Caseware UK (AP4) 2023.0.135 2023.0.135 2024-11-302024-11-30truefalse2023-12-01No description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06705738 2023-12-01 2024-11-30 06705738 2022-12-01 2023-11-30 06705738 2024-11-30 06705738 2023-11-30 06705738 c:Director1 2023-12-01 2024-11-30 06705738 c:Director2 2023-12-01 2024-11-30 06705738 c:RegisteredOffice 2023-12-01 2024-11-30 06705738 d:PlantMachinery 2023-12-01 2024-11-30 06705738 d:PlantMachinery 2024-11-30 06705738 d:PlantMachinery 2023-11-30 06705738 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 06705738 d:MotorVehicles 2023-12-01 2024-11-30 06705738 d:MotorVehicles 2024-11-30 06705738 d:MotorVehicles 2023-11-30 06705738 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 06705738 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 06705738 d:Goodwill 2024-11-30 06705738 d:Goodwill 2023-11-30 06705738 d:CurrentFinancialInstruments 2024-11-30 06705738 d:CurrentFinancialInstruments 2023-11-30 06705738 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 06705738 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 06705738 d:ShareCapital 2024-11-30 06705738 d:ShareCapital 2023-11-30 06705738 d:RetainedEarningsAccumulatedLosses 2024-11-30 06705738 d:RetainedEarningsAccumulatedLosses 2023-11-30 06705738 c:FRS102 2023-12-01 2024-11-30 06705738 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 06705738 c:FullAccounts 2023-12-01 2024-11-30 06705738 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Company registration number: 06705738







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2024


ARCADIA SFX LIMITED






































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ARCADIA SFX LIMITED
 


 
COMPANY INFORMATION


Directors
A M Gunn 
M V Gunn 




Registered number
06705738



Registered office
Lynton House
7-12 Tavistock Square

London

WC1H 9LT




Trading address
Avalon
34a Dalton Fold Road

Huddersfield

West Yorkshire

HD5 9NN






Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


ARCADIA SFX LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 6

 


ARCADIA SFX LIMITED
REGISTERED NUMBER:06705738



STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
3,000
6,000

  
3,000
6,000

Current assets
  

Debtors: amounts falling due within one year
 6 
1,226
70,024

Cash at bank and in hand
  
140,869
160,216

  
142,095
230,240

Creditors: amounts falling due within one year
 7 
(68,782)
(138,168)

Net current assets
  
 
 
73,313
 
 
92,072

Total assets less current liabilities
  
76,313
98,072

  

Net assets
  
76,313
98,072


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
76,213
97,972

  
76,313
98,072


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

A M Gunn
Director

Date: 28 January 2025

The notes on pages 2 to 6 form part of these financial statements.
Page 1

 


ARCADIA SFX LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

Arcadia SFX Limited is a private company, limited by shares, registered in England and Wales, registration number 06705738. The registered office and principal place of business is stated on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 2

 


ARCADIA SFX LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

 
2.7

Intangible assets

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of Income and Retained Earnings over its useful economic life of ten years.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Plant and machinery
-
5
years
Motor vehicles
-
4
years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
Page 3

 


ARCADIA SFX LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Intangible assets




Goodwill

£



Cost


At 1 December 2023
75,000



At 30 November 2024

75,000



Amortisation


At 1 December 2023
75,000



At 30 November 2024

75,000



Net book value



At 30 November 2024
-



At 30 November 2023
-



Page 4

 


ARCADIA SFX LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 December 2023
7,563
37,155
44,718



At 30 November 2024

7,563
37,155
44,718



Depreciation


At 1 December 2023
7,563
31,155
38,718


Charge for the year on owned assets
-
3,000
3,000



At 30 November 2024

7,563
34,155
41,718



Net book value



At 30 November 2024
-
3,000
3,000



At 30 November 2023
-
6,000
6,000


6.


Debtors

2024
2023
£
£


Trade debtors
-
418

Other debtors
1,226
-

Prepayments and accrued income
-
69,606

1,226
70,024



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
3,314
15,000

Corporation tax
5,624
8,417

Other taxation and social security
-
26,246

Other creditors
55,444
38,553

Accruals and deferred income
4,400
49,952

68,782
138,168


Page 5

 


ARCADIA SFX LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

8.


Related party transactions

As at the balance sheet date, within other creditors there is a balance owed to the directors of £55,444 (2023- £38,553) by the company. The loan has been provided interest free and is repayable on demand. 

 
Page 6