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REGISTERED NUMBER: 05945178 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ARC MANUFACTURING SOLUTIONS LTD

ARC MANUFACTURING SOLUTIONS LTD (REGISTERED NUMBER: 05945178)






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


ARC MANUFACTURING SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: N J Reade





REGISTERED OFFICE: 13 Station Road
Cam
Dursley
Gloucestershire
GL11 5NS





REGISTERED NUMBER: 05945178 (England and Wales)





ACCOUNTANTS: Shiner Mitchell Fisher & Co Ltd
Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG

ARC MANUFACTURING SOLUTIONS LTD (REGISTERED NUMBER: 05945178)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 307,706 327,276

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 330,266 284,104
Cash at bank 16,850 83,472
352,116 372,576
CREDITORS
Amounts falling due within one year 6 73,345 94,389
NET CURRENT ASSETS 278,771 278,187
TOTAL ASSETS LESS CURRENT
LIABILITIES

586,477

605,463

CREDITORS
Amounts falling due after more than one
year

7

(238,034

)

(270,456

)

PROVISIONS FOR LIABILITIES (7,842 ) (7,842 )
NET ASSETS 340,601 327,165

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 340,591 327,155
SHAREHOLDERS' FUNDS 340,601 327,165

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.

ARC MANUFACTURING SOLUTIONS LTD (REGISTERED NUMBER: 05945178)

BALANCE SHEET - continued
31 MARCH 2024


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 28 January 2025 and were signed by:





N J Reade - Director


ARC MANUFACTURING SOLUTIONS LTD (REGISTERED NUMBER: 05945178)

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

1. STATUTORY INFORMATION

Arc Manufacturing Solutions Ltd is a private company, limited by shares , registered in England and Wales. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 5 ) .

ARC MANUFACTURING SOLUTIONS LTD (REGISTERED NUMBER: 05945178)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 197,309 577,208 774,517
DEPRECIATION
At 1 April 2023 - 447,241 447,241
Charge for year - 19,570 19,570
At 31 March 2024 - 466,811 466,811
NET BOOK VALUE
At 31 March 2024 197,309 110,397 307,706
At 31 March 2023 197,309 129,967 327,276

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 116,420
DEPRECIATION
At 1 April 2023 41,023
Charge for year 11,309
At 31 March 2024 52,332
NET BOOK VALUE
At 31 March 2024 64,088
At 31 March 2023 75,397

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 88,538 85,026
Amounts owed by group undertakings 229,702 185,752
Other debtors 12,026 13,326
330,266 284,104

ARC MANUFACTURING SOLUTIONS LTD (REGISTERED NUMBER: 05945178)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 13,416 13,541
Hire purchase contracts 22,058 26,397
Trade creditors 21,866 32,613
Taxation and social security 2,132 8,065
Other creditors 13,873 13,773
73,345 94,389

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 225,724 237,785
Hire purchase contracts 12,310 32,671
238,034 270,456

8. RELATED PARTY DISCLOSURES

During the year the director continued to provide support to the company. As at 31 March 2023 the company owed £6,785 (2023: £6,785)

9. ULTIMATE CONTROLLING PARTY

The controlling party is N J Reade.