Company No:
Contents
DIRECTOR | Adrian Paul Rudd |
REGISTERED OFFICE | Hemplands Church Road |
Westhorpe | |
Stowmarket | |
IP14 4SU | |
United Kingdom |
COMPANY NUMBER | 07482801 (England and Wales) |
CHARTERED ACCOUNTANTS | Gascoynes |
Gascoyne House | |
Moseleys Farm Business Centre | |
Fornham All Saints | |
Bury St Edmunds | |
Suffolk | |
IP28 6JY |
Note | 2025 | 2024 | ||
£ | £ | |||
Fixed assets | ||||
Tangible assets | 3 |
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Investment property | 4 |
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402,765 | 419,835 | |||
Current assets | ||||
Stocks | 5 |
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Debtors | 6 |
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Cash at bank and in hand |
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431,032 | 427,318 | |||
Creditors: amounts falling due within one year | 7 | (
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Net current assets | 408,444 | 392,296 | ||
Total assets less current liabilities | 811,209 | 812,131 | ||
Provision for liabilities | 8 | (
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Net assets |
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Capital and reserves | ||||
Called-up share capital | 9 |
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Profit and loss account |
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Total shareholders' funds |
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Director's responsibilities:
The financial statements of ARMS Consulting Limited (registered number:
Adrian Paul Rudd
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
ARMS Consulting Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hemplands Church Road, Westhorpe, Stowmarket, IP14 4SU, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Plant and machinery etc. |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.
2025 | 2024 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 01 February 2024 |
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Additions |
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At 31 January 2025 |
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Accumulated depreciation | |||
At 01 February 2024 |
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Charge for the financial year |
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At 31 January 2025 |
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Net book value | |||
At 31 January 2025 |
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At 31 January 2024 |
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Investment property | |
£ | |
Valuation | |
As at 01 February 2024 |
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Fair value movement | (18,046) |
As at 31 January 2025 |
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Valuation
Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.
Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss.
Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The fair value is determined annually by the director, on an open market value for existing use basis.’
Historic cost
If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:
2025 | 2024 | ||
£ | £ | ||
Historic cost | 332,174 | 332,174 |
2025 | 2024 | ||
£ | £ | ||
Stocks |
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2025 | 2024 | ||
£ | £ | ||
Trade debtors |
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Other debtors |
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2025 | 2024 | ||
£ | £ | ||
Taxation and social security |
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Other creditors |
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2025 | 2024 | ||
£ | £ | ||
Deferred tax |
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2025 | 2024 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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