REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period |
9 November 2022 to 30 November 2023 |
for |
Arplace Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period |
9 November 2022 to 30 November 2023 |
for |
Arplace Ltd |
Arplace Ltd (Registered number: 14474482) |
Contents of the Financial Statements |
for the Period 9 November 2022 to 30 November 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Arplace Ltd |
Company Information |
for the Period 9 November 2022 to 30 November 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants & Business Advisers |
Alexandra House |
43 Alexandra St |
Nottingham |
Nottinghamshire |
NG5 1AY |
Arplace Ltd (Registered number: 14474482) |
Balance Sheet |
30 November 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
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. |
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 |
Arplace Ltd (Registered number: 14474482) |
Notes to the Financial Statements |
for the Period 9 November 2022 to 30 November 2023 |
1. | STATUTORY INFORMATION |
Arplace Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are prepared in sterling, which is the functional currency of the entity. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery | - |
Computer equipment | - |
Investment property |
The investment property, being a property held to earn rentals or for capital appreciation or both, is |
measured initially at cost, which includes purchase price and any directly attributable expenditure. |
Investment property is revalued to its fair value at each reporting date and any changes in fair value are |
recognised in profit or loss. |
If a reliable measure of fair value is no longer available without undue cost or effort for an item of |
investment property, it shall be transferred to property, plant and equipment and accounted for under |
the cost model until it is expected that fair value will be reliably measurable on an on-going basis. |
Taxation |
The taxation expense represents the aggregate amount of current and deferred tax recognised in the |
reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that |
it relates to items recognised in other comprehensive income or directly in capital and reserves. In this |
case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. |
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at |
the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or |
substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the |
reporting date. Unrelieved tax |
losses and other deferred tax assets are recognised to the extent that it is probable that they will be |
recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is |
measured using the tax rates and laws that have been enacted or substantively enacted by the |
reporting date that are expected to apply to the reversal of the timing difference. |
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 period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
Arplace Ltd (Registered number: 14474482) |
Notes to the Financial Statements - continued |
for the Period 9 November 2022 to 30 November 2023 |
4. | TANGIBLE FIXED ASSETS |
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated |
depreciation and any accumulated impairment losses if applicable. |
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation |
less any subsequent accumulated depreciation and subsequent accumulated impairment losses. |
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other |
comprehensive income and accumulated in equity, except to the extent it reverses a revaluation |
decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of |
an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any |
previously recognised revaluation increase accumulated in equity in respect of that asset. Where a |
revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of |
that asset, the excess shall be recognised in profit or loss. |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 30 November 2023 |
NET BOOK VALUE |
At 30 November 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Other creditors |