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REGISTERED NUMBER: 08618356 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

AROTEC LIMITED

AROTEC LIMITED (REGISTERED NUMBER: 08618356)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AROTEC LIMITED

Company Information
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: R Teeluck
T Teeluck





REGISTERED OFFICE: Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU





REGISTERED NUMBER: 08618356 (England and Wales)





ACCOUNTANTS: Diverset Limited
Chartered Accountants
Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU

AROTEC LIMITED (REGISTERED NUMBER: 08618356)

Balance Sheet
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,293 32,849

CURRENT ASSETS
Stocks 22,724 14,673
Debtors 5 246,300 256,130
Cash at bank 128,211 47,082
397,235 317,885
CREDITORS
Amounts falling due within one year 6 219,708 199,577
NET CURRENT ASSETS 177,527 118,308
TOTAL ASSETS LESS CURRENT LIABILITIES 200,820 151,157

PROVISIONS FOR LIABILITIES 4,096 6,528
NET ASSETS 196,724 144,629

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 196,624 144,529
SHAREHOLDERS' FUNDS 196,724 144,629

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

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

The directors acknowledge their 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.

AROTEC LIMITED (REGISTERED NUMBER: 08618356)

Balance Sheet - continued
31 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2024 and were signed on its behalf by:





R Teeluck - Director


AROTEC LIMITED (REGISTERED NUMBER: 08618356)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Arotec 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.

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.

The directors have concluded that the company is and remains a going concern. Based on the directors continued support and the forecast of business moving forward.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% 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.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

AROTEC LIMITED (REGISTERED NUMBER: 08618356)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 56,223
Additions 10,360
Disposals (26,906 )
At 31 July 2023 39,677
DEPRECIATION
At 1 August 2022 23,374
Charge for year 6,140
Eliminated on disposal (13,130 )
At 31 July 2023 16,384
NET BOOK VALUE
At 31 July 2023 23,293
At 31 July 2022 32,849

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 246,300 256,130

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 106,756 66,015
Taxation and social security 88,679 58,968
Other creditors 24,273 74,594
219,708 199,577

7. CONTROLLING PARTY

The company is under the control of directors R Teeluck and T Teeluck.