Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 07932897 Mr Steven Simister iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07932897 2023-02-28 07932897 2024-02-28 07932897 2023-03-01 2024-02-28 07932897 frs-core:CurrentFinancialInstruments 2024-02-28 07932897 frs-core:Non-currentFinancialInstruments 2024-02-28 07932897 frs-core:ComputerEquipment 2024-02-28 07932897 frs-core:ComputerEquipment 2023-03-01 2024-02-28 07932897 frs-core:ComputerEquipment 2023-02-28 07932897 frs-core:FurnitureFittings 2024-02-28 07932897 frs-core:FurnitureFittings 2023-03-01 2024-02-28 07932897 frs-core:FurnitureFittings 2023-02-28 07932897 frs-core:PlantMachinery 2024-02-28 07932897 frs-core:PlantMachinery 2023-03-01 2024-02-28 07932897 frs-core:PlantMachinery 2023-02-28 07932897 frs-core:ShareCapital 2024-02-28 07932897 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 07932897 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 07932897 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 07932897 frs-bus:SmallEntities 2023-03-01 2024-02-28 07932897 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 07932897 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 07932897 frs-bus:Director1 2023-03-01 2024-02-28 07932897 1 2023-03-01 2024-02-28 07932897 frs-countries:EnglandWales 2023-03-01 2024-02-28 07932897 2022-02-28 07932897 2023-02-28 07932897 2022-03-01 2023-02-28 07932897 frs-core:CurrentFinancialInstruments 2023-02-28 07932897 frs-core:Non-currentFinancialInstruments 2023-02-28 07932897 frs-core:ShareCapital 2023-02-28 07932897 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 07932897 1 2022-03-01 2023-02-28
Registered number: 07932897
Arkle Automotive Project Engineering Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2024
Willoughby & Smets Accountants Limited
Suite 14, 548-550 Elder House
Elder Gate
Milton Keynes
MK9 1LR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07932897
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,921 6,921
6,921 6,921
CURRENT ASSETS
Cash at bank and in hand 126 120
126 120
Creditors: Amounts Falling Due Within One Year 5 (10,634 ) (8,494 )
NET CURRENT ASSETS (LIABILITIES) (10,508 ) (8,374 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,587 ) (1,453 )
Creditors: Amounts Falling Due After More Than One Year 6 (4,174 ) (6,135 )
NET LIABILITIES (7,761 ) (7,588 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (7,762 ) (7,589 )
SHAREHOLDERS' FUNDS (7,761) (7,588)
Page 1
Page 2
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Steven Simister
Director
19/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Arkle Automotive Project Engineering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07932897 . The registered office is 45 Woodall Close, Middleton, Milton Keynes, MK10 9JZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 33% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Project Management 1 1
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 18,630 3,139 10,149 31,918
As at 28 February 2024 18,630 3,139 10,149 31,918
Depreciation
As at 1 March 2023 12,683 2,447 9,867 24,997
As at 28 February 2024 12,683 2,447 9,867 24,997
Net Book Value
As at 28 February 2024 5,947 692 282 6,921
As at 1 March 2023 5,947 692 282 6,921
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Other taxes and social security 4,395 4,395
Director's loan account 6,238 4,098
10,634 8,494
Page 3
Page 4
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,174 6,135
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4