Company Registration No. 9472702 (England and Wales)
ARCH MOTORS LIMITED
Unaudited accounts
for the year ended 31 March 2024
ARCH MOTORS LIMITED
Unaudited accounts
Contents
ARCH MOTORS LIMITED
Company Information
for the year ended 31 March 2024
Company Number
9472702 (England and Wales)
Registered Office
ARCH 3
BRINDLEY STREET
RUNCORN
CHESHIRE
WA7 1EL
ENGLAND
ARCH MOTORS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
78,128
72,115
Cash at bank and in hand
8,103
6,607
Creditors: amounts falling due within one year
(16,082)
(17,557)
Net current assets/(liabilities)
4,379
(4,847)
Total assets less current liabilities
82,507
67,268
Creditors: amounts falling due after more than one year
(38,418)
(28,887)
Called up share capital
2
2
Capital redemption reserve
11,825
15,588
Profit and loss account
32,262
22,791
Shareholders' funds
44,089
38,381
For the 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. 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 22 July 2024 and were signed on its behalf by
S. JONES
Director
Company Registration No. 9472702
ARCH MOTORS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
ARCH MOTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9472702. The registered office is ARCH 3, BRINDLEY STREET, RUNCORN, CHESHIRE, WA7 1EL, ENGLAND.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
24,954
47,947
2,503
75,404
Additions
13,108
-
-
13,108
At 31 March 2024
38,062
47,947
2,503
88,512
At 1 April 2023
-
3,289
-
3,289
Charge for the year
3,806
3,289
-
7,095
At 31 March 2024
3,806
6,578
-
10,384
At 31 March 2024
34,256
41,369
2,503
78,128
At 31 March 2023
24,954
44,658
2,503
72,115
ARCH MOTORS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,184
3,012
Trade creditors
5,227
3,249
Taxes and social security
4,099
-
Proposed dividends
-
10,000
Other creditors
1,572
1,296
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
38,418
28,887
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).