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Company Registration No. 11036959 (England and Wales)
ARK SEAFOOD LIMITED Unaudited accounts for the year ended 31 October 2023
ARK SEAFOOD LIMITED Unaudited accounts Contents
Page
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ARK SEAFOOD LIMITED Company Information for the year ended 31 October 2023
Director
MUHAMMAD IMRAN
Company Number
11036959 (England and Wales)
Registered Office
49 EAST STREET WALWORTH LONDON SE17 2DJ ENGLAND
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ARK SEAFOOD LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
715 
872 
Current assets
Inventories
24,460 
25,320 
Debtors
5,455 
5,762 
Cash at bank and in hand
18,510 
16,879 
48,425 
47,961 
Creditors: amounts falling due within one year
(9,050)
(5,161)
Net current assets
39,375 
42,800 
Total assets less current liabilities
40,090 
43,672 
Creditors: amounts falling due after more than one year
(41,817)
(41,817)
Net (liabilities)/assets
(1,727)
1,855 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,827)
1,755 
Shareholders' funds
(1,727)
1,855 
For the year ending 31 October 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 July 2024 and were signed on its behalf by
MUHAMMAD IMRAN Director Company Registration No. 11036959
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ARK SEAFOOD LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
ARK SEAFOOD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11036959. The registered office is 49 EAST STREET, WALWORTH, LONDON, SE17 2DJ, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
18% Reducing Balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2022
1,868 
At 31 October 2023
1,868 
Depreciation
At 1 November 2022
996 
Charge for the year
157 
At 31 October 2023
1,153 
Net book value
At 31 October 2023
715 
At 31 October 2022
872 
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ARK SEAFOOD LIMITED Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
455 
762 
Amounts falling due after more than one year
Other debtors
5,000 
5,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,129 
- 
Taxes and social security
- 
824 
Other creditors
890 
2,688 
Loans from directors
6,031 
849 
Accruals
1,000 
800 
9,050 
5,161 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
41,817 
41,817 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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