IRIS Accounts Production v24.3.2.46 SC418786 director 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4187862023-03-31SC4187862024-03-31SC4187862023-04-012024-03-31SC4187862022-03-31SC4187862022-04-012023-03-31SC4187862023-03-31SC418786ns15:Scotland2023-04-012024-03-31SC418786ns14:PoundSterling2023-04-012024-03-31SC418786ns10:Director12023-04-012024-03-31SC418786ns10:PrivateLimitedCompanyLtd2023-04-012024-03-31SC418786ns10:SmallEntities2023-04-012024-03-31SC418786ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31SC418786ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC418786ns10:FullAccounts2023-04-012024-03-31SC41878612023-04-012024-03-31SC418786ns10:RegisteredOffice2023-04-012024-03-31SC418786ns5:CurrentFinancialInstruments2024-03-31SC418786ns5:CurrentFinancialInstruments2023-03-31SC418786ns5:Non-currentFinancialInstruments2024-03-31SC418786ns5:Non-currentFinancialInstruments2023-03-31SC418786ns5:ShareCapital2024-03-31SC418786ns5:ShareCapital2023-03-31SC418786ns5:RetainedEarningsAccumulatedLosses2024-03-31SC418786ns5:RetainedEarningsAccumulatedLosses2023-03-31SC418786ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31SC418786ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-04-012024-03-31SC418786ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-04-012024-03-31SC418786ns5:PlantMachinery2023-04-012024-03-31SC418786ns5:FurnitureFittings2023-04-012024-03-31SC418786ns5:MotorVehicles2023-04-012024-03-31SC418786ns5:ComputerEquipment2023-04-012024-03-31SC418786ns5:IntangibleAssetsOtherThanGoodwill2023-03-31SC418786ns5:IntangibleAssetsOtherThanGoodwill2024-03-31SC418786ns5:IntangibleAssetsOtherThanGoodwill2023-03-31SC418786ns5:LandBuildings2023-03-31SC418786ns5:PlantMachinery2023-03-31SC418786ns5:FurnitureFittings2023-03-31SC418786ns5:LandBuildings2023-04-012024-03-31SC418786ns5:LandBuildings2024-03-31SC418786ns5:PlantMachinery2024-03-31SC418786ns5:FurnitureFittings2024-03-31SC418786ns5:LandBuildings2023-03-31SC418786ns5:PlantMachinery2023-03-31SC418786ns5:FurnitureFittings2023-03-31SC418786ns5:MotorVehicles2023-03-31SC418786ns5:ComputerEquipment2023-03-31SC418786ns5:MotorVehicles2024-03-31SC418786ns5:ComputerEquipment2024-03-31SC418786ns5:MotorVehicles2023-03-31SC418786ns5:ComputerEquipment2023-03-31SC418786ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31SC418786ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: SC418786 (Scotland)













Unaudited Financial Statements

for the Year Ended 31 March 2024

for

ARACH LTD

ARACH LTD (REGISTERED NUMBER: SC418786)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARACH LTD

Company Information
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: F E Potter





REGISTERED OFFICE: The Old Smiddy Main Street
Bankfoot
Perth
PH1 4AA





REGISTERED NUMBER: SC418786 (Scotland)





ACCOUNTANTS: BK Plus Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

ARACH LTD (REGISTERED NUMBER: SC418786)

Balance Sheet
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 383 1,510
Tangible assets 5 825,768 517,225
826,151 518,735

CURRENT ASSETS
Stocks 27,175 32,350
Debtors 6 22,998 5,939
Cash at bank 410,839 319,150
461,012 357,439
CREDITORS
Amounts falling due within one year 7 383,422 230,521
NET CURRENT ASSETS 77,590 126,918
TOTAL ASSETS LESS CURRENT
LIABILITIES

903,741

645,653

CREDITORS
Amounts falling due after more than one
year

8

(361,805

)

(251,892

)

PROVISIONS FOR LIABILITIES (38,255 ) -
NET ASSETS 503,681 393,761

ARACH LTD (REGISTERED NUMBER: SC418786)

Balance Sheet - continued
31 MARCH 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 503,671 393,751
503,681 393,761

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 23 December 2024 and were signed by:





F E Potter - Director


ARACH LTD (REGISTERED NUMBER: SC418786)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Arach Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold prop & improv - 5% on a reducing balance basis
Plant and machinery - 20% on a reducing balance basis
Office Equipment - 20% on a reducing balance basis
Motor vehicles - 20% on a reducing balance basis
Computer equipment - 33% on a straight line basis

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.


ARACH LTD (REGISTERED NUMBER: SC418786)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
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.

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 39 (2023 - 42 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023 1,510
Disposals (360 )
At 31 March 2024 1,150
AMORTISATION
Charge for year 767
At 31 March 2024 767
NET BOOK VALUE
At 31 March 2024 383
At 31 March 2023 1,510

ARACH LTD (REGISTERED NUMBER: SC418786)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Freehold
prop & Plant and Office
improv machinery Equipment
£    £    £   
COST
At 1 April 2023 406,968 232,708 6,326
Additions 325,744 29,878 -
Disposals - (75,711 ) -
At 31 March 2024 732,712 186,875 6,326
DEPRECIATION
At 1 April 2023 7,489 133,088 6,248
Charge for year 2,600 25,899 78
Eliminated on disposal - (59,365 ) -
At 31 March 2024 10,089 99,622 6,326
NET BOOK VALUE
At 31 March 2024 722,623 87,253 -
At 31 March 2023 399,479 99,620 78

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 31,850 - 677,852
Additions - 2,169 357,791
Disposals - - (75,711 )
At 31 March 2024 31,850 2,169 959,932
DEPRECIATION
At 1 April 2023 13,802 - 160,627
Charge for year 3,609 716 32,902
Eliminated on disposal - - (59,365 )
At 31 March 2024 17,411 716 134,164
NET BOOK VALUE
At 31 March 2024 14,439 1,453 825,768
At 31 March 2023 18,048 - 517,225

ARACH LTD (REGISTERED NUMBER: SC418786)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 214 670
Other debtors 22,784 5,269
22,998 5,939

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,460 6,538
Trade creditors 71,329 33,900
Taxation and social security 116,376 45,363
Other creditors 181,257 144,720
383,422 230,521

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 361,805 251,892

9. SECURED DEBTS

The bank loans are secured by standard securities over the investment properties.