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Company Registration No. 12581339 (England and Wales)
ARKWRIGHT LONDON LTD Unaudited accounts for the year ended 31 May 2024
ARKWRIGHT LONDON LTD Unaudited accounts Contents
Page
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ARKWRIGHT LONDON LTD Company Information for the year ended 31 May 2024
Director
Harald Lauritz Thorstein
Company Number
12581339 (England and Wales)
Registered Office
Profile West Suite 2 Floor 1 950 Great West Road Brentford TW8 9ES United Kingdom
Accountants
Majestic Accountants Limited Profile West, 950 Great West Road Suite 2, Floor 1 Brentford Middlesex TW8 9ES
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ARKWRIGHT LONDON LTD for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ARKWRIGHT LONDON LTD for the year ended 31 May 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Majestic Accountants Limited Chartered Accountants Profile West, 950 Great West Road Suite 2, Floor 1 Brentford Middlesex TW8 9ES 16 December 2024
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ARKWRIGHT LONDON LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
2,196,250 
2,196,250 
Current assets
Debtors
176,357 
100,100 
Cash at bank and in hand
19,400 
300,409 
195,757 
400,509 
Creditors: amounts falling due within one year
(7,588)
(134,866)
Net current assets
188,169 
265,643 
Total assets less current liabilities
2,384,419 
2,461,893 
Provisions for liabilities
Deferred tax
(384,856)
(384,856)
Net assets
1,999,563 
2,077,037 
Capital and reserves
Called up share capital
100 
100 
Capital redemption reserve
2,025,558 
2,025,558 
Profit and loss account
(26,095)
51,379 
Shareholders' funds
1,999,563 
2,077,037 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 December 2024 and were signed on its behalf by
Harald Lauritz Thorstein Director Company Registration No. 12581339
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ARKWRIGHT LONDON LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
ARKWRIGHT LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 12581339. The registered office is Profile West Suite 2, Floor 1, 950 Great West Road, Brentford, TW8 9ES, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 May 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
has been depreciated using the straight line method over 3 years.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
7,719 
At 31 May 2024
7,719 
Depreciation
At 1 June 2023
7,719 
At 31 May 2024
7,719 
Net book value
At 31 May 2024
- 
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ARKWRIGHT LONDON LTD Notes to the Accounts for the year ended 31 May 2024
5
Investments
Other investments 
£ 
Valuation at 1 June 2023
2,196,250 
Valuation at 31 May 2024
2,196,250 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
176,357 
100,100 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
127,021 
Other creditors
- 
257 
Loans from directors
7,588 
7,588 
7,588 
134,866 
8
Average number of employees
During the year the average number of employees was 1 (2023: 3).
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