
(134,866)
(183,688)
Net current assets
265,643 
228,337 
Total assets less current liabilities
2,461,893 
230,910 
Provisions for liabilities
Deferred tax
(384,856)
- 
Net assets
2,077,037 
230,910 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
2,025,558 
- 
Profit and loss account
51,379 
230,810 
Shareholders' funds
2,077,037 
230,910 
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 September 2023 and were signed on its behalf by
Harald Lauritz Thorstein Director Company Registration No. 12581339
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ARKWRIGHT LONDON LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
ARKWRIGHT LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 12581339. The registered office is Profile West Suite 2, First Floor, 950 Great West Road, Brentford, TW8 9ES, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
has been depreciated using the straight line method over 3 years.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
7,719 
At 31 May 2023
7,719 
Depreciation
At 1 June 2022
5,146 
Charge for the year
2,573 
At 31 May 2023
7,719 
Net book value
At 31 May 2023
- 
At 31 May 2022
2,573 
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ARKWRIGHT LONDON LTD Notes to the Accounts for the year ended 31 May 2023
5
Investments
Other investments 
£ 
Valuation at 1 June 2022
- 
Additions
170,692 
Fair value adjustments
2,025,558 
Valuation at 31 May 2023
2,196,250 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
100,100 
100 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
127,021 
130,363 
Other creditors
257 
38,643 
Loans from directors
7,588 
14,682 
134,866 
183,688 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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