Company Registration No. 09209859 (England and Wales)
WE ARE ARISE LTD
Unaudited accounts
for the year ended 28 February 2025
WE ARE ARISE LTD
Unaudited accounts
Contents
WE ARE ARISE LTD
Company Information
for the year ended 28 February 2025
Company Number
09209859 (England and Wales)
Registered Office
The Workstation
15 Paternoster Row
Sheffield, South Yorkshire
England
S1 2BX
England
Accountants
D&K Accounting Ltd
Beehive Offices
Bawtry Hall
Bawtry
DN10 6JH
WE ARE ARISE LTD
Statement of financial position
as at 28 February 2025
Tangible assets
1,232
1,540
Cash at bank and in hand
41,869
42,777
Creditors: amounts falling due within one year
(62,751)
(50,488)
Net current assets
7,637
12,945
Called up share capital
1
1
Profit and loss account
8,868
14,484
Shareholders' funds
8,869
14,485
For the year ending 28 February 2025 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 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 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 5 April 2025 and were signed on its behalf by
Ben Walker
Director
Company Registration No. 09209859
WE ARE ARISE LTD
Notes to the Accounts
for the year ended 28 February 2025
WE ARE ARISE LTD is a private company, limited by shares, registered in England and Wales, registration number 09209859. The registered office is The Workstation, 15 Paternoster Row, Sheffield, South Yorkshire, England, S1 2BX, England.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortization.
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:
Computer equipment
20% Reducing Balance Method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Intangible fixed assets
Goodwill
At 28 February 2025
20,000
At 28 February 2025
20,000
WE ARE ARISE LTD
Notes to the Accounts
for the year ended 28 February 2025
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
28,519
20,656
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,979
3,403
Taxes and social security
13,779
8,183
Other creditors
26,248
25,045
Loans from directors
810
1,579
8
Operating lease commitments
2025
2024
At 28 February 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
3,520
-
Later than one year and not later than five years
10,890
-
9
Average number of employees
During the year the average number of employees was 7 (2024: 5).