Acorah Software Products - Accounts Production 15.0.600 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 01102804 Mr Steven Leake Mr Geoffrey Leake Mrs Joanne Eland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01102804 2022-11-30 01102804 2023-11-30 01102804 2022-12-01 2023-11-30 01102804 frs-core:CurrentFinancialInstruments 2023-11-30 01102804 frs-core:Non-currentFinancialInstruments 2023-11-30 01102804 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 01102804 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 01102804 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-11-30 01102804 frs-core:MotorVehicles 2023-11-30 01102804 frs-core:MotorVehicles 2022-12-01 2023-11-30 01102804 frs-core:MotorVehicles 2022-11-30 01102804 frs-core:PlantMachinery 2023-11-30 01102804 frs-core:PlantMachinery 2022-12-01 2023-11-30 01102804 frs-core:PlantMachinery 2022-11-30 01102804 frs-core:ShareCapital 2023-11-30 01102804 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 01102804 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 01102804 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 01102804 frs-bus:SmallEntities 2022-12-01 2023-11-30 01102804 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 01102804 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 01102804 frs-bus:Director1 2022-12-01 2023-11-30 01102804 frs-bus:Director2 2022-12-01 2023-11-30 01102804 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 01102804 frs-countries:EnglandWales 2022-12-01 2023-11-30 01102804 2021-11-30 01102804 2022-11-30 01102804 2021-12-01 2022-11-30 01102804 frs-core:CurrentFinancialInstruments 2022-11-30 01102804 frs-core:Non-currentFinancialInstruments 2022-11-30 01102804 frs-core:ShareCapital 2022-11-30 01102804 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 01102804
ARNWAY LIMITED
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01102804
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,286 11,464
9,286 11,464
CURRENT ASSETS
Stocks 6,400 6,000
Debtors 5 67,529 65,695
Cash at bank and in hand 928 555
74,857 72,250
Creditors: Amounts Falling Due Within One Year 6 (96,072 ) (95,342 )
NET CURRENT ASSETS (LIABILITIES) (21,215 ) (23,092 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,929 ) (11,628 )
Creditors: Amounts Falling Due After More Than One Year 7 (19,935 ) (27,996 )
NET LIABILITIES (31,864 ) (39,624 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (31,964 ) (39,724 )
SHAREHOLDERS' FUNDS (31,864) (39,624)
Page 1
Page 2
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Steven Leake
Director
21st August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ARNWAY LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 01102804 . The registered office is 24 Burtonwood Industrial Estate, Phipps Lane, Burtonwood, WA5 4HX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. At the balance sheet date liabilities exceeded assets by £10,464. The Director believes the company will continue in business for the foreseeable future.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 2.5% Straight line
Plant & Machinery 25% Straight line
Motor Vehicles 25% Straight line
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 December 2022 29,993 36,260 24,800 91,053
As at 30 November 2023 29,993 36,260 24,800 91,053
Depreciation
As at 1 December 2022 24,240 34,880 20,469 79,589
Provided during the period 750 345 1,083 2,178
As at 30 November 2023 24,990 35,225 21,552 81,767
...CONTINUED
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Page 4
Net Book Value
As at 30 November 2023 5,003 1,035 3,248 9,286
As at 1 December 2022 5,753 1,380 4,331 11,464
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 65,658 60,052
VAT 163 5,643
Net wages 1,708 -
67,529 65,695
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 23,753 21,161
Bank loans and overdrafts 10,648 10,648
Other taxes and social security 43,463 43,905
Other creditors - 6,353
Directors' loan accounts 18,208 13,275
96,072 95,342
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 19,935 27,996
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4