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REGISTERED NUMBER: 01603045 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Arranquote Ltd

Arranquote Ltd (Registered number: 01603045)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 5

Arranquote Ltd

Company Information
for the year ended 31 December 2023







DIRECTORS: Miss A J Foster
H J Foster





SECRETARY: Miss A J Foster





REGISTERED OFFICE: 8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ





REGISTERED NUMBER: 01603045 (England and Wales)





ACCOUNTANTS: Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ

Arranquote Ltd (Registered number: 01603045)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 136,041 138,866

CURRENT ASSETS
Stocks 14,558 14,558
Debtors 5 18,840 18,400
Investments 6 1,000 1,000
Cash at bank 29,927 50,329
64,325 84,287
CREDITORS
Amounts falling due within one year 7 2,717 5,049
NET CURRENT ASSETS 61,608 79,238
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,649

218,104

CREDITORS
Amounts falling due after more than one
year

8

323,318

323,318
NET LIABILITIES (125,669 ) (105,214 )

CAPITAL AND RESERVES
Called up share capital 27,000 27,000
Revaluation reserve 89,275 89,275
Retained earnings (241,944 ) (221,489 )
SHAREHOLDERS' FUNDS (125,669 ) (105,214 )

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

The members have not required the company to obtain an audit of its financial statements for the year 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by:





H J Foster - Director


Arranquote Ltd (Registered number: 01603045)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Arranquote Ltd 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 fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes in respect of sales of machinery.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tooling - 15% on reducing balance

Freehold property - 1% on cost
Improvements to property -1% on cost

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

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.

Group accounts
The company has taken advantage of the exemption provided by Section 248 of the Companies Act 2006 not to prepare group accounts. The financial statements, therefore, present information about the company as an individual undertaking and not about its group.

Grants received
Grants received are recognised as income over the period necessary to match them with the related costs for which they are intended to compensate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Arranquote Ltd (Registered number: 01603045)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to
property property Tooling Totals
£    £    £    £   
COST
At 1 January 2023 148,509 39,408 13,010 200,927
Disposals - - (13,010 ) (13,010 )
At 31 December 2023 148,509 39,408 - 187,917
DEPRECIATION
At 1 January 2023 39,900 10,098 12,063 62,061
Charge for year 1,485 393 - 1,878
Eliminated on disposal - - (12,063 ) (12,063 )
At 31 December 2023 41,385 10,491 - 51,876
NET BOOK VALUE
At 31 December 2023 107,124 28,917 - 136,041
At 31 December 2022 108,609 29,310 947 138,866

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 18,840 18,400

6. CURRENT ASSET INVESTMENTS
31.12.23 31.12.22
£    £   
Unlisted investments 1,000 1,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 22 21
Taxation and social security - 1,138
Other creditors 2,695 3,890
2,717 5,049

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 323,318 323,318

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Arranquote Ltd

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Arranquote Ltd for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Arranquote Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Arranquote Ltd and state those matters that we have agreed to state to the Board of Directors of Arranquote Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Arranquote Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Arranquote Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Arranquote Ltd. You consider that Arranquote Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Arranquote Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ


7 November 2024