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REGISTERED NUMBER: 07491926 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Archway Business Limited

Archway Business Limited (Registered number: 07491926)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Archway Business Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: R Niemann
Mrs C Lenton





SECRETARY: Mrs C Lenton





REGISTERED OFFICE: 36 Phillips Court
Water Street
Stamford
Lincolnshire
PE9 2EE





REGISTERED NUMBER: 07491926 (England and Wales)





ACCOUNTANTS: Archway Business Ltd
Stuart House
Second Floor, East Wing
St John's Street
Peterborough
Cambridgeshire
PE1 5DD

Archway Business Limited (Registered number: 07491926)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 187,015 300,000
Tangible assets 5 2,132 2,600
189,147 302,600

CURRENT ASSETS
Debtors 6 7,386 53,121
Cash at bank 50,027 85,040
57,413 138,161
CREDITORS
Amounts falling due within one year 7 24,582 59,015
NET CURRENT ASSETS 32,831 79,146
TOTAL ASSETS LESS CURRENT
LIABILITIES

221,978

381,746

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 221,678 381,446
SHAREHOLDERS' FUNDS 221,978 381,746

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 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.

Archway Business Limited (Registered number: 07491926)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by:




R Niemann - Director



Mrs C Lenton - Director


Archway Business Limited (Registered number: 07491926)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Archway Business 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 represents the invoiced amount of goods sold and services provided.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 18% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 2 (2023 - 4 ) .

Archway Business Limited (Registered number: 07491926)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023 300,000
Disposals (112,985 )
At 31 January 2024 187,015
NET BOOK VALUE
At 31 January 2024 187,015
At 31 January 2023 300,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 8,792
DEPRECIATION
At 1 February 2023 6,192
Charge for year 468
At 31 January 2024 6,660
NET BOOK VALUE
At 31 January 2024 2,132
At 31 January 2023 2,600

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 5,095 53,121
Other debtors 2,291 -
7,386 53,121

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Tax 884 46,755
Other creditors 23,295 2,777
Directors' loan accounts 403 9,483
24,582 59,015

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R G Niemann and Mrs C Lenton.

Archway Business Limited

Report of the Accountants to the Directors of
Archway Business Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Archway Business Ltd
Stuart House
Second Floor, East Wing
St John's Street
Peterborough
Cambridgeshire
PE1 5DD


Date: .............................................