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REGISTERED NUMBER: 07647191














ARNSIDE INDUSTRIAL SOLUTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






ARNSIDE INDUSTRIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 07647191)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ARNSIDE INDUSTRIAL SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: M Roberts
D A Roberts





REGISTERED OFFICE: 33A Privett Road
Purbrook
Waterlooville
Hampshire
PO7 5JN





REGISTERED NUMBER: 07647191






ARNSIDE INDUSTRIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 07647191)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 34,216 27,815

CURRENT ASSETS
Debtors 5 - 69,590
Cash at bank and in hand 66,091 18,895
66,091 88,485
CREDITORS
Amounts falling due within one year 6 16,367 8,911
NET CURRENT ASSETS 49,724 79,574
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,940

107,389

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 83,840 107,289
SHAREHOLDERS' FUNDS 83,940 107,389

ARNSIDE INDUSTRIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 07647191)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2024


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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 2 January 2025 and were signed on its behalf by:





M Roberts - Director


ARNSIDE INDUSTRIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 07647191)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Arnside Industrial Solutions Limited is a private company, limited by shares , registered in Not specified/Other. 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

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 statement of financial position date.


ARNSIDE INDUSTRIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 07647191)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 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 statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 June 2023 53,340 9,270 62,610
Additions 13,539 1,416 14,955
At 31 May 2024 66,879 10,686 77,565
DEPRECIATION
At 1 June 2023 28,809 5,986 34,795
Charge for year 7,614 940 8,554
At 31 May 2024 36,423 6,926 43,349
NET BOOK VALUE
At 31 May 2024 30,456 3,760 34,216
At 31 May 2023 24,531 3,284 27,815

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 1,420
Other debtors - 67,550
VAT - 620
- 69,590

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 10,988 7,397
VAT 3,878 -
Directors' current accounts 1 14
Accrued expenses 1,500 1,500
16,367 8,911

ARNSIDE INDUSTRIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 07647191)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 June 2023 107,289
Profit for the year 51,026
Dividends (74,475 )
At 31 May 2024 83,840

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling part is M Roberts by virtue of his 100% family holding of the issued share capital.