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REGISTERED NUMBER: 07091870 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Armillary Ltd

Armillary Ltd (Registered number: 07091870)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Armillary Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: C Connell
S Clark
C Tingley





REGISTERED OFFICE: 16 Cole Street
London
SE1 4YH





REGISTERED NUMBER: 07091870 (England and Wales)





ACCOUNTANTS: Millward, May & Co
The Overhangs
55a Peach Street
Wokingham
Berkshire
RG40 1XP

Armillary Ltd (Registered number: 07091870)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,401 27,916

CURRENT ASSETS
Debtors 5 178,411 209,434
Cash at bank 19,673 68,754
198,084 278,188
CREDITORS
Amounts falling due within one year 6 127,487 234,828
NET CURRENT ASSETS 70,597 43,360
TOTAL ASSETS LESS CURRENT LIABILITIES 91,998 71,276

PROVISIONS FOR LIABILITIES 5,158 5,304
NET ASSETS 86,840 65,972

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 86,830 65,962
86,840 65,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 14 February 2025 and were signed on its behalf by:





C Connell - Director


Armillary Ltd (Registered number: 07091870)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Armillary Ltd 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 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 5 year straight line
Computer equipment - 3 year straight line

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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

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 or the lease term, whichever is the shorter.

3. EMPLOYEES AND DIRECTORS

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

Armillary Ltd (Registered number: 07091870)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 31,577 2,055 33,632
Additions 510 - 510
At 31 December 2024 32,087 2,055 34,142
DEPRECIATION
At 1 January 2024 5,579 137 5,716
Charge for year 6,340 685 7,025
At 31 December 2024 11,919 822 12,741
NET BOOK VALUE
At 31 December 2024 20,168 1,233 21,401
At 31 December 2023 25,998 1,918 27,916

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 578 -
Other debtors 177,833 209,434
178,411 209,434

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 12,226 96,560
Taxation and social security 18,846 10,846
Other creditors 96,415 127,422
127,487 234,828

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 105,000 105,000
Between one and five years 369,000 420,000
In more than five years 166,500 220,500
640,500 745,500

Armillary Ltd (Registered number: 07091870)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. RELATED PARTY DISCLOSURES

During the period the directors maintained a loan account with the company. At the period end the Company owed the Directors £936 (2023 Directors owed the Company £5,800). This loan is interest free, repayable on demand and shown within other creditors.

During the period the company had transactions with a connected company. The companies are connected through the significant interest of the directors.

At the period end the company is owed a balance of £32,000 from Conjure Ltd. This balance is shown within other debtors.

For the period end 2023 the company was owed a balance of £NIL from connected parties.

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.24 31.12.23
value: £ £
10 Ordinary shares £1 - 10
4 Ordinary A shares £1 4 -
4 Ordinary B shares £1 4 -
2 Ordinary C shares £1 2 -
______ _______

10 10
_______ _______

The following shares were issued during the year for cash at par:
4 Ordinary A shares of £1
4 Ordinary B shares of £1
2 Ordinary C shares of £1