REGISTERED NUMBER: |
ARBDB LIMITED |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JANUARY 2024 |
REGISTERED NUMBER: |
ARBDB LIMITED |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JANUARY 2024 |
ARBDB LIMITED (REGISTERED NUMBER: 07498754) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JANUARY 2024 |
Page |
Balance Sheet | 1 |
ARBDB LIMITED (REGISTERED NUMBER: 07498754) |
BALANCE SHEET |
31ST JANUARY 2024 |
2024 | 2023 |
£ | £ |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
ArbDB Limited is a |
Registered number: |
Registered office: |
2. | AVERAGE NUMBER OF EMPLOYEES AND DIRECTORS |
The average number of directors during the year was 3 (2023 - 3). |
3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At the year end date the company owed the directors the following amounts in respect of their directors' current accounts: |
2024 | 2023 |
Mr A.L. Marks | £1 | £5,000 |
Mr C.J. Wright | £1 | £5,000 |
Mr M.D. Cover | £1 | £5,000 |
These sums are undated, unsecured and interest free. |
During the year the company purchased arbitration and mediation services from its directors Mr A.L. Marks and Mr C.J. Wright and from Decouvert Limited (formerly Michael Cover ADR Limited) amounting to £1,296 (2023 - £44,753), £150,800 (2023 - £173,177) and £119,279 (2023 - £131,515) respectively, net of VAT. |
Sums outstanding and due to Mr A.L. Marks as at the balance sheet date amounted to £NIL (2023 - £Nil). Sums outstanding and due to Mr C.J. Wright as at the balance sheet date amounted to £20,376 (2023 - £11,101). Sums outstanding and due to Decouvert Limited (formerly Michael Cover ADR Limited) as at the balance sheet date amounted to £6,002 (2023 - £NIL). |
These transactions are all on a commercial basis. |
ARBDB LIMITED (REGISTERED NUMBER: 07498754) |
BALANCE SHEET - continued |
31ST JANUARY 2024 |
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 were approved by the Board of Directors and authorised for issue on |