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Registration number: 12363559

Araemo Financial Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Araemo Financial Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Araemo Financial Ltd

Company Information

Directors

Mr Chris O'Meara

Mrs R O'Meara

Registered office

Imperial Chambers
24 Widemarsh Street
Hereford
Herefordshire

Accountants

D V Bottoms & Co Ltd
8 Drapers Lane
Leominster
Herefordshire
HR6 8ND

 

Araemo Financial Ltd

(Registration number: 12363559)
Balance Sheet as at 31 December 2023

2023
£

2022
£

Fixed assets

4,545

2,855

Current assets

28,429

50,717

Creditors: Amounts falling due within one year

(19,069)

(23,601)

Net current assets

9,360

27,116

Total assets less current liabilities

13,905

29,971

Creditors: Amounts falling due after more than one year

(2,096)

(27,529)

Accruals and deferred income

(1,500)

(1,500)

 

10,309

942

Capital and reserves

10,309

942

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Imperial Chambers
24 Widemarsh Street
Hereford
Herefordshire

These financial statements were authorised for issue by the Board on 8 February 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

3

Related party transactions

Transactions with directors

2023

At 1 January 2023
£

Advances to director
£

At 31 December 2023
£

Directors loan account

27,529

(25,433)

2,097

       
     

 

 

Araemo Financial Ltd

(Registration number: 12363559)
Balance Sheet as at 31 December 2023

2022

At 1 January 2022
£

Advances to director
£

At 31 December 2022
£

Directors loan account

13,258

14,271

27,529

       
     

 

For the financial year ending 31 December 2023 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 8 February 2024 and signed on its behalf by:
 

.........................................
Mr Chris O'Meara
Director