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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
Page
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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
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Mr Arkwright's Tool Emporium Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,084 
8,379 
Current assets
Inventories
30,000 
30,000 
Debtors
68 
- 
Cash at bank and in hand
54,932 
68,551 
85,000 
98,551 
Creditors: amounts falling due within one year
(53,077)
(56,900)
Net current assets
31,923 
41,651 
Net assets
43,007 
50,030 
Capital and reserves
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
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Mr Arkwright's Tool Emporium Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
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:
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 
Depreciation
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 
Net book value
At 30 June 2024
3,187 
6,258 
1,639 
11,084 
At 30 June 2023
- 
8,344 
35 
8,379 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
68 
- 
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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 
VAT
7,655 
4,259 
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 
Accruals
10,867 
1,769 
53,077 
56,900 
7
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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