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REGISTERED NUMBER: 12421544 (England and Wales)








REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ARKFACADES LIMITED

ARKFACADES LIMITED (REGISTERED NUMBER: 12421544)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Company Information 1

Report of the Director 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


ARKFACADES LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTOR: Mr A R Hood





REGISTERED OFFICE: 19 Clover Drive
Salford
M7 1RF





REGISTERED NUMBER: 12421544 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

ARKFACADES LIMITED (REGISTERED NUMBER: 12421544)

REPORT OF THE DIRECTOR
for the Year Ended 31 January 2024

The director presents his report with the financial statements of the company for the year ended 31 January 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of removal and installation of facades to residential, commercial and industrial buildings.

DIRECTOR
Mr A R Hood held office during the whole of the period from 1 February 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr A R Hood - Director


29 July 2024

ARKFACADES LIMITED (REGISTERED NUMBER: 12421544)

BALANCE SHEET
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 49,280 59,881

CURRENT ASSETS
Stocks 56,442 3,580
Debtors 5 386,645 151,209
Cash at bank 359,431 376,968
802,518 531,757
CREDITORS
Amounts falling due within one year 6 (202,308 ) (148,979 )
NET CURRENT ASSETS 600,210 382,778
TOTAL ASSETS LESS CURRENT
LIABILITIES

649,490

442,659

CREDITORS
Amounts falling due after more than one
year

7

(59,625

)

(71,958

)

PROVISIONS FOR LIABILITIES (11,298 ) (11,377 )
NET ASSETS 578,567 359,324

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 578,566 359,323
SHAREHOLDERS' FUNDS 578,567 359,324

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

ARKFACADES LIMITED (REGISTERED NUMBER: 12421544)

BALANCE SHEET - continued
31 January 2024


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 29 July 2024 and were signed by:





Mr A R Hood - Director


ARKFACADES LIMITED (REGISTERED NUMBER: 12421544)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Arkfacades 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 1 (2023 - 1 ) .

ARKFACADES LIMITED (REGISTERED NUMBER: 12421544)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 13,404 67,900 3,550 84,854
Additions 4,986 - - 4,986
At 31 January 2024 18,390 67,900 3,550 89,840
DEPRECIATION
At 1 February 2023 4,761 19,097 1,115 24,973
Charge for year 2,777 12,201 609 15,587
At 31 January 2024 7,538 31,298 1,724 40,560
NET BOOK VALUE
At 31 January 2024 10,852 36,602 1,826 49,280
At 31 January 2023 8,643 48,803 2,435 59,881

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 346,920 130,749
Other debtors 39,725 20,460
386,645 151,209

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 7,430 6,611
Trade creditors 46,393 1,311
Taxation and social security 135,601 128,557
Other creditors 2,884 2,500
202,308 148,979

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 27,555 32,334
Hire purchase contracts 32,070 39,624
59,625 71,958

ARKFACADES LIMITED (REGISTERED NUMBER: 12421544)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
Mr A R Hood
Balance outstanding at start of year 20,460 7,129
Amounts advanced - 13,331
Amounts repaid (20,460 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 20,460

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A R Hood.