Company Registration No. 08296110 (England and Wales)
ARCHIPELAGO ONE LTD
Unaudited accounts
for the year ended 30 September 2024
ARCHIPELAGO ONE LTD
Unaudited accounts
Contents
ARCHIPELAGO ONE LTD
Company Information
for the year ended 30 September 2024
Directors
Benjamin Michel Vedrenne-Cloquet
Kakanang Chirdkiattisak
Company Number
08296110 (England and Wales)
Registered Office
13 ENGLEWOOD ROAD
LONDON
SW12 9PA
Accountants
Braant Ltd
20 to 22 Wenlock Road
London
N1 7GU
ARCHIPELAGO ONE LTD
Statement of financial position
as at 30 September 2024
Tangible assets
19,201
6,365
Investments
1,483,128
61,015
Cash at bank and in hand
725,269
1,024,268
Creditors: amounts falling due within one year
(264,002)
(79,317)
Net current assets
480,102
958,059
Total assets less current liabilities
1,982,431
1,025,439
Creditors: amounts falling due after more than one year
(969,426)
(328,146)
Net assets
1,013,005
697,293
Called up share capital
483,974
483,974
Profit and loss account
529,031
213,319
Shareholders' funds
1,013,005
697,293
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 6 February 2025 and were signed on its behalf by
Benjamin Michel Vedrenne-Cloquet
Director
Company Registration No. 08296110
ARCHIPELAGO ONE LTD
Notes to the Accounts
for the year ended 30 September 2024
ARCHIPELAGO ONE LTD is a private company, limited by shares, registered in England and Wales, registration number 08296110. The registered office is 13 ENGLEWOOD ROAD, LONDON, SW12 9PA.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33.33% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
6,098
4,489
12,616
23,203
Additions
-
17,904
-
17,904
At 30 September 2024
6,098
22,393
12,616
41,107
At 1 October 2023
2,667
2,991
11,180
16,838
Charge for the year
857
3,732
479
5,068
At 30 September 2024
3,524
6,723
11,659
21,906
At 30 September 2024
2,574
15,670
957
19,201
At 30 September 2023
3,431
1,498
1,436
6,365
ARCHIPELAGO ONE LTD
Notes to the Accounts
for the year ended 30 September 2024
5
Investments
Other investments
Valuation at 1 October 2023
61,015
Valuation at 30 September 2024
1,483,128
Amounts falling due within one year
Trade debtors
17,235
22,473
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
86,151
45,068
Taxes and social security
145,469
21,749
Loans from directors
19,882
-
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
328,146
328,146
Loans from directors
641,280
-
Aggregate of amounts that fall due for payment after five years
-
328,146
The other creditor balance comprises a loan from a shareholder, main terms of which are
- 9% yearly interest payable semiannually in advance
- unsecured loan with maturity 1st October 2030.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).