IRIS Accounts Production v24.3.0.553 03595811 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false Ordinary A 1.00000 Ordinary B Non-voting, Non-participating 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035958112023-07-31035958112024-07-31035958112023-08-012024-07-31035958112022-07-31035958112022-08-012023-07-31035958112023-07-3103595811ns15:EnglandWales2023-08-012024-07-3103595811ns14:PoundSterling2023-08-012024-07-3103595811ns10:Director12023-08-012024-07-3103595811ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3103595811ns10:SmallEntities2023-08-012024-07-3103595811ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3103595811ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3103595811ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3103595811ns10:FullAccounts2023-08-012024-07-3103595811ns10:OrdinaryShareClass22023-08-012024-07-3103595811ns10:OrdinaryShareClass32023-08-012024-07-3103595811ns10:Director22023-08-012024-07-3103595811ns10:Director32023-08-012024-07-3103595811ns10:CompanySecretary12023-08-012024-07-3103595811ns10:RegisteredOffice2023-08-012024-07-3103595811ns5:CurrentFinancialInstruments2024-07-3103595811ns5:CurrentFinancialInstruments2023-07-3103595811ns5:ShareCapital2024-07-3103595811ns5:ShareCapital2023-07-3103595811ns5:RetainedEarningsAccumulatedLosses2024-07-3103595811ns5:RetainedEarningsAccumulatedLosses2023-07-3103595811ns5:LeaseholdImprovements2023-08-012024-07-3103595811ns5:PlantMachinery2023-08-012024-07-3103595811ns5:FurnitureFittings2023-08-012024-07-3103595811ns5:MotorVehicles2023-08-012024-07-3103595811ns5:ComputerEquipment2023-08-012024-07-3103595811ns5:LeaseholdImprovements2023-07-3103595811ns5:PlantMachinery2023-07-3103595811ns5:FurnitureFittings2023-07-3103595811ns5:LeaseholdImprovements2024-07-3103595811ns5:PlantMachinery2024-07-3103595811ns5:FurnitureFittings2024-07-3103595811ns5:LeaseholdImprovements2023-07-3103595811ns5:PlantMachinery2023-07-3103595811ns5:FurnitureFittings2023-07-3103595811ns5:MotorVehicles2023-07-3103595811ns5:ComputerEquipment2023-07-3103595811ns5:MotorVehicles2024-07-3103595811ns5:ComputerEquipment2024-07-3103595811ns5:MotorVehicles2023-07-3103595811ns5:ComputerEquipment2023-07-3103595811ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3103595811ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3103595811ns10:OrdinaryShareClass22024-07-3103595811ns10:OrdinaryShareClass32024-07-31035958111ns10:Director12023-07-31035958111ns10:Director12022-07-31035958111ns10:Director12023-08-012024-07-31035958111ns10:Director12022-08-012023-07-31035958111ns10:Director12024-07-31035958111ns10:Director12023-07-31
REGISTERED NUMBER: 03595811 (England and Wales)











ARC ENGINEERING FABRICATION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2024






ARC ENGINEERING FABRICATION LIMITED (REGISTERED NUMBER: 03595811)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


ARC ENGINEERING FABRICATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2024







DIRECTORS: S J Hodd
Mrs A Hodd
O Hodd





SECRETARY: Mrs A Hodd





REGISTERED OFFICE: 20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE





REGISTERED NUMBER: 03595811 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

ARC ENGINEERING FABRICATION LIMITED (REGISTERED NUMBER: 03595811)

BALANCE SHEET
31ST JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 192,009 157,333

CURRENT ASSETS
Stocks 6,500 6,500
Debtors 5 305,033 301,383
Cash at bank 329,103 415,652
640,636 723,535
CREDITORS
Amounts falling due within one year 6 248,781 336,207
NET CURRENT ASSETS 391,855 387,328
TOTAL ASSETS LESS CURRENT
LIABILITIES

583,864

544,661

PROVISIONS FOR LIABILITIES 47,987 39,314
NET ASSETS 535,877 505,347

CAPITAL AND RESERVES
Called up share capital 7 300 300
Retained earnings 535,577 505,047
SHAREHOLDERS' FUNDS 535,877 505,347

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 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.

ARC ENGINEERING FABRICATION LIMITED (REGISTERED NUMBER: 03595811)

BALANCE SHEET - continued
31ST JULY 2024


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 25th November 2024 and were signed on its behalf by:





S J Hodd - Director


ARC ENGINEERING FABRICATION LIMITED (REGISTERED NUMBER: 03595811)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024


1. STATUTORY INFORMATION

Arc Engineering Fabrication 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 (£).


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 the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

ARC ENGINEERING FABRICATION LIMITED (REGISTERED NUMBER: 03595811)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024


2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1st August 2023 15,986 319,154 24,283
Additions - 17,981 1,608
Disposals - - -
At 31st July 2024 15,986 337,135 25,891
DEPRECIATION
At 1st August 2023 2,741 259,553 14,878
Charge for year 1,413 19,394 1,099
Eliminated on disposal - - -
At 31st July 2024 4,154 278,947 15,977
NET BOOK VALUE
At 31st July 2024 11,832 58,188 9,914
At 31st July 2023 13,245 59,601 9,405

ARC ENGINEERING FABRICATION LIMITED (REGISTERED NUMBER: 03595811)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st August 2023 199,887 24,295 583,605
Additions 85,924 6,158 111,671
Disposals (90,632 ) - (90,632 )
At 31st July 2024 195,179 30,453 604,644
DEPRECIATION
At 1st August 2023 130,274 18,826 426,272
Charge for year 34,459 2,927 59,292
Eliminated on disposal (72,929 ) - (72,929 )
At 31st July 2024 91,804 21,753 412,635
NET BOOK VALUE
At 31st July 2024 103,375 8,700 192,009
At 31st July 2023 69,613 5,469 157,333

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 242,286 200,185
Other debtors 62,747 101,198
305,033 301,383

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 218,403 260,738
Taxation and social security 26,268 70,348
Other creditors 4,110 5,121
248,781 336,207

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary A £1 200 200
100 Ordinary B Non-voting, Non-par £1 100 100
300 300

ARC ENGINEERING FABRICATION LIMITED (REGISTERED NUMBER: 03595811)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st July 2024 and 31st July 2023:

2024 2023
£    £   
S J Hodd
Balance outstanding at start of year - -
Amounts advanced 1,531 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,531 -

The above advance was made to the Director during the year. No interest was charged on the outstanding balance and there were no fixed terms for repayment.