04996466falsespecialised design activities2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04996466

Array Display Limited

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor ,690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Array Display Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
DIRECTORS
Peter J Robertson
REGISTERED OFFICE
Office One, Bryants Farm Kiln Road
Dunsden
Reading
RG4 9PB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04996466
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor ,690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Array Display Limited

ACCOUNTS
FOR THEYEARENDED31 MARCH 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Array Display Limited

BALANCE SHEET AT 31 March 2023
20232022
Notes££
FIXED ASSETS
Tangible assets223,13420,705
CURRENT ASSETS
Stock21,54819,485
Debtors4147,426139,115
Cash at bank and in hand36,54631,292
205,520189,892
CREDITORS: Amounts falling due within one year5192,912192,751
NET CURRENT ASSETS / (LIABILITIES)12,608(2,859)
TOTAL ASSETS LESS CURRENT LIABILITIES35,74217,846
CREDITORS: Amounts falling due after more than one year630,19641,845
NET ASSETS / (LIABILITIES)5,546(23,999)
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account5,446(24,099)
SHAREHOLDERS' FUNDS5,546(23,999)
For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10 April 2024 and signed on their behalf by
.............................
Peter J Robertson
Director

Array Display Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Propertiesreducing balance 15%
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1f. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.
1g. Statutory Information
Array Display Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 04996466 and registered office address is Office One, Bryants Farm Kiln Road, Dunsden, Reading, England, RG4 9PB.

Array Display Limited

1h. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
1i. Turnover
Turnover is derived from specialised design services supplied by the company, net of value added tax and trade discounts and is recognised when services are rendered.
1j. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
2. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andCommercialFixtures
PropertiesMachineryVehiclesand FittingsTotal
£££££
Cost
At 1 April 202218,16838,35066,76117,191140,470
Additions-9,356--9,356
At 31 March 202318,16847,70666,76117,191149,826
Depreciation
At 1 April 202210,72733,64560,36315,030119,765
For the year1,4883,5151,6003246,927
At 31 March 202312,21537,16061,96315,354126,692
Net Book Amounts
At 31 March 20235,95310,5464,7981,83723,134
At 31 March 20227,4414,7056,3982,16120,705
3. STOCK 20232022
££
Stock comprises:
Stock21,54819,485
21,54819,485
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors137,083116,877
Other debtors8,15515,236
Prepayments2,1882,188
Directors current account-4,814
147,426139,115

Array Display Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Taxation and social security40,79717,570
Salaries and wages control1,647-
Directors current account6,936-
Bank Loan6,0005,000
Trade creditors131,94641,444
Other creditors2851,679
Pension schemes3,6181,796
Accruals1,6831,693
192,91269,182
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans 30,19641,845
30,19641,845
7. EMPLOYEES
20232022
No.No.
Average number of employees77
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. RELATED PARTY TRANSACTIONS
At the balance sheet date, a director of the company, had advances of loans of Nil, (Last Year £4,818). The maximum amount advanced in the year was £4,818.