Silverfin false false 30/04/2024 01/05/2023 30/04/2024 K M Elmancy 21/04/2022 15 September 2024 The principal activity of the Company during the financial period was Publishing of computer games, Motion picture, video and television programme post-production activities, Sound recording and music publishing activities and Translation and interpretation activities. 14059889 2024-04-30 14059889 bus:Director1 2024-04-30 14059889 2023-04-30 14059889 core:CurrentFinancialInstruments 2024-04-30 14059889 core:CurrentFinancialInstruments 2023-04-30 14059889 core:ShareCapital 2024-04-30 14059889 core:ShareCapital 2023-04-30 14059889 core:RetainedEarningsAccumulatedLosses 2024-04-30 14059889 core:RetainedEarningsAccumulatedLosses 2023-04-30 14059889 core:OtherPropertyPlantEquipment 2023-04-30 14059889 core:OtherPropertyPlantEquipment 2024-04-30 14059889 2023-05-01 2024-04-30 14059889 bus:FilletedAccounts 2023-05-01 2024-04-30 14059889 bus:SmallEntities 2023-05-01 2024-04-30 14059889 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 14059889 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14059889 bus:Director1 2023-05-01 2024-04-30 14059889 core:OtherPropertyPlantEquipment core:TopRangeValue 2023-05-01 2024-04-30 14059889 2022-04-21 2023-04-30 14059889 core:OtherPropertyPlantEquipment 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Company No: 14059889 (England and Wales)

ARLATION UK LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2024
Pages for filing with the registrar

ARLATION UK LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

ARLATION UK LIMITED

BALANCE SHEET

As at 30 April 2024
ARLATION UK LIMITED

BALANCE SHEET (continued)

As at 30 April 2024
Note 30.04.2024 30.04.2023
£ £
Fixed assets
Tangible assets 3 2,239 2,931
2,239 2,931
Current assets
Debtors 4 1,031 2,383
Cash at bank and in hand 31,488 11,534
32,519 13,917
Creditors: amounts falling due within one year 5 ( 28,891) ( 30,098)
Net current assets/(liabilities) 3,628 (16,181)
Total assets less current liabilities 5,867 (13,250)
Net assets/(liabilities) 5,867 ( 13,250)
Capital and reserves
Called-up share capital 100 100
Profit and loss account 5,767 ( 13,350 )
Total shareholder's funds/(deficit) 5,867 ( 13,250)

For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Arlation UK Limited (registered number: 14059889) were approved and authorised for issue by the Director on 15 September 2024. They were signed on its behalf by:

K M Elmancy
Director
ARLATION UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
ARLATION UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

ARLATION UK LIMITED (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Nexus House, 2 Cray Road, Sidcup, DA14 5DA, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of ARLATION UK LIMITED is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover comprises the fair value of the consideration received or receivable in respect of rental income in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, rebates and discounts.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Taxation

Current tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment, except where the effect of discounting would be immaterial. In such cases debtors are stated at transaction price less impairment losses. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the transaction.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade and other creditors

Trade and other creditors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, except where the effect of discounting would be immaterial. In such cases creditors are stated at transaction price.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Financial assets are classified as financial assets at fair value through profit or loss, loans and debtors, held-to-maturity investments, available-for-sale financial assets, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial assets at initial recognition.

Financial liabilities are classified as financial liabilities at fair value through profit and loss, loans and borrowings, trade and other creditors, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial liabilities at initial recognition.

Recognition and measurement
All financial instruments are recognised initially at fair value plus transaction costs. Thereafter financial instruments are stated at amortised cost using the effective interest rate method (less impairment where appropriate) unless the effect of discounting would be immaterial in which case they are stated at cost (less impairment where appropriate). The exception to this are those financial instruments where it is a requirement to continue recording them at fair value through profit and loss.

Impairment
Financial assets are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

Ordinary share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2. Employees

Year ended
30.04.2024
Period from
21.04.2022 to
30.04.2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 2 1

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 May 2023 3,461 3,461
At 30 April 2024 3,461 3,461
Accumulated depreciation
At 01 May 2023 530 530
Charge for the financial year 692 692
At 30 April 2024 1,222 1,222
Net book value
At 30 April 2024 2,239 2,239
At 30 April 2023 2,931 2,931

4. Debtors

30.04.2024 30.04.2023
£ £
Trade debtors 600 2,383
Other debtors 431 0
1,031 2,383

5. Creditors: amounts falling due within one year

30.04.2024 30.04.2023
£ £
Corporation tax 702 0
Other taxation and social security 767 1,272
Other creditors 27,422 28,826
28,891 30,098

6. Financial commitments

Other financial commitments

30.04.2024 30.04.2023
£ £
Financial Commitment 189 189