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Company Registration No. 10177228 (England and Wales)
ARIISE LTD Unaudited accounts for the year ended 31 May 2024
ARIISE LTD Unaudited accounts Contents
Page
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ARIISE LTD Company Information for the year ended 31 May 2024
Directors
Fabion Wasarirevu Lynn Wasarirevu
Company Number
10177228 (England and Wales)
Registered Office
30 Ashford Street Stoke-On-Trent ST4 2EH UNITED KINGDOM
Accountants
Fortune Tax Accountants Ltd Derwent House 42-46 Waterloo road Wolverhampton West Midlands WV1 4XB
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ARIISE LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,789 
18,035 
Current assets
Cash at bank and in hand
282 
24,656 
Creditors: amounts falling due within one year
(117,931)
(16,917)
Net current (liabilities)/assets
(117,649)
7,739 
Total assets less current liabilities
(102,860)
25,774 
Creditors: amounts falling due after more than one year
(85,511)
(18,462)
Net (liabilities)/assets
(188,371)
7,312 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(188,471)
7,212 
Shareholders' funds
(188,371)
7,312 
For the year ending 31 May 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 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 of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by
Fabion Wasarirevu Director Company Registration No. 10177228
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ARIISE LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
ARIISE LTD is a private company, limited by shares, registered in England and Wales, registration number 10177228. The registered office is 30 Ashford Street, Stoke-On-Trent, ST4 2EH, UNITED KINGDOM.
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:
Motor vehicles
Diminishing method at 18%
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
22,079 
3,294 
25,373 
At 31 May 2024
22,079 
3,294 
25,373 
Depreciation
At 1 June 2023
6,746 
592 
7,338 
Charge for the year
2,760 
486 
3,246 
At 31 May 2024
9,506 
1,078 
10,584 
Net book value
At 31 May 2024
12,573 
2,216 
14,789 
At 31 May 2023
15,333 
2,702 
18,035 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
95,436 
56,258 
Other creditors
22,495 
- 
Loans from directors
- 
(39,341)
117,931 
16,917 
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ARIISE LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,564 
18,462 
Loans from directors
72,947 
- 
85,511 
18,462 
7
Average number of employees
During the year the average number of employees was 28 (2023: 28).
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