Company Registration No. 06801681 (England and Wales)
Arctic Virtual Limited
Unaudited accounts
for the year ended 31 January 2024
Arctic Virtual Limited
Unaudited accounts
Contents
Arctic Virtual Limited
Company Information
for the year ended 31 January 2024
Company Number
06801681 (England and Wales)
Registered Office
2 TWO ACRES
MIDDLETON
KING'S LYNN
NORFOLK
PE32 1YF
Accountants
Azoth Digital Accountants
Jonathan Scott Hall
Thorpe Road
Norwich
Norfolk
NR1 1UH
Arctic Virtual Limited
Statement of financial position
as at 31 January 2024
Intangible assets
178,913
178,913
Creditors: amounts falling due within one year
(394,068)
(393,669)
Net current liabilities
(354,488)
(354,146)
Net liabilities
(175,575)
(175,233)
Called up share capital
1
100
Profit and loss account
(175,576)
(175,333)
Shareholders' funds
(175,575)
(175,233)
For the year ending 31 January 2024 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 25 September 2024 and were signed on its behalf by
Stephen Barnett
Director
Company Registration No. 06801681
Arctic Virtual Limited
Notes to the Accounts
for the year ended 31 January 2024
Arctic Virtual Limited is a private company, limited by shares, registered in England and Wales, registration number 06801681. The registered office is 2 TWO ACRES, MIDDLETON, KING'S LYNN, NORFOLK, PE32 1YF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
At 1 February 2023
332,518
At 31 January 2024
332,518
At 1 February 2023
153,605
At 31 January 2024
153,605
At 31 January 2024
178,913
At 31 January 2023
178,913
Amounts falling due within one year
Deferred tax asset
39,580
39,523
Arctic Virtual Limited
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
60,950
59,951
7
Average number of employees
During the year the average number of employees was 1 (2023: 0).