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Company Registration No. 11947823 (England and Wales)
Arborez Ltd Unaudited accounts for the year ended 30 September 2023
Arborez Ltd Unaudited accounts Contents
Page
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Arborez Ltd Company Information for the year ended 30 September 2023
Director
Erik Eglinton
Company Number
11947823 (England and Wales)
Registered Office
56 Gray Street Lincoln Lincolnshire LN1 3HL England
Accountants
Future Cloud Accounting Limited 14 Halifax Court Fernwood Business Centre Newark Nottinghamshire NG24 3JP
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Arborez Ltd Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
130,465 
140,575 
Current assets
Debtors
11,448 
14,560 
Cash at bank and in hand
9,709 
11,333 
21,157 
25,893 
Creditors: amounts falling due within one year
(107,223)
(21,919)
Net current (liabilities)/assets
(86,066)
3,974 
Total assets less current liabilities
44,399 
144,549 
Creditors: amounts falling due after more than one year
(17,368)
(88,126)
Provisions for liabilities
Deferred tax
(25,750)
(21,240)
Net assets
1,281 
35,183 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,181 
35,083 
Shareholders' funds
1,281 
35,183 
For the year ending 30 September 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 February 2024 and were signed on its behalf by
Erik Eglinton Director Company Registration No. 11947823
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Arborez Ltd Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Arborez Ltd is a private company, limited by shares, registered in England and Wales, registration number 11947823. The registered office is 56 Gray Street, Lincoln, Lincolnshire, LN1 3HL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 September 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
20% Reducing Balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Arborez Ltd Notes to the Accounts for the year ended 30 September 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2022
159,855 
66,273 
2,603 
228,731 
Additions
30,330 
- 
541 
30,871 
Disposals
- 
(12,041)
(1,374)
(13,415)
At 30 September 2023
190,185 
54,232 
1,770 
246,187 
Depreciation
At 1 October 2022
58,136 
29,438 
582 
88,156 
Charge for the year
24,005 
8,141 
312 
32,458 
On disposals
- 
(4,487)
(405)
(4,892)
At 30 September 2023
82,141 
33,092 
489 
115,722 
Net book value
At 30 September 2023
108,044 
21,140 
1,281 
130,465 
At 30 September 2022
101,719 
36,835 
2,021 
140,575 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,224 
10,325 
Accrued income and prepayments
5,224 
4,235 
11,448 
14,560 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,077 
10,000 
Trade creditors
1,848 
2,301 
Taxes and social security
9,839 
8,812 
Other creditors
82,879 
- 
Accruals
2,580 
806 
107,223 
21,919 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
17,368 
27,346 
Loans from directors
- 
60,780 
17,368 
88,126 
8
Average number of employees
During the year the average number of employees was 6 (2022: 4).
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