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REGISTERED NUMBER: SC501835 (Scotland)















Arran Active Ltd

Unaudited Financial Statements for the Year Ended 31 January 2024






Arran Active Ltd (Registered number: SC501835)






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


Arran Active Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: A Walsh
J Walsh





REGISTERED OFFICE: Shore Road
Brodick
Isle of Arran
N Ayrshire
KA27 8AJ





REGISTERED NUMBER: SC501835 (Scotland)





ACCOUNTANTS: Winchmore West
Chartered Tax Advisers
26 Harewelle Way
Harrold
Bedford
Bedfordshire
MK43 7DY

Arran Active Ltd (Registered number: SC501835)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 - -
Tangible assets 4 5,103 5,572
5,103 5,572

CURRENT ASSETS
Stocks 348,417 394,271
Debtors 5 33,836 68,288
Cash at bank 729,563 556,778
1,111,816 1,019,337
CREDITORS
Amounts falling due within one year 6 110,232 107,109
NET CURRENT ASSETS 1,001,584 912,228
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,006,687

917,800

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,006,587 917,700
SHAREHOLDERS' FUNDS 1,006,687 917,800

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.

Arran Active Ltd (Registered number: SC501835)

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 25 October 2024 and were signed on its behalf by:





A Walsh - Director


Arran Active Ltd (Registered number: SC501835)

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

1. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

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 - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 16 ) .

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 70,000
AMORTISATION
At 1 February 2023
and 31 January 2024 70,000
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

Arran Active Ltd (Registered number: SC501835)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 30,309
Additions 1,232
At 31 January 2024 31,541
DEPRECIATION
At 1 February 2023 24,737
Charge for year 1,701
At 31 January 2024 26,438
NET BOOK VALUE
At 31 January 2024 5,103
At 31 January 2023 5,572

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 2,487 2,897
Other debtors 31,349 65,391
33,836 68,288

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 59,725 60,703
Other creditors 50,507 46,406
110,232 107,109

Arran Active Ltd (Registered number: SC501835)

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

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.1.24 31.1.23
£    £   
A Walsh
Balance outstanding at start of year 25,663 89,463
Amounts advanced 55 -
Amounts repaid (25,664 ) (63,800 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 54 25,663

J Walsh
Balance outstanding at start of year 25,664 89,464
Amounts repaid (25,664 ) (63,800 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 25,664

On 11 February 2021 the company advanced a loan of £105,000 to each director, on an interest free basis.
The loans are repayable on demand.
The loans were repaid in full on 23 October 2023.

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £80,328 (2023 - £153,100) were paid to the directors .