Arc House Visuals Ltd 13295553 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is specialised architectural design. Digita Accounts Production Advanced 6.30.9574.0 true true 13295553 2023-04-01 2024-03-31 13295553 2024-03-31 13295553 core:RetainedEarningsAccumulatedLosses 2024-03-31 13295553 core:ShareCapital 2024-03-31 13295553 core:CurrentFinancialInstruments 2024-03-31 13295553 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 13295553 core:OfficeEquipment 2024-03-31 13295553 bus:SmallEntities 2023-04-01 2024-03-31 13295553 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13295553 bus:FilletedAccounts 2023-04-01 2024-03-31 13295553 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13295553 bus:RegisteredOffice 2023-04-01 2024-03-31 13295553 bus:Director1 2023-04-01 2024-03-31 13295553 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13295553 core:OfficeEquipment 2023-04-01 2024-03-31 13295553 countries:EnglandWales 2023-04-01 2024-03-31 13295553 2023-03-31 13295553 core:OfficeEquipment 2023-03-31 13295553 2022-04-01 2023-03-31 13295553 2023-03-31 13295553 core:RetainedEarningsAccumulatedLosses 2023-03-31 13295553 core:ShareCapital 2023-03-31 13295553 core:CurrentFinancialInstruments 2023-03-31 13295553 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 13295553 core:OfficeEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 13295553

Arc House Visuals Ltd

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Arc House Visuals Ltd

Contents

Company Information

1

Director's Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 8

 

Arc House Visuals Ltd

Company Information

Director

T D Lowe

Registered office

43 Alexandra Road
Frome
Somerset
BA11 1LX

Accountants

Burton Sweet Accountants Ltd
Chartered Accountants & Business Advisors
Cooper House
Lower Charlton Estate
Shepton Mallet
Somerset
BA4 5QE

 

Arc House Visuals Ltd

Director's Report
Year Ended 31 March 2024

The director presents his report and the financial statements for the year ended 31 March 2024.

Director of the company

The director who held office during the year was as follows:

T D Lowe

Principal activity

The principal activity of the company is specialised architectural design.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 29 November 2024 and signed on its behalf by:

.........................................
T D Lowe
Director

 

Arc House Visuals Ltd

(Registration number: 13295553)
Balance Sheet
31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

-

433

Current assets

 

Debtors

5

9,456

7,747

Cash at bank and in hand

 

86,384

78,051

 

95,840

85,798

Creditors: Amounts falling due within one year

6

(16,856)

(13,865)

Net current assets

 

78,984

71,933

Net assets

 

78,984

72,366

Capital and reserves

 

Called up share capital

1

1

Retained earnings

78,983

72,365

Shareholders' funds

 

78,984

72,366

 

Arc House Visuals Ltd

(Registration number: 13295553)
Balance Sheet
31 March 2024

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 November 2024
 

.........................................
T D Lowe
Director

 

Arc House Visuals Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
43 Alexandra Road
Frome
Somerset
BA11 1LX

These financial statements were authorised for issue by the director on 29 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities and is shown net of value added tax,

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Arc House Visuals Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

Straight line over 3 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business and are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers and are recognised at transaction price. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

 

Arc House Visuals Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Arc House Visuals Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2024

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 April 2023

1,300

1,300

At 31 March 2024

1,300

1,300

Depreciation

At 1 April 2023

867

867

Charge for the year

433

433

At 31 March 2024

1,300

1,300

Carrying amount

At 31 March 2024

-

-

At 31 March 2023

433

433

5

Debtors

2024
£

2023
£

Trade debtors

9,456

7,595

Prepayments

-

152

9,456

7,747

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

15,321

11,431

Accruals and deferred income

900

1,200

Other creditors

635

1,234

16,856

13,865