0 30/06/2023 2023-06-30 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-07-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 08582307 2022-07-01 2023-06-30 08582307 2023-06-30 08582307 2022-06-30 08582307 bus:RegisteredOffice 2022-07-01 2023-06-30 08582307 bus:Director1 2022-07-01 2023-06-30 08582307 core:WithinOneYear 2023-06-30 08582307 core:WithinOneYear 2022-06-30 08582307 core:ShareCapital 2023-06-30 08582307 core:ShareCapital 2022-06-30 08582307 core:RetainedEarningsAccumulatedLosses 2023-06-30 08582307 core:RetainedEarningsAccumulatedLosses 2022-06-30 08582307 bus:Director1 2022-06-30 08582307 bus:SmallEntities 2022-07-01 2023-06-30 08582307 bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 08582307 bus:FullAccounts 2022-07-01 2023-06-30 08582307 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 08582307 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Company registration number: 08582307
Arunmoor (Handcross) Limited
Unaudited filleted financial statements
30 June 2023
Arunmoor (Handcross) Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Arunmoor (Handcross) Limited
Directors and other information
Director Mr Ian Manson
Company number 08582307
Registered office 3307 East Tower
3 Pan Peninsula Square
London
E14 9HR
Arunmoor (Handcross) Limited
Statement of financial position
30 June 2023
2023 2022
Note £ £ £ £
Current assets
Debtors 4 754,973 754,973
Cash at bank and in hand 3,900 18,733
_______ _______
758,873 773,706
Creditors: amounts falling due
within one year 5 ( 326,534) ( 325,937)
_______ _______
Net current assets 432,339 447,769
_______ _______
Total assets less current liabilities 432,339 447,769
Provisions for liabilities ( 28,000) ( 28,000)
_______ _______
Net assets 404,339 419,769
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account 404,239 419,669
_______ _______
Shareholders funds 404,339 419,769
_______ _______
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 01 March 2024 , and are signed on behalf of the board by:
Mr Ian Manson
Director
Company registration number: 08582307
Arunmoor (Handcross) Limited
Notes to the financial statements
Year ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3307 East Tower, 3 Pan Peninsula Square, London, E14 9HR.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
No provision for deferred taxation has been provided for in the financial statements, due to the amount not being material.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Debtors
2023 2022
£ £
Amounts owed by group undertakings 754,973 754,973
_______ _______
Amounts owed by group undertakings are unsecured, interest free and repayable on demand.
5. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 308 -
Other creditors 326,226 325,937
_______ _______
326,534 325,937
_______ _______
6. Directors advances, credits and guarantees
Balance brought forward and o/standing Balance brought forward and o/standing
2023 2022
£ £
Mr Ian Manson 324,425 324,425
_______ _______
7. Controlling party
The reporting entity is wholly owned by Arunmoor Limited, a company registered in England and Wales, whose address is at 3307 East Tower, 3 Pan Peninsula Square, London, E14 9HR.