IRIS Accounts Production v24.1.0.578 01568512 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh015685122022-12-31015685122023-12-31015685122023-01-012023-12-31015685122021-12-31015685122022-01-012022-12-31015685122022-12-3101568512ns15:EnglandWales2023-01-012023-12-3101568512ns14:PoundSterling2023-01-012023-12-3101568512ns10:Director12023-01-012023-12-3101568512ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3101568512ns10:SmallEntities2023-01-012023-12-3101568512ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3101568512ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3101568512ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3101568512ns10:FullAccounts2023-01-012023-12-3101568512ns10:RegisteredOffice2023-01-012023-12-3101568512ns5:CurrentFinancialInstruments2023-12-3101568512ns5:CurrentFinancialInstruments2022-12-3101568512ns5:ShareCapital2023-12-3101568512ns5:ShareCapital2022-12-3101568512ns5:RetainedEarningsAccumulatedLosses2023-12-3101568512ns5:RetainedEarningsAccumulatedLosses2022-12-3101568512ns5:ShortLeaseholdAssetsns5:LandBuildings2023-01-012023-12-3101568512ns5:PlantMachinery2023-01-012023-12-3101568512ns5:ComputerEquipment2023-01-012023-12-3101568512ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-3101568512ns5:PlantMachinery2022-12-3101568512ns5:ComputerEquipment2022-12-3101568512ns5:ShortLeaseholdAssetsns5:LandBuildings2023-12-3101568512ns5:PlantMachinery2023-12-3101568512ns5:ComputerEquipment2023-12-3101568512ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-3101568512ns5:PlantMachinery2022-12-3101568512ns5:ComputerEquipment2022-12-3101568512ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3101568512ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 01568512 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Arun Microelectronics Ltd

Arun Microelectronics Ltd (Registered number: 01568512)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Arun Microelectronics Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: P J Brooker



REGISTERED OFFICE: 41b Beach Road
Littlehampton
West Sussex
BN17 5JA



REGISTERED NUMBER: 01568512 (England and Wales)



ACCOUNTANTS: Reeves Wilkinson Limited trading as Botting & Co
Chartered Certified Accountants
41b Beach Road
Littlehampton
West Sussex
BN17 5JA



BANKERS: National Westminster Bank PLC
55-57 High Street
Arundel
West Sussex
BN18 9AJ

Arun Microelectronics Ltd (Registered number: 01568512)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 180,562 223,823

CURRENT ASSETS
Stocks 344,029 288,828
Debtors 5 65,872 93,691
Cash at bank and in hand 86,698 118,833
496,599 501,352
CREDITORS
Amounts falling due within one year 6 (96,329 ) (148,910 )
NET CURRENT ASSETS 400,270 352,442
TOTAL ASSETS LESS CURRENT
LIABILITIES

580,832

576,265

CAPITAL AND RESERVES
Called up share capital 14,000 14,000
Retained earnings 566,832 562,265
SHAREHOLDERS' FUNDS 580,832 576,265

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Arun Microelectronics Ltd (Registered number: 01568512)

Balance Sheet - continued
31 December 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 April 2024 and were signed by:





P J Brooker - Director


Arun Microelectronics Ltd (Registered number: 01568512)

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

1. STATUTORY INFORMATION

Arun Microelectronics Ltd 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.

Turnover
Turnover 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.
Short leasehold - 10% on cost
Plant and machinery - 25% on reducing balance
F&F & Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 19 ) .

Arun Microelectronics Ltd (Registered number: 01568512)

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

4. TANGIBLE FIXED ASSETS
F&F &
Short Plant and Computer
leasehold machinery equipment Totals
£    £    £    £   
COST
At 1 January 2023 26,880 584,453 284,933 896,266
Additions 7,626 4,152 8,126 19,904
Disposals - (121,475 ) (114,809 ) (236,284 )
At 31 December 2023 34,506 467,130 178,250 679,886
DEPRECIATION
At 1 January 2023 11,509 434,431 226,503 672,443
Charge for year 3,310 38,200 15,426 56,936
Eliminated on disposal - (120,100 ) (109,955 ) (230,055 )
At 31 December 2023 14,819 352,531 131,974 499,324
NET BOOK VALUE
At 31 December 2023 19,687 114,599 46,276 180,562
At 31 December 2022 15,371 150,022 58,430 223,823

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 27,555 49,257
Other debtors 38,317 44,434
65,872 93,691

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 60,827 77,141
Taxation and social security 29,500 66,504
Other creditors 6,002 5,265
96,329 148,910

7. OTHER FINANCIAL COMMITMENTS

The company's total annual rental commitments are £50,000 (2022:£50,000).