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Company registration number:
SC768396
Archipelagos Labs Ltd
Unaudited Filleted Financial Statements for the period ended
31 May 2024
Archipelagos Labs Ltd
Statement of Financial Position
31 May 2024
31 May 2024
£
Fixed assets
7,803
 
 
Current assets
23,636
 
Creditors: amounts falling due within one year
(28,241
)
Net current liabilities
(4,605
)
Total assets less current liabilities
3,198
 
Accruals and deferred income
(975
)
Net assets
2,223
 
 
Capital and reserves
2,223
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
5 South Charlotte Street
,
Edinburgh
,
EH2 4AN
, Scotland.

2 Average number of employees

The average number of persons employed by the company during the period was
1
.

3 Directors' advances, credit and guarantees

At the year end £15,834 was due from the director John Cassidy. The loan was repaid within 9 months of the year end. The company owed £17,312 to the director Mathew Smith. The loan was unsecured, interest free and there were no fixed terms for repayment. During the year dividends of £35,000 were paid to the directors.
For the period ending
31 May 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
9 August 2024
, and are signed on behalf of the board by:
M Smith
Director
Company registration number:
SC768396