1 June 2023 false No description of principal activity Taxfiler 2024.6 10223959business:PrivateLimitedCompanyLtd2023-06-012024-08-31 102239592023-05-31 102239592023-06-012024-08-31 10223959business:AuditExemptWithAccountantsReport2023-06-012024-08-31 10223959business:FilletedAccounts2023-06-012024-08-31 102239592024-08-31 10223959business:Director12023-06-012024-08-31 10223959business:Director22023-06-012024-08-31 10223959business:Director32023-06-012024-08-31 10223959business:RegisteredOffice2023-06-012024-08-31 102239592023-05-31 10223959core:WithinOneYear2024-08-31 10223959core:WithinOneYear2023-05-31 10223959core:AfterOneYear2024-08-31 10223959core:AfterOneYear2023-05-31 10223959core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 10223959core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 10223959core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 10223959core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 10223959core:PreviouslyStatedAmount2024-08-31 10223959core:PreviouslyStatedAmount2023-05-31 10223959business:SmallEntities2023-06-012024-08-31 10223959countries:EnglandWales2023-06-012024-08-31 10223959core:PlantMachinery2023-06-012024-08-31 10223959core:FurnitureFittings2023-06-012024-08-31 10223959core:ComputerEquipment2023-06-012024-08-31 10223959core:PlantMachinery2023-05-31 10223959core:FurnitureFittings2023-05-31 10223959core:ComputerEquipment2023-05-31 10223959core:PlantMachinery2024-08-31 10223959core:FurnitureFittings2024-08-31 10223959core:ComputerEquipment2024-08-31 10223959core:WithinOneYear2023-06-012024-08-31 10223959core:AcceleratedTaxDepreciationDeferredTax2024-08-31 10223959core:AcceleratedTaxDepreciationDeferredTax2023-05-31 102239592022-05-31 102239592022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 10223959 (England and Wales)
ARK Group Of Companies Ltd Unaudited accounts for the period from 1 June 2023 to 31 August 2024
ARK Group Of Companies Ltd Unaudited accounts Contents
Page
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ARK Group Of Companies Ltd Company Information for the period from 1 June 2023 to 31 August 2024
Directors
Gary Moseley Franck De Bruyne Steven Auld
Company Number
10223959 (England and Wales)
Registered Office
Scell-It Unit 7 Beacon Business Park, Beacon Way Stafford Staffordshire ST18 0DG England
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ARK Group Of Companies Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,774 
14,144 
Current assets
Inventories
1,651,301 
1,850,280 
Debtors
402,504 
246,719 
Cash at bank and in hand
31 
5,966 
2,053,836 
2,102,965 
Creditors: amounts falling due within one year
(1,307,290)
(1,839,224)
Net current assets
746,546 
263,741 
Total assets less current liabilities
762,320 
277,885 
Creditors: amounts falling due after more than one year
(245,232)
(104,166)
Provisions for liabilities
Deferred tax
(3,944)
(3,536)
Net assets
513,144 
170,183 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
513,143 
170,182 
Shareholders' funds
513,144 
170,183 
For the period ending 31 August 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 17 October 2024 and were signed on its behalf by
Steven Auld Director Company Registration No. 10223959
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ARK Group Of Companies Ltd Notes to the Accounts for the period from 1 June 2023 to 31 August 2024
1
Statutory information
ARK Group Of Companies Ltd is a private company, limited by shares, registered in England and Wales, registration number 10223959. The registered office is Scell-It, Unit 7, Beacon Business Park, Beacon Way, Stafford, Staffordshire, ST18 0DG, England.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
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.
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 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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
33% Reducing Balance
Computer equipment
33% Reducing Balance
Stock
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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ARK Group Of Companies Ltd Notes to the Accounts for the period from 1 June 2023 to 31 August 2024
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
9,463 
- 
21,935 
31,398 
Additions
5,802 
1,350 
1,755 
8,907 
At 31 August 2024
15,265 
1,350 
23,690 
40,305 
Depreciation
At 1 June 2023
4,082 
- 
13,172 
17,254 
Charge for the period
2,332 
563 
4,382 
7,277 
At 31 August 2024
6,414 
563 
17,554 
24,531 
Net book value
At 31 August 2024
8,851 
787 
6,136 
15,774 
At 31 May 2023
5,381 
- 
8,763 
14,144 
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ARK Group Of Companies Ltd Notes to the Accounts for the period from 1 June 2023 to 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
66,047 
- 
Trade debtors
40,754 
- 
Accrued income and prepayments
5,189 
1,939 
Other debtors
- 
244,780 
111,990 
246,719 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
290,514 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
31,121 
92,916 
VAT
- 
119,230 
Trade creditors
1,174,078 
854,494 
Taxes and social security
101,091 
22,881 
Other creditors
- 
747,778 
Accruals
1,000 
1,925 
1,307,290 
1,839,224 
The bank loans and overdraft are secured with a fixed and floating charge over the company.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
33,680 
104,166 
Amounts owed to group undertakings and other participating interests
211,552 
- 
245,232 
104,166 
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
3,944 
3,536 
2024 
2023 
£ 
£ 
Provision at start of period
3,536 
3,536 
Charged to the profit and loss account
408 
- 
Provision at end of period
3,944 
3,536 
9
Controlling party
The company is a 100% owned subsidiary of Scell-it (UK) Group Limited whose Registered Office is Unit 7 Beacon Business Park, Beacon Way, Stafford, ST18 0DG.
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ARK Group Of Companies Ltd Notes to the Accounts for the period from 1 June 2023 to 31 August 2024
10
Average number of employees
During the period the average number of employees was 0 (2023: 0).
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