Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-312023-06-01No description of principal activityfalse11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10779383 2023-06-01 2024-05-31 10779383 2022-06-01 2023-05-31 10779383 2024-05-31 10779383 2023-05-31 10779383 c:Director1 2023-06-01 2024-05-31 10779383 d:PlantMachinery 2023-06-01 2024-05-31 10779383 d:PlantMachinery 2024-05-31 10779383 d:PlantMachinery 2023-05-31 10779383 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10779383 d:MotorVehicles 2023-06-01 2024-05-31 10779383 d:MotorVehicles 2024-05-31 10779383 d:MotorVehicles 2023-05-31 10779383 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10779383 d:ComputerEquipment 2023-06-01 2024-05-31 10779383 d:ComputerEquipment 2024-05-31 10779383 d:ComputerEquipment 2023-05-31 10779383 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10779383 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 10779383 d:CurrentFinancialInstruments 2024-05-31 10779383 d:CurrentFinancialInstruments 2023-05-31 10779383 d:Non-currentFinancialInstruments 2024-05-31 10779383 d:Non-currentFinancialInstruments 2023-05-31 10779383 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 10779383 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 10779383 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 10779383 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 10779383 d:ShareCapital 2024-05-31 10779383 d:ShareCapital 2023-05-31 10779383 d:RetainedEarningsAccumulatedLosses 2024-05-31 10779383 d:RetainedEarningsAccumulatedLosses 2023-05-31 10779383 c:FRS102 2023-06-01 2024-05-31 10779383 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10779383 c:FullAccounts 2023-06-01 2024-05-31 10779383 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10779383 d:AcceleratedTaxDepreciationDeferredTax 2024-05-31 10779383 d:AcceleratedTaxDepreciationDeferredTax 2023-05-31 10779383 2 2023-06-01 2024-05-31 10779383 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 10779383










ARCFORMS DESIGN & BUILD LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
ARCFORMS DESIGN & BUILD LIMITED
REGISTERED NUMBER: 10779383

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,618
6,367

  
4,618
6,367

Current assets
  

Stocks
  
-
406,273

Debtors: amounts falling due within one year
 5 
1,692
4,298

Cash at bank and in hand
  
197,101
2,470

  
198,793
413,041

Creditors: amounts falling due within one year
  
(62,936)
(19,473)

Net current assets
  
 
 
135,857
 
 
393,568

Total assets less current liabilities
  
140,475
399,935

Creditors: amounts falling due after more than one year
 6 
(17,485)
(417,709)

Provisions for liabilities
  

Deferred tax
 7 
(877)
(1,592)

  
 
 
(877)
 
 
(1,592)

Net assets/(liabilities)
  
122,113
(19,366)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
122,013
(19,466)

  
122,113
(19,366)


Page 1

 
ARCFORMS DESIGN & BUILD LIMITED
REGISTERED NUMBER: 10779383
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R W Houghton
Director

Date: 26 February 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ARCFORMS DESIGN & BUILD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Arcforms Design & Build Limited is a private company limited by shares and incorporated in England and Wales, registration number 10779383. The registered office is 4 Knaves Green, Wetheringsett, Suffolk, United Kingdom,IP145NN.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
ARCFORMS DESIGN & BUILD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
ARCFORMS DESIGN & BUILD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
straight line
Motor vehicles
-
25%
reducing balance
Computer equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
ARCFORMS DESIGN & BUILD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 June 2023
6,763
12,550
854
20,167



At 31 May 2024

6,763
12,550
854
20,167



Depreciation


At 1 June 2023
3,026
9,946
828
13,800


Charge for the year on owned assets
1,072
651
26
1,749



At 31 May 2024

4,098
10,597
854
15,549



Net book value



At 31 May 2024
2,665
1,953
-
4,618



At 31 May 2023
3,737
2,604
26
6,367

Page 6

 
ARCFORMS DESIGN & BUILD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Other debtors
1,692
1,642

Tax recoverable
-
2,656

1,692
4,298



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
17,485
21,088

Other loans
-
396,621

17,485
417,709


Other loans totalling £396,621 related to loans obtained for the development of land and property for sale. The company has reflected interest at the rate detailed in the respective loan agreements which has been repaid along with the principal amount following the sale of the development in the year ended 31 May 2024. 

Page 7

 
ARCFORMS DESIGN & BUILD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.


Deferred taxation




2024


£






At beginning of year
(1,592)


Charged to profit or loss
715



At end of year
(877)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(877)
(1,592)

(877)
(1,592)

 
Page 8