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REGISTERED NUMBER: 10975405 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Ark Business Finance Ltd

Ark Business Finance Ltd (Registered number: 10975405)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Balance Sheet 1


Ark Business Finance Ltd (Registered number: 10975405)

Balance Sheet
31 December 2023

31.12.23 31.12.22
£    £   
FIXED ASSETS 20,538 27,597

CURRENT ASSETS 77,345 85,085

PREPAYMENTS AND ACCRUED INCOME 18,632 15,326

CREDITORS
Amounts falling due within one year (82,786 ) (70,818 )
NET CURRENT ASSETS 13,191 29,593
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,729

57,190

CREDITORS
Amounts falling due after more than one
year

(19,054

)

(54,873

)

ACCRUALS AND DEFERRED INCOME (1,959 ) (1,550 )
NET ASSETS 12,716 767

CAPITAL AND RESERVES 12,716 767

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Ark Business Finance Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10975405

Registered office: Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 3 ) .

Ark Business Finance Ltd (Registered number: 10975405)

Balance Sheet - continued
31 December 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
R P Keenan
Balance outstanding at start of year - -
Amounts advanced 6,712 9,944
Amounts repaid (6,712 ) (9,944 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The loan was interest free and repayable on demand.

4. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £ nil (2022 - £1,372).



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 directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:





R P Keenan - Director