Company Registration No. 11200948 (England and Wales)
ARFT LIMITED
Unaudited accounts
for the year ended 29 February 2024
ARFT LIMITED
Unaudited accounts
Contents
ARFT LIMITED
Company Information
for the year ended 29 February 2024
Company Number
11200948 (England and Wales)
Registered Office
321-323 Office
Romford
RM6 6AX
ARFT LIMITED
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
4,688
6,847
Creditors: amounts falling due within one year
(726)
(535)
Net current assets
14,310
15,076
Total assets less current liabilities
15,081
17,445
Creditors: amounts falling due after more than one year
(9,757)
(11,616)
Called up share capital
5,000
5,000
Profit and loss account
324
829
Shareholders' funds
5,324
5,829
For the year ending 29 February 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 21 February 2025 and were signed on its behalf by
Arun GUPTA
Director
Company Registration No. 11200948
ARFT LIMITED
Notes to the Accounts
for the year ended 29 February 2024
ARFT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11200948. The registered office is 321-323 Office, Romford, RM6 6AX.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
2,194
9,470
1,738
13,402
At 29 February 2024
2,194
9,470
2,766
14,430
At 1 March 2023
2,194
7,101
1,738
11,033
Charge for the year
-
2,369
257
2,626
At 29 February 2024
2,194
9,470
1,995
13,659
At 29 February 2024
-
-
771
771
At 28 February 2023
-
2,369
-
2,369
Amounts falling due within one year
Accrued income and prepayments
4,421
6,126
ARFT LIMITED
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
726
535
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).