Company Registration No. 08862868 (England and Wales)
Arieli & Company Limited
Unaudited accounts
for the year ended 31 January 2024
Arieli & Company Limited
Unaudited accounts
Contents
Arieli & Company Limited
Company Information
for the year ended 31 January 2024
Company Number
08862868 (England and Wales)
Registered Office
45 Albemarle Street
3rd Floor
London
W1S 4JL
England
Accountants
Sidgrove
86-90 Paul Street
London
EC2A 4NE
Arieli & Company Limited
Statement of financial position
as at 31 January 2024
Tangible assets
3,903
10,382
Cash at bank and in hand
5,897
117,118
Creditors: amounts falling due within one year
(186,134)
(32,523)
Net current (liabilities)/assets
(137,478)
136,761
Total assets less current liabilities
(133,567)
147,151
Provisions for liabilities
Net (liabilities)/assets
(133,567)
145,309
Called up share capital
10
10
Profit and loss account
(133,577)
145,299
Shareholders' funds
(133,567)
145,309
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 her 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 31 October 2024 and were signed on its behalf by
Suesal Arieli
Director
Company Registration No. 08862868
Arieli & Company Limited
Notes to the Accounts
for the year ended 31 January 2024
Arieli & Company Limited is a private company, limited by shares, registered in England and Wales, registration number 08862868. The registered office is 45 Albemarle Street, 3rd Floor, London, W1S 4JL, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
The prior year comparatives have been updated to correct errors in the prior year filed accounts. Amendments have been made to the following accounts:
• Investments (Arieli & Company (US) Inc): £8 (previously: £0)
• Cash at bank and in hand: £117,118 (previously: £116,980)
• Creditors: amounts falling due within one year: £32,523 (previously: £32,500)
• Profit and loss account: £145,299 (previously: £145,184)
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
1,381
6,356
19,596
27,333
At 31 January 2024
1,381
6,356
19,596
27,333
At 1 February 2023
1,276
2,890
12,785
16,951
Charge for the year
104
1,681
4,694
6,479
At 31 January 2024
1,380
4,571
17,479
23,430
At 31 January 2024
1
1,785
2,117
3,903
At 31 January 2023
105
3,466
6,811
10,382
Arieli & Company Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Investments
Subsidiary undertakings
Valuation at 1 February 2023
8
Valuation at 31 January 2024
8
Amounts falling due within one year
Amounts due from group undertakings etc.
42,759
(8)
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,196
2,250
Taxes and social security
59,271
9,189
Other creditors
69,476
873
Loans from directors
50,471
6,360
8
Transactions with related parties
Loan to wholly-owned US subsidiary:
As of the balance sheet date, £42,759 (2023: £0) was receivable from Arieli & Company (US) Inc., a wholly-owned subsidiary incorporated in Delaware, USA. The total balance is unsecured, interest-free, and repayable on demand.
Loan from the Director:
At the balance sheet date, a total of £50,471 (2023: £6,360) was owed to the Director. This amount relates to expenses paid on behalf of the company and other amounts due from the company. The total balance is unsecured, interest-free, and repayable on demand.
9
Average number of employees
During the year the average number of employees was 3 (2023: 8).