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Company Registration No. 12514352 (England and Wales)
THE ARTERIAL GROUP LIMITED Unaudited accounts for the period from 1 April 2023 to 31 December 2023
THE ARTERIAL GROUP LIMITED Unaudited accounts Contents
Page
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THE ARTERIAL GROUP LIMITED Company Information for the period from 1 April 2023 to 31 December 2023
Directors
Grant Powell Olasumbo Akinyemi
Company Number
12514352 (England and Wales)
Registered Office
25 Eccleston Place LONDON SW1W 9NF ENGLAND
Accountants
Arth Limited 655 Milton Keynes Business Centre Foxhunter Drive Milton Keynes Buckinghamshire MK14 6GD
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of THE ARTERIAL GROUP LIMITED for the period from 1 April 2023 to 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of THE ARTERIAL GROUP LIMITED for the period from 1 April 2023 to 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of THE ARTERIAL GROUP LIMITED, as a body, in accordance with the terms of our engagement letter dated 24 April 2020. Our work has been undertaken solely to prepare for your approval the accounts of THE ARTERIAL GROUP LIMITED and state those matters that we have agreed to state to the Board of Directors of THE ARTERIAL GROUP LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THE ARTERIAL GROUP LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that THE ARTERIAL GROUP LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of THE ARTERIAL GROUP LIMITED. You consider that THE ARTERIAL GROUP LIMITED is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of THE ARTERIAL GROUP LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Arth Limited Chartered Accountants 655 Milton Keynes Business Centre Foxhunter Drive Milton Keynes Buckinghamshire MK14 6GD 30 April 2024
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THE ARTERIAL GROUP LIMITED Statement of financial position as at 31 December 2023
31/12/2023 
31/03/2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,092 
21,347 
Current assets
Debtors
128,811 
52,130 
Cash at bank and in hand
52,374 
448,670 
181,185 
500,800 
Creditors: amounts falling due within one year
(72,575)
(410,468)
Net current assets
108,610 
90,332 
Net assets
131,702 
111,679 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
131,602 
111,579 
Shareholders' funds
131,702 
111,679 
For the period ending 31 December 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 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 of Directors and authorised for issue on 30 April 2024 and were signed on its behalf by
Grant Powell Director Company Registration No. 12514352
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THE ARTERIAL GROUP LIMITED Notes to the Accounts for the period from 1 April 2023 to 31 December 2023
1
Statutory information
THE ARTERIAL GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12514352. The registered office is 25 , Eccleston Place, LONDON, SW1W 9NF, ENGLAND.
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 remained unchanged from the previous period, and also 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 represents the commission charged on rent received by The Arterial Group, on behalf of the client during the accounting period.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line @ 20%
Computer equipment
Straight line @ 20%
Going concern
The accounts have been prepared on a going concern basis.
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THE ARTERIAL GROUP LIMITED Notes to the Accounts for the period from 1 April 2023 to 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
26,249 
12,389 
38,638 
Additions
- 
9,494 
9,494 
At 31 December 2023
26,249 
21,883 
48,132 
Depreciation
At 1 April 2023
11,511 
5,780 
17,291 
Charge for the period
1,499 
6,250 
7,749 
At 31 December 2023
13,010 
12,030 
25,040 
Net book value
At 31 December 2023
13,239 
9,853 
23,092 
At 31 March 2023
14,738 
6,609 
21,347 
5
Debtors
31/12/2023 
31/03/2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
149,348 
47,477 
Accrued income and prepayments
7,809 
4,394 
Other debtors
(28,346)
259 
128,811 
52,130 
6
Creditors: amounts falling due within one year
31/12/2023 
31/03/2023 
£ 
£ 
VAT
5,593 
43,376 
Trade creditors
23,325 
160,991 
Taxes and social security
33,875 
18,821 
Other creditors
3,116 
168,916 
Loans from directors
4,191 
4,192 
Accruals
2,475 
14,172 
72,575 
410,468 
7
Average number of employees
During the period the average number of employees was 13 (31/03/2023: 11).
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