Acorah Software Products - Accounts Production 16.2.850 false true false 14 July 2023 31 July 2024 31 July 2024 15004580 Mrs S Walton Mrs P Walton Mrs A L Walton Mr R G Walton Mr M B Walton Mr C M Walton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15004580 2023-07-13 15004580 2024-07-31 15004580 2023-07-14 2024-07-31 15004580 frs-core:CurrentFinancialInstruments 2024-07-31 15004580 frs-core:Non-currentFinancialInstruments 2024-07-31 15004580 frs-core:BetweenOneFiveYears 2024-07-31 15004580 frs-core:ComputerEquipment 2023-07-14 2024-07-31 15004580 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-07-31 15004580 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-07-14 2024-07-31 15004580 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-07-13 15004580 frs-core:FurnitureFittings 2024-07-31 15004580 frs-core:FurnitureFittings 2023-07-14 2024-07-31 15004580 frs-core:FurnitureFittings 2023-07-13 15004580 frs-core:NetGoodwill 2024-07-31 15004580 frs-core:NetGoodwill 2023-07-14 2024-07-31 15004580 frs-core:NetGoodwill 2023-07-13 15004580 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 15004580 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-14 2024-07-31 15004580 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-13 15004580 frs-core:MotorVehicles 2024-07-31 15004580 frs-core:MotorVehicles 2023-07-14 2024-07-31 15004580 frs-core:MotorVehicles 2023-07-13 15004580 frs-core:PlantMachinery 2024-07-31 15004580 frs-core:PlantMachinery 2023-07-14 2024-07-31 15004580 frs-core:PlantMachinery 2023-07-13 15004580 frs-core:WithinOneYear 2024-07-31 15004580 frs-core:CapitalRedemptionReserve 2024-07-31 15004580 frs-core:ShareCapital 2024-07-31 15004580 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 15004580 frs-bus:PrivateLimitedCompanyLtd 2023-07-14 2024-07-31 15004580 frs-bus:FilletedAccounts 2023-07-14 2024-07-31 15004580 frs-bus:SmallEntities 2023-07-14 2024-07-31 15004580 frs-bus:AuditExempt-NoAccountantsReport 2023-07-14 2024-07-31 15004580 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-14 2024-07-31 15004580 frs-bus:Director1 2023-07-14 2024-07-31 15004580 frs-bus:Director2 2023-07-14 2024-07-31 15004580 frs-bus:Director3 2023-07-14 2024-07-31 15004580 frs-bus:Director4 2023-07-14 2024-07-31 15004580 frs-bus:Director5 2023-07-14 2024-07-31 15004580 frs-bus:Director6 2023-07-14 2024-07-31 15004580 frs-countries:EnglandWales 2023-07-14 2024-07-31
Registered number: 15004580
Arkley Labels Trading Limited
Unaudited Financial Statements
For the Period 14 July 2023 to 31 July 2024
C&H Stedman
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 15004580
31 July 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 9
Tangible Assets 5 2,027,564
2,027,573
CURRENT ASSETS
Stocks 6 365,178
Debtors 7 290,512
Cash at bank and in hand 375,199
1,030,889
Creditors: Amounts Falling Due Within One Year 8 (624,174 )
NET CURRENT ASSETS (LIABILITIES) 406,715
TOTAL ASSETS LESS CURRENT LIABILITIES 2,434,288
Creditors: Amounts Falling Due After More Than One Year 9 (30,702 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,564 )
NET ASSETS 2,392,022
CAPITAL AND RESERVES
Called up share capital 11 7,950
Capital redemption reserve 2,319,714
Profit and Loss Account 64,358
SHAREHOLDERS' FUNDS 2,392,022
Page 1
Page 2
For the period ending 31 July 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr C M Walton
Director
9 April 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Arkley Labels Trading Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15004580 . The registered office is 32 Henry Road, New Barnet, Hertfordshire, EN4 8BD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on incorporation and the fair value of the separable net assets. Due to the small value currently it it is not being amortised.
2.4. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets arising on incorporation have been capitalised but due to the small value currently it it is not being amortised.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold n/a
Plant & Machinery 20% on cost
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 20% on cost
Computer Equipment 20% on cost
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The average number of employees during the year was 6
6
4. Intangible Assets
Goodwill Intellectual Property Total
£ £ £
Cost
As at 14 July 2023 - - -
Additions 1 8 9
As at 31 July 2024 1 8 9
Net Book Value
As at 31 July 2024 1 8 9
As at 14 July 2023 - - -
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 14 July 2023 - - - - -
Additions 1,900,000 45,536 90,290 37,364 2,073,190
Disposals - - (9,176 ) - (9,176 )
As at 31 July 2024 1,900,000 45,536 81,114 37,364 2,064,014
...CONTINUED
Page 4
Page 5
Depreciation
As at 14 July 2023 - - - - -
Provided during the period - 5,861 16,899 13,690 36,450
As at 31 July 2024 - 5,861 16,899 13,690 36,450
Net Book Value
As at 31 July 2024 1,900,000 39,675 64,215 23,674 2,027,564
As at 14 July 2023 - - - - -
6. Stocks
31 July 2024
£
Stock 365,178
7. Debtors
31 July 2024
£
Due within one year
Trade debtors 134,576
Amounts owed by group undertakings 94,543
Other debtors 61,393
290,512
8. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Net obligations under finance lease and hire purchase contracts 1,626
Trade creditors 97,574
Other creditors 473,543
Taxation and social security 51,431
624,174
9. Creditors: Amounts Falling Due After More Than One Year
31 July 2024
£
Net obligations under finance lease and hire purchase contracts 30,702
10. Obligations Under Finance Leases and Hire Purchase
31 July 2024
£
The future minimum finance lease payments are as follows:
Not later than one year 1,626
Later than one year and not later than five years 30,702
32,328
32,328
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11. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 7,950
Page 6