Company Registration No. 14229118 (England and Wales)
Bright Arches Ltd
Unaudited accounts
for the year ended 31 December 2024
Bright Arches Ltd
Unaudited accounts
Contents
Bright Arches Ltd
Company Information
for the year ended 31 December 2024
Directors
V O'Connor
P Connor
Company Number
14229118 (England and Wales)
Registered Office
1st Floor Waterfront One
Waterfront Business Park
Brierley Hill
West Midlands
DY5 1LX
Bright Arches Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
26,770
14,726
Cash at bank and in hand
670,164
658,780
Creditors: amounts falling due within one year
(456,872)
(481,554)
Net current assets
269,698
208,616
Net assets
297,718
224,592
Called up share capital
100
100
Profit and loss account
297,618
224,492
Shareholders' funds
297,718
224,592
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by
V O'Connor
Director
Company Registration No. 14229118
Bright Arches Ltd
Notes to the Accounts
for the year ended 31 December 2024
Bright Arches Ltd is a private company, limited by shares, registered in England and Wales, registration number 14229118. The registered office is 1st Floor Waterfront One, Waterfront Business Park, Brierley Hill, West Midlands, DY5 1LX.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
- straight line over seven years
Fixtures & fittings
- straight line over five years
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
15,698
505
16,203
Additions
13,709
2,024
15,733
At 31 December 2024
29,407
2,529
31,936
At 1 January 2024
1,460
17
1,477
Charge for the year
3,533
156
3,689
At 31 December 2024
4,993
173
5,166
At 31 December 2024
24,414
2,356
26,770
At 31 December 2023
14,238
488
14,726
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Investments
Other investments
Valuation at 1 January 2024
1,250
Valuation at 31 December 2024
1,250
Bright Arches Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
16,237
7,498
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
127,561
112,587
Taxes and social security
37,227
72,389
Other creditors
47,387
50,154
Loans from directors
115,430
103,868
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Average number of employees
During the year the average number of employees was 110 (2023: 114).