29 November 2022 false No description of principal activity Taxfiler 2024.5 NI692894business:PrivateLimitedCompanyLtd2022-11-292023-11-30 NI6928942022-11-28 NI6928942022-11-292023-11-30 NI692894business:AuditExemptWithAccountantsReport2022-11-292023-11-30 NI692894business:FilletedAccounts2022-11-292023-11-30 NI6928942023-11-30 NI692894core:WithinOneYear2023-11-30 NI692894core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 NI692894core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 NI692894core:PreviouslyStatedAmount2023-11-30 NI692894business:SmallEntities2022-11-292023-11-30 NI692894business:Director12022-11-292023-11-30 NI692894countries:NorthernIreland2022-11-292023-11-30 NI692894business:RegisteredOffice2022-11-292023-11-30 NI692894business:OrdinaryShareClass12022-11-292023-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. NI692894 (Northern Ireland)
Arc-met Ltd Unaudited accounts for the period from 29 November 2022 to 30 November 2023
Arc-met Ltd Statement of financial position as at 30 November 2023
2023 
Notes
£ 
Current assets
Debtors
17,467 
Cash at bank and in hand
4,232 
21,699 
Creditors: amounts falling due within one year
(25,182)
Net current liabilities
(3,483)
Net liabilities
(3,483)
Capital and reserves
Called up share capital
1 
Profit and loss account
(3,484)
Shareholders' funds
(3,483)
For the period 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 director acknowledges her 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 29 August 2024 and were signed on its behalf by
Cathy Gault Director Company Registration No. NI692894
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Arc-met Ltd Notes to the Accounts for the period from 29 November 2022 to 30 November 2023
1
Statutory information
Arc-met Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI692894. The registered office is 180 Largy Road, Ahoghill, Ballymena, BT42 2RH, Northern Ireland.
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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of staffing services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Debtors
2023 
£ 
Amounts falling due within one year
VAT
67 
Other debtors
17,400 
17,467 
5
Creditors: amounts falling due within one year
2023 
£ 
Other creditors
25,182 
6
Share capital
2023 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
Shares issued during the period:
1 Ordinary shares of £1 each
1 
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Arc-met Ltd Notes to the Accounts for the period from 29 November 2022 to 30 November 2023
7
Average number of employees
During the period the average number of employees was 8.
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