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Company Registration No. 04243722 (England and Wales)
Arniston Associates Limited Unaudited accounts for the year ended 30 June 2023
Arniston Associates Limited Unaudited accounts Contents
Page
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Arniston Associates Limited Company Information for the year ended 30 June 2023
Director
Lee Nash
Company Number
04243722 (England and Wales)
Registered Office
22 Frenchmans Close Toddington Dunstable BEDFORDSHIRE LU5 6BD ENGLAND
Accountants
Mayflower Accountancy & Tax Limited Unit A, Angel Business Centre 1 Luton Road Toddington Bedfordshire LU5 6DE
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Arniston Associates Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,760 
24,700 
Investment property
95,000 
95,000 
114,760 
119,700 
Current assets
Debtors
566 
(1,701)
Cash at bank and in hand
49,815 
84,980 
50,381 
83,279 
Creditors: amounts falling due within one year
(3,101)
(13,159)
Net current assets
47,280 
70,120 
Total assets less current liabilities
162,040 
189,820 
Provisions for liabilities
Deferred tax
(8,155)
(11,960)
Net assets
153,885 
177,860 
Capital and reserves
Called up share capital
102 
102 
Fair value reserve
41,000 
41,000 
Profit and loss account
112,783 
136,758 
Shareholders' funds
153,885 
177,860 
For the year ending 30 June 2023 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 14 November 2024 and were signed on its behalf by
Lee Nash Director Company Registration No. 04243722
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Arniston Associates Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Arniston Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 04243722. The registered office is 22 Frenchmans Close, Toddington, Dunstable, BEDFORDSHIRE, LU5 6BD, 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.
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:
Fixtures & fittings
20% on reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
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Arniston Associates Limited Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2022
48,242 
At 30 June 2023
48,242 
Depreciation
At 1 July 2022
23,542 
Charge for the year
4,940 
At 30 June 2023
28,482 
Net book value
At 30 June 2023
19,760 
At 30 June 2022
24,700 
5
Investment property
2023 
£ 
Fair value at 1 July 2022
95,000 
At 30 June 2023
95,000 
Fair value at 30 June 2022 is represented by the original cost £54,000 plus the revaluation in 2018 £41,000. The investment property was valued on an open market basis on 30 June 2023 by the director.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
566 
(834)
Other debtors
- 
(867)
566 
(1,701)
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,781 
- 
Loans from directors
- 
11,391 
Accruals
1,320 
1,768 
3,101 
13,159 
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Arniston Associates Limited Notes to the Accounts for the year ended 30 June 2023
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
11,544 
11,437 
Tax losses carried forward
(3,389)
523 
8,155 
11,960 
2023 
2022 
£ 
£ 
Provision at start of year
11,960 
11,739 
(Credited)/charged to the profit and loss account
(3,805)
221 
Provision at end of year
8,155 
11,960 
9
Average number of employees
During the year the average number of employees was 1 (2022: 0).
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