Company Registration No. 08833420 (England and Wales)
Mr Arkwright's Tool Emporium Ltd
Unaudited accounts
for the year ended 30 June 2024
Mr Arkwright's Tool Emporium Ltd
Unaudited accounts
Contents
Mr Arkwright's Tool Emporium Ltd
Company Information
for the year ended 30 June 2024
Director
Mrs Diljinder Nahal
Company Number
08833420 (England and Wales)
Registered Office
2A Cheltenham Parade
Harrogate
North Yorkshire
HG1 1DA
Accountants
MGW Tax Services Ltd
124 City Road
London
EC1V 2NX
Mr Arkwright's Tool Emporium Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
11,084
8,379
Cash at bank and in hand
54,932
68,551
Creditors: amounts falling due within one year
(53,077)
(56,900)
Net current assets
31,923
41,651
Called up share capital
2
2
Profit and loss account
43,005
50,028
Shareholders' funds
43,007
50,030
For the year ending 30 June 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 her 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 28 March 2025 and were signed on its behalf by
Mrs Diljinder Nahal
Director
Company Registration No. 08833420
Mr Arkwright's Tool Emporium Ltd
Notes to the Accounts
for the year ended 30 June 2024
Mr Arkwright's Tool Emporium Ltd is a private company, limited by shares, registered in England and Wales, registration number 08833420. The registered office is 2A Cheltenham Parade, Harrogate, North Yorkshire, HG1 1DA.
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:
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
-
13,906
84
13,990
Additions
4,249
-
2,150
6,399
At 30 June 2024
4,249
13,906
2,234
20,389
At 1 July 2023
-
5,562
49
5,611
Charge for the year
1,062
2,086
546
3,694
At 30 June 2024
1,062
7,648
595
9,305
At 30 June 2024
3,187
6,258
1,639
11,084
At 30 June 2023
-
8,344
35
8,379
Amounts falling due within one year
Accrued income and prepayments
68
-
Mr Arkwright's Tool Emporium Ltd
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,961
9,349
Trade creditors
19,073
31,863
Taxes and social security
3,976
3,924
Other creditors
2,804
1,945
Loans from directors
1,741
3,791
7
Average number of employees
During the year the average number of employees was 5 (2023: 4).