Company Registration No. 4235237 (England and Wales)
Aredis Limited
Unaudited accounts
for the year ended 31 August 2022
Aredis Limited
Unaudited accounts
Contents
Aredis Limited
Company Information
for the year ended 31 August 2022
Company Number
4235237 (England and Wales)
Registered Office
10 Claro Court Business Centre
Claro Road
Harrogate
North Yorkshire
HG1 4BA
Accountants
John Shackleton & Co Ltd,
10 Claro Court Business Centre
Claro Road
Harrogate
North Yorkshire
HG1 4BA
Aredis Limited
Statement of financial position
as at 31 August 2022
Tangible assets
83,587
61,844
Inventories
299,216
251,216
Cash at bank and in hand
2,867
11,378
Creditors: amounts falling due within one year
(730,150)
(536,496)
Net current liabilities
(418,858)
(256,034)
Total assets less current liabilities
(317,185)
(176,104)
Creditors: amounts falling due after more than one year
(35,924)
(37,430)
Net liabilities
(353,109)
(213,534)
Called up share capital
1
1
Profit and loss account
(353,110)
(213,535)
Shareholders' funds
(353,109)
(213,534)
For the year ending 31 August 2022 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 28 November 2023 and were signed on its behalf by
Mr S Pullan
Director
Company Registration No. 4235237
Aredis Limited
Notes to the Accounts
for the year ended 31 August 2022
Aredis Limited is a private company, limited by shares, registered in England and Wales, registration number 4235237. The registered office is 10 Claro Court Business Centre, Claro Road, Harrogate, North Yorkshire, HG1 4BA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% of cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
63,711
72,700
740
137,151
Additions
49,605
-
-
49,605
At 31 August 2022
113,316
72,700
740
186,756
At 1 September 2021
31,828
42,740
739
75,307
Charge for the year
20,372
7,490
-
27,862
At 31 August 2022
52,200
50,230
739
103,169
At 31 August 2022
61,116
22,470
1
83,587
At 31 August 2021
31,883
29,960
1
61,844
Aredis Limited
Notes to the Accounts
for the year ended 31 August 2022
5
Investments
Other investments
Valuation at 1 September 2021
18,086
Valuation at 31 August 2022
18,086
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
7,992
-
Trade creditors
24,161
5,304
Other creditors
4,369
4,632
Loans from directors
679,128
513,260
8
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
7,993
-
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).