2 April 2023 false No description of principal activity Taxfiler 2024.6 12855725business:PrivateLimitedCompanyLtd2023-04-022024-04-01 128557252023-04-01 128557252023-04-022024-04-01 12855725business:AuditExemptWithAccountantsReport2023-04-022024-04-01 12855725business:FilletedAccounts2023-04-022024-04-01 128557252024-04-01 128557252023-04-01 12855725core:WithinOneYear2024-04-01 12855725core:WithinOneYear2023-04-01 12855725core:ShareCapitalcore:PreviouslyStatedAmount2024-04-01 12855725core:ShareCapitalcore:PreviouslyStatedAmount2023-04-01 12855725core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-01 12855725core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-01 12855725core:PreviouslyStatedAmount2024-04-01 12855725core:PreviouslyStatedAmount2023-04-01 12855725business:SmallEntities2023-04-022024-04-01 12855725business:Director12023-04-022024-04-01 12855725countries:EnglandWales2023-04-022024-04-01 12855725business:RegisteredOffice2023-04-022024-04-01 12855725core:MotorVehicles2023-04-022024-04-01 12855725core:PlantMachinery2023-04-01 12855725core:MotorVehicles2023-04-01 12855725core:PlantMachinery2023-04-022024-04-01 12855725core:PlantMachinery2024-04-01 12855725core:MotorVehicles2024-04-01 12855725business:OrdinaryShareClass12023-04-022024-04-01 12855725business:OrdinaryShareClass12022-04-022023-04-01 128557252022-04-022023-04-01 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12855725 (England and Wales)
Arcis Decorators Ltd Unaudited accounts for the year ended 1 April 2024
Arcis Decorators Ltd Unaudited accounts Contents
Page
- 2 -
Arcis Decorators Ltd Statement of financial position as at 1 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,596 
15,803 
Current assets
Debtors
9,908 
10,618 
Cash at bank and in hand
23,473 
25,525 
33,381 
36,143 
Creditors: amounts falling due within one year
(13,920)
(23,771)
Net current assets
19,461 
12,372 
Total assets less current liabilities
33,057 
28,175 
Provisions for liabilities
Deferred tax
(2,583)
(3,002)
Net assets
30,474 
25,173 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
30,473 
25,172 
Shareholders' funds
30,474 
25,173 
For the year ending 1 April 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 his 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 29 October 2024 and were signed on its behalf by
A O'Hare Director Company Registration No. 12855725
- 3 -
Arcis Decorators Ltd Notes to the Accounts for the year ended 1 April 2024
1
Statutory information
Arcis Decorators Ltd is a private company, limited by shares, registered in England and Wales, registration number 12855725. The registered office is 115 Chitterman Way, Markfield, Leicestershire, LE67 9WU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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:
Motor vehicles
20% on cost
- 4 -
Arcis Decorators Ltd Notes to the Accounts for the year ended 1 April 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 2 April 2023
- 
16,635 
16,635 
Additions
1,400 
- 
1,400 
At 1 April 2024
1,400 
16,635 
18,035 
Depreciation
At 2 April 2023
- 
832 
832 
Charge for the year
280 
3,327 
3,607 
At 1 April 2024
280 
4,159 
4,439 
Net book value
At 1 April 2024
1,120 
12,476 
13,596 
At 1 April 2023
- 
15,803 
15,803 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,376 
9,086 
Accrued income and prepayments
218 
218 
Other debtors
1,314 
1,314 
9,908 
10,618 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
8,821 
4,579 
Other creditors
4,364 
18,512 
Accruals
735 
680 
13,920 
23,771 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 5 -