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REGISTERED NUMBER: 05655345 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

A R C PROJECTS (UK) LIMITED

A R C PROJECTS (UK) LIMITED (REGISTERED NUMBER: 05655345)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


A R C PROJECTS (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr A J Rossi





REGISTERED OFFICE: 17 Mill Drove
Uckfield
East Sussex
TN22 5AB





REGISTERED NUMBER: 05655345 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

A R C PROJECTS (UK) LIMITED (REGISTERED NUMBER: 05655345)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,701 7,821

CURRENT ASSETS
Debtors 5 2,254 8,036
Cash at bank 23,954 12,925
26,208 20,961
CREDITORS
Amounts falling due within one year 6 18,010 20,333
NET CURRENT ASSETS 8,198 628
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,899

8,449

CREDITORS
Amounts falling due after more than one year 7 (2,762 ) (4,801 )

PROVISIONS FOR LIABILITIES 8 (1,429 ) (1,486 )
NET ASSETS 9,708 2,162

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 9,706 2,160
SHAREHOLDERS' FUNDS 9,708 2,162

A R C PROJECTS (UK) LIMITED (REGISTERED NUMBER: 05655345)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 September 2024 and were signed by:





Mr A J Rossi - Director


A R C PROJECTS (UK) LIMITED (REGISTERED NUMBER: 05655345)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

A R C Projects (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

A R C PROJECTS (UK) LIMITED (REGISTERED NUMBER: 05655345)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 January 2023 5,264 31,421 5,840 42,525
Disposals (1,792 ) - (3,275 ) (5,067 )
At 31 December 2023 3,472 31,421 2,565 37,458
Depreciation
At 1 January 2023 3,866 25,483 5,355 34,704
Charge for year 332 1,485 101 1,918
Eliminated on disposal (1,695 ) - (3,170 ) (4,865 )
At 31 December 2023 2,503 26,968 2,286 31,757
Net book value
At 31 December 2023 969 4,453 279 5,701
At 31 December 2022 1,398 5,938 485 7,821

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
Cost
At 1 January 2023
and 31 December 2023 31,421
Depreciation
At 1 January 2023 25,483
Charge for year 1,485
At 31 December 2023 26,968
Net book value
At 31 December 2023 4,453
At 31 December 2022 5,938

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 120 2,945
Other debtors 2,134 5,091
2,254 8,036

A R C PROJECTS (UK) LIMITED (REGISTERED NUMBER: 05655345)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 2,071 2,025
Hire purchase contracts - 552
Trade creditors 206 6,138
Taxation and social security 7,604 3,871
Other creditors 8,129 7,747
18,010 20,333

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 2,762 4,801

8. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 1,429 1,486

Deferred
tax
£   
Balance at 1 January 2023 1,486
Provided during year (57 )
Balance at 31 December 2023 1,429

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2 Ordinary £1 2 2