Company Registration No. 07544732 (England and Wales)
Arcminute Ltd
Unaudited accounts
for the year ended 29 February 2024
Arcminute Ltd
Unaudited accounts
Contents
Arcminute Ltd
Company Information
for the year ended 29 February 2024
Director
John Richard Griffin
Company Number
07544732 (England and Wales)
Arcminute Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
20,016
15,299
Cash at bank and in hand
42,231
55,341
Creditors: amounts falling due within one year
(17,604)
(26,868)
Net current assets
52,522
78,552
Called up share capital
1
1
Profit and loss account
72,537
93,850
Shareholders' funds
72,538
93,851
For the year ending 29 February 2024 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 29 November 2024 and were signed on its behalf by
John Richard Griffin
Director
Company Registration No. 07544732
Arcminute Ltd
Notes to the Accounts
for the year ended 29 February 2024
Arcminute Ltd is a private company, limited by shares, registered in England and Wales, registration number 07544732.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% Straight Line
4
Tangible fixed assets
Plant & machinery
At 29 February 2024
112,804
At 29 February 2024
92,788
At 29 February 2024
20,016
At 28 February 2023
15,299
Amounts falling due within one year
Trade debtors
25,932
46,302
Accrued income and prepayments
377
2,191
Arcminute Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,939
12,662
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).