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REGISTERED NUMBER: 13158390 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

FOR

ARCULUS LIMITED

ARCULUS LIMITED (REGISTERED NUMBER: 13158390)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ARCULUS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023







DIRECTORS: A J France
A E Young
Ms R Billen





REGISTERED OFFICE: 40 Caversham Road
Reading
Berkshire
RG1 7EB





REGISTERED NUMBER: 13158390 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

ARCULUS LIMITED (REGISTERED NUMBER: 13158390)

BALANCE SHEET
31 DECEMBER 2023

2023 2023
Comparative
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,160 23,399

CURRENT ASSETS
Debtors 5 995,978 737,277
Cash at bank 1,606,620 916,720
2,602,598 1,653,997
CREDITORS
Amounts falling due within one year 6 670,333 503,003
NET CURRENT ASSETS 1,932,265 1,150,994
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,954,425

1,174,393

PROVISIONS FOR LIABILITIES 5,540 5,850
NET ASSETS 1,948,885 1,168,543

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 1,948,735 1,168,393
1,948,885 1,168,543

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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.

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





A J France - Director


ARCULUS LIMITED (REGISTERED NUMBER: 13158390)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

1. STATUTORY INFORMATION

Arculus 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the period 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 taxation is provided in full on timing differences which represent a liability at the balance sheet date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in financial statements. Deferred tax assets and liabilities are not discounted.

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 period was 24 (2023 - 15 ) .

ARCULUS LIMITED (REGISTERED NUMBER: 13158390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 2,079 28,482 30,561
Additions - 7,228 7,228
At 31 December 2023 2,079 35,710 37,789
DEPRECIATION
At 1 April 2023 474 6,688 7,162
Charge for period 389 8,078 8,467
At 31 December 2023 863 14,766 15,629
NET BOOK VALUE
At 31 December 2023 1,216 20,944 22,160
At 31 March 2023 1,605 21,794 23,399

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
Comparative
£    £   
Trade debtors 889,840 698,341
Other debtors - 1,502
Directors' loan accounts 6,735 -
Accrued income 86,925 18,572
Prepayments 12,478 18,862
995,978 737,277

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
Comparative
£    £   
Trade creditors 119,584 19,512
Amounts owed to group undertakings 4,276 4,276
Tax 326,173 242,639
Pension payable 7,255 1,935
VAT 158,207 205,591
Directors' loan accounts 7,050 700
Accrued expenses 47,788 28,350
670,333 503,003

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 December 2023 and the year ended 31 March 2023:

2023 2023
Comparative
£    £   
P Ellis
Balance outstanding at start of period (200 ) 1,470
Amounts advanced 135 -
Amounts repaid (6,700 ) (1,670 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (6,765 ) (200 )

ARCULUS LIMITED (REGISTERED NUMBER: 13158390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

A J France
Balance outstanding at start of period (100 ) (1,893 )
Amounts advanced 6,835 1,793
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 6,735 (100 )

Also during the period Ms C M Downie decreased her loan to the company. At the period end, the amount owing from the company was £285 (2023:£400).

These balances represented the maximum amount outstanding during the period and the loans are interest free and repayable on demand.

8. POST BALANCE SHEET EVENTS

On 12 March 2024, after the balance sheet date, the parent company, Arculus Cyber Security Limited, was 100% acquired by Bridewell Consulting Limited. The new ultimate parent company at that point was Bridewell Group Holdings Limited.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is The directors.

This was by virtue of their 87% holding of the issued share capital.