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REGISTERED NUMBER: 04249657 (England and Wales)












Financial Statements

for the Year Ended 30 June 2024

for

Arkios Limited

Arkios Limited (Registered number: 04249657)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Arkios Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: J R Lanyon
J A Nimmo
A Braghieri



REGISTERED OFFICE: 5-7 New Road
Radcliffe
Manchester
M26 1LS



REGISTERED NUMBER: 04249657 (England and Wales)



AUDITORS: Ardor Business Solutions Limited
Statutory Auditors
Chartered Certified Accountants
Unit 1
Shrine Barn
Sandling Road
Hythe
Kent
CT21 4HE



ACCOUNTANTS: Sinden Thackeray Partnership
Suite 7, Beaufort House
Beaufort Court, Sir Thomas Langely Road
Rochester
Kent
ME2 4FB

Arkios Limited (Registered number: 04249657)

Statement of Financial Position
30 June 2024

30/6/24 30/6/23
Notes £    £   
CURRENT ASSETS
Debtors 5 1,278,293 71,557
Cash at bank 179,447 116,925
1,457,740 188,482
CREDITORS
Amounts falling due within one year 6 1,376,516 100,780
NET CURRENT ASSETS 81,224 87,702
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,224

87,702

CREDITORS
Amounts falling due after more than one
year

7

11,762

20,747
NET ASSETS 69,462 66,955

CAPITAL AND RESERVES
Called up share capital 246,000 246,000
Share premium 25,000 25,000
Retained earnings (201,538 ) (204,045 )
69,462 66,955

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 28 October 2024 and were signed on its behalf by:





J R Lanyon - Director


Arkios Limited (Registered number: 04249657)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Arkios 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Amounts are rounded to the nearest Pound Sterling.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover comprises invoiced supplies of services by the company, net of Value Added Tax.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Arkios Limited (Registered number: 04249657)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. DEBTORS
30/6/24 30/6/23
£    £   
Amounts falling due within one year:
Trade debtors 1,257,942 25,876
Amounts owed by group undertakings - 10,386
Other debtors 1,435 -
VAT 16,561 18,429
Prepayments and accrued income 2,355 3,159
1,278,293 57,850

Amounts falling due after more than one year:
Amounts owed by group undertakings - 13,707

Aggregate amounts 1,278,293 71,557

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Bank loans and overdrafts 9,000 10,000
Trade creditors 13,845 18,139
Taxation - 644
Directors' current accounts 1 1
Accrued expenses 1,353,670 71,996
1,376,516 100,780

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/6/24 30/6/23
£    £   
Bank loans - 1-2 years 11,762 20,747

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Bryan Michael Kemsley FCCA (Senior Statutory Auditor)
for and on behalf of Ardor Business Solutions Limited

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Arkios AXJ Limited.