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REGISTERED NUMBER: 12243699 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

AROLLA CONSULTING LIMITED

AROLLA CONSULTING LIMITED (REGISTERED NUMBER: 12243699)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AROLLA CONSULTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: S A Brewer





REGISTERED OFFICE: 2 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 12243699 (England and Wales)





ACCOUNTANTS: Barber & Company
A trading name of PCM Accounting Limited
2 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

AROLLA CONSULTING LIMITED (REGISTERED NUMBER: 12243699)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 2,034 1,987
Investments 5 204,190 -
206,224 1,987

CURRENT ASSETS
Debtors 6 28,750 93,056
Cash at bank and in hand 33,212 242,974
61,962 336,030
CREDITORS
Amounts falling due within one year 7 111,884 74,549
NET CURRENT (LIABILITIES)/ASSETS (49,922 ) 261,481
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,302

263,468

PROVISIONS FOR LIABILITIES 8 455 378
NET ASSETS 155,847 263,090

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 155,845 263,088
SHAREHOLDERS' FUNDS 155,847 263,090

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AROLLA CONSULTING LIMITED (REGISTERED NUMBER: 12243699)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 2023


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2024 and were signed by:





S A Brewer - Director


AROLLA CONSULTING LIMITED (REGISTERED NUMBER: 12243699)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Arolla Consulting 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

AROLLA CONSULTING LIMITED (REGISTERED NUMBER: 12243699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 November 2022 4,296
Additions 1,049
At 31 October 2023 5,345
DEPRECIATION
At 1 November 2022 2,309
Charge for year 1,002
At 31 October 2023 3,311
NET BOOK VALUE
At 31 October 2023 2,034
At 31 October 2022 1,987

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 200,600
Revaluations 3,590
At 31 October 2023 204,190
NET BOOK VALUE
At 31 October 2023 204,190

Cost or valuation at 31 October 2023 is represented by:

Other
investments
£   
Valuation in 2023 3,590
Cost 200,600
204,190

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 22,500 -
Prepayments and accrued income 6,250 93,056
28,750 93,056

AROLLA CONSULTING LIMITED (REGISTERED NUMBER: 12243699)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Corporation tax 66,932 39,313
Social security and other taxes 3,469 3,189
Directors' current accounts 39,983 30,547
Accruals and deferred income 1,500 1,500
111,884 74,549

8. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax
Accelerated capital allowances 295 295
Deferred tax 160 83
455 378

Deferred
tax
£   
Balance at 1 November 2022 378
Provided during year 77
Balance at 31 October 2023 455

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
2 Ordinary Shares £1 2 2