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Company Registration No. 04131549 (England and Wales)
ARV (UK) Limited Unaudited accounts for the year ended 31 December 2023
ARV (UK) Limited Unaudited accounts Contents
Page
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ARV (UK) Limited Company Information for the year ended 31 December 2023
Director
David Fouracre
Company Number
04131549 (England and Wales)
Registered Office
Southwest House Alma Terrace Gloucester GL1 5PY
Accountants
Louise Newman and co Ltd 2 Bath Mews Bath Parade Cheltenham Gloucestershire GL53 7HL
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ARV (UK) Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,773 
13,936 
Current assets
Inventories
5,715 
16,552 
Debtors
31,319 
53,564 
Cash at bank and in hand
11,762 
60,833 
48,796 
130,949 
Creditors: amounts falling due within one year
(37,192)
(91,944)
Net current assets
11,604 
39,005 
Total assets less current liabilities
22,377 
52,941 
Creditors: amounts falling due after more than one year
(15,000)
- 
Net assets
7,377 
52,941 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
7,373 
52,937 
Shareholders' funds
7,377 
52,941 
For the year 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 director acknowledges his 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 and authorised for issue on 12 September 2024 and were signed on its behalf by
David Fouracre Director Company Registration No. 04131549
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ARV (UK) Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
ARV (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 04131549. The registered office is Southwest House, Alma Terrace, Gloucester, GL1 5PY.
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 year, 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.
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
25% reducing Balance
Motor vehicles
20% straight line
Computer equipment
33.3% straight line
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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ARV (UK) Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
30,532 
25,057 
55,589 
Additions
428 
- 
428 
At 31 December 2023
30,960 
25,057 
56,017 
Depreciation
At 1 January 2023
27,872 
13,781 
41,653 
Charge for the year
772 
2,819 
3,591 
At 31 December 2023
28,644 
16,600 
45,244 
Net book value
At 31 December 2023
2,316 
8,457 
10,773 
At 31 December 2022
2,660 
11,276 
13,936 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,179 
- 
Trade debtors
28,010 
48,961 
Accrued income and prepayments
1,130 
919 
Other debtors
- 
3,684 
31,319 
53,564 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
6,226 
70,981 
Taxes and social security
738 
2,436 
Loans from directors
28,578 
14,374 
Accruals
1,650 
4,153 
37,192 
91,944 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
15,000 
- 
8
Average number of employees
During the year the average number of employees was 4 (2022: 6).
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