Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-019The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseArchitects and surveyors9truetruefalse 05087012 2023-07-01 2024-06-30 05087012 2022-07-01 2023-06-30 05087012 2024-06-30 05087012 2023-06-30 05087012 c:Director1 2023-07-01 2024-06-30 05087012 d:MotorVehicles 2023-07-01 2024-06-30 05087012 d:FurnitureFittings 2023-07-01 2024-06-30 05087012 d:ComputerEquipment 2023-07-01 2024-06-30 05087012 d:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 05087012 d:OtherPropertyPlantEquipment 2024-06-30 05087012 d:OtherPropertyPlantEquipment 2023-06-30 05087012 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 05087012 d:CurrentFinancialInstruments 2024-06-30 05087012 d:CurrentFinancialInstruments 2023-06-30 05087012 d:Non-currentFinancialInstruments 2024-06-30 05087012 d:Non-currentFinancialInstruments 2023-06-30 05087012 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 05087012 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05087012 d:ShareCapital 2024-06-30 05087012 d:ShareCapital 2023-06-30 05087012 d:CapitalRedemptionReserve 2024-06-30 05087012 d:CapitalRedemptionReserve 2023-06-30 05087012 d:RetainedEarningsAccumulatedLosses 2024-06-30 05087012 d:RetainedEarningsAccumulatedLosses 2023-06-30 05087012 c:FRS102 2023-07-01 2024-06-30 05087012 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05087012 c:FullAccounts 2023-07-01 2024-06-30 05087012 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05087012 d:WithinOneYear 2024-06-30 05087012 d:WithinOneYear 2023-06-30 05087012 d:BetweenOneFiveYears 2024-06-30 05087012 d:BetweenOneFiveYears 2023-06-30 05087012 2 2023-07-01 2024-06-30 05087012 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 05087012 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 05087012 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 05087012






ARCADY ARCHITECTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










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ARCADY ARCHITECTS LIMITED
REGISTERED NUMBER:05087012

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
54,490
32,971

  
54,490
32,971

Current assets
  

Debtors
 5 
93,664
79,975

Cash at bank and in hand
 6 
124,869
135,967

  
218,533
215,942

Creditors: amounts falling due within one year
 7 
(53,431)
(57,741)

Net current assets
  
 
 
165,102
 
 
158,201

Total assets less current liabilities
  
219,592
191,172

Provisions for liabilities
  

Deferred tax
 8 
(13,623)
(8,243)

  
 
 
(13,623)
 
 
(8,243)

Net assets
  
205,969
182,929


Capital and reserves
  

Called up share capital 
  
100
100

Capital redemption reserve
  
200
200

Profit and loss account
  
205,669
182,629

  
205,969
182,929

Page 1

 
ARCADY ARCHITECTS LIMITED
REGISTERED NUMBER:05087012
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

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: 




J J Crisp
Director

Date: 19 January 2025

Page 2

 
ARCADY ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Arcady Architects Limited is a private company limited by shares, incorporated in England and Wales. Its registered office is Millhouse, 32-38 East Street, Rochford, Essex SS4 1DB.
The principal activity of the company continued to be that of architects and surveyors.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

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.

Page 3

 
ARCADY ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25% reducing balance
Fixtures & fittings
-
25% reducing balance
Computer equipment
-
33% reducing balance

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.

 
2.4

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.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term 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.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.8

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 4

 
ARCADY ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.9

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 Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Deferred tax liabilities are also presented within provisions but are measured in accordance with the accounting policy on taxation.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 5

 
ARCADY ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2023 -9).


4.


Tangible fixed assets





Other fixed assets

£



Cost or valuation


At 1 July 2023
103,069


Additions
43,430


Disposals
(32,373)



At 30 June 2024

114,126



Depreciation


At 1 July 2023
70,098


Charge for the year on owned assets
6,230


Disposals
(16,692)



At 30 June 2024

59,636



Net book value



At 30 June 2024
54,490



At 30 June 2023
32,971

Page 6

 
ARCADY ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
3,800
3,800

3,800
3,800

Due within one year

Trade debtors
81,337
72,161

Prepayments and accrued income
8,527
4,014

93,664
79,975



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
124,869
135,967

124,869
135,967



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
8,084
1,051

Other taxation and social security
41,181
51,702

Other creditors
658
2,281

Accruals and deferred income
3,508
2,707

53,431
57,741


Page 7

 
ARCADY ARCHITECTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Deferred taxation




2024


£






At beginning of year
8,243


Charged to profit or loss
5,380



At end of year
13,623

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
13,623
8,243

13,623
8,243


9.


Pension commitments

The company contributes to defined contributions pension schemes. The assets of the schemes are held separately from those of the company in independently administered funds. The pension cost charge represents contributions payable by the company to these funds and amounted to £6,696 (2023: £5,783).
Contributions totalling £Nil (2023: £1,325) were payable to the fund at the balance sheet date and are included in creditors.


10.


Commitments under operating leases

At 30 June 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
11,102
-

Later than 1 year and not later than 5 years
15,727
-

26,829
-

 
Page 8