ARC BUSINESS SERVICES LTD

Company Registration Number:
04882805 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

ARC BUSINESS SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ARC BUSINESS SERVICES LTD

Company Information

for the Period Ended 31 August 2024




Director: Rachel Parker
Edward Jeffrey Bailey
Registered office: 8
White Hart Mews
Southgate
Sleaford
Lincolnshire
NG34 7RY
Company Registration Number: 04882805 (England and Wales)

ARC BUSINESS SERVICES LTD

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Directors

The director(s) shown below were appointed to the company during the period
Edward Jeffrey Bailey
16 July 2024

The director(s) shown below resigned during the period
Rachel Parker
16 July 2024

This report was approved by the board of directors on 9 September 2024
And Signed On Behalf Of The Board By:

Name: Edward Jeffrey Bailey
Status: Director

ARC BUSINESS SERVICES LTD

Profit and Loss Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Turnover 123,754 112,539
Cost of sales ( 57,176 ) ( 57,535 )
Gross Profit or (Loss) 66,578 55,004
Administrative Expenses ( 23,197 ) ( 22,859 )
Operating Profit or (Loss) 43,381 32,145
Profit or (Loss) Before Tax 43,381 32,145
Tax on Profit ( 8,242 ) ( 6,108 )
Profit or (Loss) for Period 35,139 26,037

The notes form part of these financial statements

ARC BUSINESS SERVICES LTD

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,942 58
Total fixed assets: 1,942 58
Current assets
Debtors: 5 22,673 23,178
Cash at bank and in hand: 39,326 3,298
Total current assets: 61,999 26,476
Creditors: amounts falling due within one year: 6 ( 3,140 ) ( 2,234 )
Net current assets (liabilities): 58,859 24,242
Total assets less current liabilities: 60,801 24,300
Creditors: amounts falling due after more than one year: 7 ( 5,920 )
Provision for liabilities: ( 11,500 )
Total net assets (liabilities): 43,381 24,300

The notes form part of these financial statements

ARC BUSINESS SERVICES LTD

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 43,380 24,299
Shareholders funds: 43,381 24,300

For the year ending 31 August 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 9 September 2024
And Signed On Behalf Of The Board By:

Name: Edward Jeffrey Bailey
Status: Director

The notes form part of these financial statements

ARC BUSINESS SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ARC BUSINESS SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

ARC BUSINESS SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

ARC BUSINESS SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 September 2023 116 116
Additions 1,881 1,881
Disposals ( 120 ) ( 120 )
Revaluations 123 123
Transfers - -
At 31 August 2024 2,000 2,000
Depreciation
At 01 September 2023 58 58
Charge for year 643 643
On disposals ( 1,942 ) ( 1,942 )
Other adjustments 1,299 1,299
At 31 August 2024 58 58
Net book value
At 31 August 2024 1,942 1,942
At 31 August 2023 58 58

ARC BUSINESS SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors


2024
£

2023
£
Trade debtors 22,673 23,178
Total 22,673 23,178

Invoices raised in the period and at the end of the period not yet due for payment as some are on 90 day terms

ARC BUSINESS SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 3,140 2,234
Total 3,140 2,234

Bounce bank loan taken during the covid period

ARC BUSINESS SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 5,920
Total 5,920