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REGISTERED NUMBER: 09460487 (England and Wales)















Financial Statements for the Year Ended 27 February 2024

for

Arie Capital Limited

Arie Capital Limited (Registered number: 09460487)






Contents of the Financial Statements
for the Year Ended 27 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Arie Capital Limited

Company Information
for the Year Ended 27 February 2024







DIRECTORS: S H Margolis
S Tobelem





REGISTERED OFFICE: 115 Eastbourne Mews
London
W2 6LQ





REGISTERED NUMBER: 09460487 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Arie Capital Limited (Registered number: 09460487)

Balance Sheet
27 February 2024

27.2.24 27.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 2,179

CURRENT ASSETS
Debtors 5 656,290 663,148
Cash at bank and in hand 4,008 3,671
660,298 666,819
CREDITORS
Amounts falling due within one year 6 746,336 724,532
NET CURRENT LIABILITIES (86,038 ) (57,713 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(86,038

)

(55,534

)

CREDITORS
Amounts falling due after more than one
year

7

19,445

34,768
NET LIABILITIES (105,483 ) (90,302 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (105,485 ) (90,304 )
SHAREHOLDERS' FUNDS (105,483 ) (90,302 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 February 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.

Arie Capital Limited (Registered number: 09460487)

Balance Sheet - continued
27 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:





S H Margolis - Director


Arie Capital Limited (Registered number: 09460487)

Notes to the Financial Statements
for the Year Ended 27 February 2024

1. STATUTORY INFORMATION

Arie Capital Limited is a private company limited by shares. The registered office is 115 Eastbourne Mews, London, W2 6LQ.

The presentational and functional currency is pound sterling (£).

2. ACCOUNTING POLICIES

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

The directors have prepared the financial statements on a going concern basis, despite the net liability position.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover, derived from ordinary activities, represents sale of services and is shown net of VAT and recognised as the service is provided.

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 etc - 33% on cost

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Arie Capital Limited (Registered number: 09460487)

Notes to the Financial Statements - continued
for the Year Ended 27 February 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 28 February 2023
and 27 February 2024 8,322
DEPRECIATION
At 28 February 2023 6,143
Charge for year 2,179
At 27 February 2024 8,322
NET BOOK VALUE
At 27 February 2024 -
At 27 February 2023 2,179

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.24 27.2.23
£    £   
Trade debtors 23,296 23,296
Other debtors 632,994 639,852
656,290 663,148

Arie Capital Limited (Registered number: 09460487)

Notes to the Financial Statements - continued
for the Year Ended 27 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.2.24 27.2.23
£    £   
Bank loans and overdrafts 12,143 2,494
Trade creditors 194,050 192,531
Amounts owed to associates 67,255 62,111
Taxation and social security 46,514 43,397
Other creditors 426,374 423,999
746,336 724,532

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
27.2.24 27.2.23
£    £   
Bank loans 19,445 34,768

8. RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £405,344 (2023 £582,038 ) by companies under common control and owed £123,796 (2023 £110,457) to companies under common control. The loans are interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no controlling party.