Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12173870 Mr Yu-Chih Chen Mr Yu-Chih Chen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12173870 2023-08-31 12173870 2024-08-31 12173870 2023-09-01 2024-08-31 12173870 frs-core:CurrentFinancialInstruments 2024-08-31 12173870 frs-core:ShareCapital 2024-08-31 12173870 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12173870 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12173870 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12173870 frs-bus:SmallEntities 2023-09-01 2024-08-31 12173870 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12173870 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12173870 frs-bus:Director1 2023-09-01 2024-08-31 12173870 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 12173870 frs-countries:EnglandWales 2023-09-01 2024-08-31 12173870 2022-08-31 12173870 2023-08-31 12173870 2022-09-01 2023-08-31 12173870 frs-core:CurrentFinancialInstruments 2023-08-31 12173870 frs-core:ShareCapital 2023-08-31 12173870 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12173870
ARCHES LIMITED
Unaudited Financial Statements
For The Year Ended 31 August 2024
Ecommerce Accountants LLP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12173870
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 - 55,598
Debtors 5 55,270 25,213
Cash at bank and in hand 22,613 26,223
77,883 107,034
Creditors: Amounts Falling Due Within One Year 6 (139,044 ) (135,901 )
NET CURRENT ASSETS (LIABILITIES) (61,161 ) (28,867 )
TOTAL ASSETS LESS CURRENT LIABILITIES (61,161 ) (28,867 )
NET LIABILITIES (61,161 ) (28,867 )
CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Profit and Loss Account (71,161 ) (38,867 )
SHAREHOLDERS' FUNDS (61,161) (28,867)
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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 Yu-Chih Chen
Director
27/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
ARCHES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12173870 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

The presentation currency of the financial statements is the Pound Sterling (£).
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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. 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.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.6. Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising
from impairment are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Stocks
2024 2023
£ £
Finished goods - 55,598
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 20 13,681
Other debtors 55,250 11,532
55,270 25,213
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 88,492 117,860
Other loans - 9,241
Other creditors 1,248 936
Taxation and social security 49,304 7,864
139,044 135,901
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10,000 10,000
8. Related Party Transactions
At the balance sheet date, the company owes £88,392 (2023 - £117,859) to Axe Developments Limited, a company incorporated in Taiwan in which Mr Y. Chen is also a director.
Page 3