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REGISTERED NUMBER: 05539784 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Arc Environmental Limited

Arc Environmental Limited (Registered number: 05539784)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Arc Environmental Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: D McGrath
J Ditchburn





REGISTERED OFFICE: Solum House
Unit 1 Elliott Court
St John's Road
Meadowfield
Co Durham
DH7 8PN





REGISTERED NUMBER: 05539784 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
Kepier House
Belmont Business Park
Durham
DH1 1TW

Arc Environmental Limited (Registered number: 05539784)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible fixed assets 4 216,549 15,332

CURRENT ASSETS
Debtors 5 471,856 864,108
Cash at bank 811,019 415,173
1,282,875 1,279,281
CREDITORS
Amounts falling due within one year 6 481,546 583,094
NET CURRENT ASSETS 801,329 696,187
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,017,878

711,519

CREDITORS
Amounts falling due after more than one
year

7

(153,808

)

-

PROVISIONS FOR LIABILITIES 10 (42,786 ) (3,427 )
NET ASSETS 821,284 708,092

CAPITAL AND RESERVES
Called up share capital 11 400 400
Retained earnings 820,884 707,692
SHAREHOLDERS' FUNDS 821,284 708,092

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Arc Environmental Limited (Registered number: 05539784)

Balance Sheet - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2024 and were signed on its behalf by:





D McGrath - Director


Arc Environmental Limited (Registered number: 05539784)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Arc Environmental Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes after adjusting for work in progress.

Income recognition
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Office equipment - 25% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and impairment.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Arc Environmental Limited (Registered number: 05539784)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Amounts recoverable on contracts
Amounts recoverable on contracts are valued at the lower of cost and net realisable value.

Cost includes all direct expenditure in bringing projects to their present state of completion. Profit on contracts is taken as the work is carried out if the final outcome can be assessed with reasonable accuracy. The profit included is calculated on a prudent basis to reflect the proportion of the work carried out at the year end, by recording turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs incurred to date bear to total expected costs for that contract. Revenues derived from variations on contracts are recognised only when they have been accepted by the customer.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 16 ) .

Arc Environmental Limited (Registered number: 05539784)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Office
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 36,733 8,323 21,276 19,301 85,633
Additions 5,794 - 251,705 156 257,655
Disposals - - (21,276 ) - (21,276 )
At 30 September 2024 42,527 8,323 251,705 19,457 322,012
DEPRECIATION
At 1 October 2023 25,487 8,229 21,276 15,309 70,301
Charge for year 3,359 66 50,589 2,424 56,438
Eliminated on disposal - - (21,276 ) - (21,276 )
At 30 September 2024 28,846 8,295 50,589 17,733 105,463
NET BOOK VALUE
At 30 September 2024 13,681 28 201,116 1,724 216,549
At 30 September 2023 11,246 94 - 3,992 15,332

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 418,135 658,459
Amounts recoverable on contracts 35,393 185,339
Prepayments and accrued income 18,328 20,310
471,856 864,108

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 26,813 -
Trade creditors 99,990 202,383
Amounts owed to group undertakings 93,911 103,570
Taxation and social security 196,063 237,464
Other creditors 26,945 6,627
Accruals and deferred income 37,824 33,050
481,546 583,094

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 153,808 -

Arc Environmental Limited (Registered number: 05539784)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 26,813 -
Between one and five years 153,808 -
180,621 -

Non-cancellable operating leases
2024 2023
£    £   
Within one year 56,356 31,193
Between one and five years 71,118 36,595
127,474 67,788

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 180,621 -

Hire purchase contracts are secured on the assets to which they relate.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 42,786 3,427

Deferred
tax
£   
Balance at 1 October 2023 3,427
Accelerated capital allowances 39,359
Balance at 30 September 2024 42,786

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
400 Ordinary £1 400 400

Arc Environmental Limited (Registered number: 05539784)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

12. ULTIMATE PARENT COMPANY

The ultimate parent company is Arc Environmental Holdings Limited, their registered office address is Arc Environmental Holdings Limited, Solum House, Unit 1 Elliott Court, St Johns Road, Meadowfield, County Durham, DH7 8PN.