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REGISTERED NUMBER: 09074085 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

ARROW JOINERY LIMITED

ARROW JOINERY LIMITED (REGISTERED NUMBER: 09074085)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARROW JOINERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Phillip Arrow
Elizabeth Ann Rich





REGISTERED OFFICE: 467 Rainham Road South
Dagenham
Essex
RM10 7XJ





REGISTERED NUMBER: 09074085 (England and Wales)





ACCOUNTANTS: Pickering Evennett Limited
467 Rainham Road South
Dagenham
Essex
RM10 7XJ

ARROW JOINERY LIMITED (REGISTERED NUMBER: 09074085)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,264 7,897
Investment property 5 348,244 348,244
353,508 356,141

CURRENT ASSETS
Debtors 6 280,067 294,649
Cash at bank and in hand 70,854 52,063
350,921 346,712
CREDITORS
Amounts falling due within one year 7 351,171 422,643
NET CURRENT LIABILITIES (250 ) (75,931 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

353,258

280,210

CREDITORS
Amounts falling due after more than one year 8 (11,571 ) (24,560 )

PROVISIONS FOR LIABILITIES (860 ) (1,144 )
NET ASSETS 340,827 254,506

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 340,727 254,406
SHAREHOLDERS' FUNDS 340,827 254,506

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

ARROW JOINERY LIMITED (REGISTERED NUMBER: 09074085)

BALANCE SHEET - continued
30 APRIL 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 1 October 2024 and were signed on its behalf by:





Phillip Arrow - Director


ARROW JOINERY LIMITED (REGISTERED NUMBER: 09074085)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Arrow Joinery 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 etc - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

ARROW JOINERY LIMITED (REGISTERED NUMBER: 09074085)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 May 2023 4,865 94,830 99,695
Disposals - (9,178 ) (9,178 )
At 30 April 2024 4,865 85,652 90,517
DEPRECIATION
At 1 May 2023 1,946 89,852 91,798
Charge for year 973 1,660 2,633
Eliminated on disposal - (9,178 ) (9,178 )
At 30 April 2024 2,919 82,334 85,253
NET BOOK VALUE
At 30 April 2024 1,946 3,318 5,264
At 30 April 2023 2,919 4,978 7,897

ARROW JOINERY LIMITED (REGISTERED NUMBER: 09074085)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 348,244
NET BOOK VALUE
At 30 April 2024 348,244
At 30 April 2023 348,244

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 122,511 120,244
Amounts recoverable on contract 4,334 5,111
Other debtors 360 360
Tax 152,539 168,934
VAT 323 -
280,067 294,649

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,946 6,903
Trade creditors 18,459 15,211
Tax 25,125 14,462
Social security and other taxes - 12,800
VAT - 2,964
Other creditors 51 81
Credit Card - 4,332
Directors' current accounts 290,375 358,017
Accrued expenses 7,215 7,873
351,171 422,643

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 11,571 24,560

ARROW JOINERY LIMITED (REGISTERED NUMBER: 09074085)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
Phillip Arrow and Elizabeth Ann Rich
Balance outstanding at start of year (358,017 ) (402,212 )
Amounts advanced 70,266 48,819
Amounts repaid (2,624 ) (4,624 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (290,375 ) (358,017 )

Dividends of £2,000 and Use of Home as Office of £624 were credited to the directors loan account during the period.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Phillip Arrow.