ARCADE78 LIMITED

Company Registration Number:
10184178 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

ARCADE78 LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

ARCADE78 LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 2,682 2,715
Total fixed assets: 2,682 2,715
Current assets
Debtors:   6,973 12,165
Cash at bank and in hand: 109,816 99,682
Total current assets: 116,789 111,847
Creditors: amounts falling due within one year: 4 (51,039) (36,676)
Net current assets (liabilities): 65,750 75,171
Total assets less current liabilities: 68,432 77,886
Provision for liabilities: (509) (516)
Total net assets (liabilities): 67,923 77,370
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 67,823 77,270
Shareholders funds: 67,923 77,370

The notes form part of these financial statements

ARCADE78 LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 December 2024
and signed on behalf of the board by:

Name: S P Richardson
Status: Director

The notes form part of these financial statements

ARCADE78 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the net value of services rendered, up to the balance sheet date.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is calculated to write off the cost less estimated residual value of all tangible fixed assets over their estimated useful lives at the following rates per annum: Computer and Office Equipment - 25% on straight line basis

Other accounting policies

Taxation: Taxation represents the sum of tax currently payable and deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Debtors and Creditors Receivable/Payable Within One Year: Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Pension Scheme Contributions: The company has made contributions to the sole Director’s Pension Scheme, which are expensed as they become payable.

ARCADE78 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

ARCADE78 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 5,945
Additions 1,132
At 31 May 2024 7,077
Depreciation
At 01 June 2023 3,230
Charge for year 1,165
At 31 May 2024 4,395
Net book value
At 31 May 2024 2,682
At 31 May 2023 2,715

ARCADE78 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

There are no secured creditors.