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Company Registration No. 07145739 (England and Wales)
Arena Global Management Ltd. Unaudited accounts for the year ended 31 May 2024
Arena Global Management Ltd. Unaudited accounts Contents
Page
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Arena Global Management Ltd. Company Information for the year ended 31 May 2024
Director
J C White
Company Number
07145739 (England and Wales)
Registered Office
STUDIO 160, 3 EDGAR BUILDINGS, GEORGE ST GEORGE STREET BATH SOMERSET BA1 2FJ ENGLAND
Accountants
IFS4B Ltd 8 Pitts Croft Neston Corsham Wiltshire SN13 9ST
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Arena Global Management Ltd. Accountants' report
Accountants' report to the director of Arena Global Management Ltd. on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Arena Global Management Ltd. for the year ended 31 May 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Arena Global Management Ltd., as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Arena Global Management Ltd. and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Arena Global Management Ltd. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Arena Global Management Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Arena Global Management Ltd.. You consider that Arena Global Management Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Arena Global Management Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
IFS4B Ltd 8 Pitts Croft Neston Corsham Wiltshire SN13 9ST 31 January 2025
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Arena Global Management Ltd. Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
52,136 
64,037 
Current assets
Inventories
30,000 
35,000 
Debtors
68,954 
28,146 
Cash at bank and in hand
59,166 
34,754 
158,120 
97,900 
Creditors: amounts falling due within one year
(168,225)
(101,834)
Net current liabilities
(10,105)
(3,934)
Total assets less current liabilities
42,031 
60,103 
Creditors: amounts falling due after more than one year
(35,226)
(55,840)
Net assets
6,805 
4,263 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
6,802 
4,260 
Shareholders' funds
6,805 
4,263 
For the year ending 31 May 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 31 January 2025 and were signed on its behalf by
J C White Director Company Registration No. 07145739
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Arena Global Management Ltd. Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Arena Global Management Ltd. is a private company, limited by shares, registered in England and Wales, registration number 07145739. The registered office is STUDIO 160, 3 EDGAR BUILDINGS, GEORGE ST, GEORGE STREET, BATH, SOMERSET, BA1 2FJ, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
3 years
Fixtures & fittings
3 years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
14,014 
73,969 
23,561 
111,544 
Additions
570 
- 
5,253 
5,823 
At 31 May 2024
14,584 
73,969 
28,814 
117,367 
Depreciation
At 1 June 2023
14,014 
15,921 
17,572 
47,507 
Charge for the year
570 
10,615 
6,539 
17,724 
At 31 May 2024
14,584 
26,536 
24,111 
65,231 
Net book value
At 31 May 2024
- 
47,433 
4,703 
52,136 
At 31 May 2023
- 
58,048 
5,989 
64,037 
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Arena Global Management Ltd. Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
64,966 
27,458 
Other debtors
3,988 
688 
68,954 
28,146 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
33,401 
17,837 
Obligations under finance leases and hire purchase contracts
10,614 
10,614 
Trade creditors
80,748 
10,640 
Taxes and social security
2,300 
10,326 
Loans from directors
31,162 
42,417 
168,225 
101,834 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,657 
19,657 
Obligations under finance leases and hire purchase contracts
25,569 
36,183 
35,226 
55,840 
8
Average number of employees
During the year the average number of employees was 10 (2023: 8).
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