2022-12-01 03218443 2023-11-30 03218443 2022-12-01 2023-11-30 03218443 2022-11-30 03218443 2021-12-01 2022-11-30 03218443 uk-core:WithinOneYear 2022-11-30 03218443 uk-core:WithinOneYear 2023-11-30 03218443 uk-core:AfterOneYear 2022-11-30 03218443 uk-core:AfterOneYear 2023-11-30 03218443 uk-core:ShareCapital 2023-11-30 03218443 uk-core:ShareCapital 2022-11-30 03218443 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 03218443 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 03218443 uk-bus:Director1 2022-12-01 2023-11-30 03218443 uk-core:PlantMachinery 2022-12-01 2023-11-30 03218443 uk-core:CommercialMotorVehicles 2022-12-01 2023-11-30 03218443 uk-core:CommercialMotorVehicles 2022-11-30 03218443 uk-core:PlantMachinery 2022-11-30 03218443 uk-core:Buildings 2022-11-30 03218443 uk-core:Buildings 2022-12-01 2023-11-30 03218443 uk-core:Buildings 2023-11-30 03218443 uk-core:PlantMachinery 2023-11-30 03218443 uk-core:CommercialMotorVehicles 2023-11-30 iso4217:GBP xbrli:pure 03218443 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 03218443 uk-bus:FRS102 2022-12-01 2023-11-30 03218443 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 03218443 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Arcade Leasing Ltd
Registered Number:03218443
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
03218443
As at 30 November 2023
Arcade Leasing Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
9,332,289
9,325,916
2
9,332,289
9,325,916
Current assets
Trade and other receivables
717,217
241,088
3
128,650
Cash and cash equivalents
549,147
790,235
845,867
Trade and other payables: amounts falling due within one
year
(298,838)
(803,177)
4
547,029
(12,942)
Net current liabilities
Total assets less current liabilities
9,319,347
9,872,945
Trade and other payables: amounts falling due after more
than one year
(3,320,000)
(2,350,000)
5
6,969,347
Net assets
6,552,945
Capital and reserves
Called up share capital
3
3
Retained earnings
6,969,344
6,552,942
6,969,347
6,552,945
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Karen Caddick Director
These financial statements were approved and authorised for issue by the Board on 19 April 2024 and were signed by:
The notes form part of these financial statements
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3
For the year ended 30 November 2023
Arcade Leasing Ltd
Notes to the Financial Statements
Statutory Information
Arcade Leasing Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 03218443.
Registered address:
Syston Farm
Carsons Road
Mangotsfield
Bristol
BS16 9LL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Straight line
25% Straight line
Motor vehicles
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
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4
For the year ended 30 November 2023
Arcade Leasing Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
Cost or
valuation
At 01 December 2022
9,343,574
8,030
10,137
9,325,407
8,724
-
8,724
-
Additions
At 30 November 2023
9,325,407
18,861
8,030
9,352,298
Provision for depreciation and impairment
At 01 December 2022
17,658
8,030
9,628
-
Charge for year
2,351
-
2,351
-
At 30 November 2023
20,009
8,030
11,979
-
At 30 November 2023
Net book value
9,325,407
6,882
-
9,332,289
At 30 November 2022
9,325,407
509
-
9,325,916
3. Trade and other receivables
2022
2023
£
£
Other debtors
241,088
717,217
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
(1)
(1)
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
(211,937)
-
Taxation and social security
122,909
130,430
Other creditors
892,206
168,409
803,177
298,838
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
-
50,000
Other creditors
2,350,000
3,270,000
2,350,000
3,320,000
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5
For the year ended 30 November 2023
Arcade Leasing Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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