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REGISTERED NUMBER: 11074606 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

ARROW CONVEYANCING LIMITED

ARROW CONVEYANCING LIMITED (REGISTERED NUMBER: 11074606)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARROW CONVEYANCING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: L Hathaway
J L Hathaway
H L Mcallister
A G Robinson





REGISTERED OFFICE: 41 Second Floor
Mansion House
41 Guildhall Lane
Leicester
LE1 5FQ





REGISTERED NUMBER: 11074606 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

ARROW CONVEYANCING LIMITED (REGISTERED NUMBER: 11074606)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,340 3,215

CURRENT ASSETS
Debtors 5 946,674 710,287
Cash at bank 11 21,539
946,685 731,826
CREDITORS
Amounts falling due within one year 6 907,794 849,107
NET CURRENT ASSETS/(LIABILITIES) 38,891 (117,281 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,231

(114,066

)

CREDITORS
Amounts falling due after more than one
year

7

37,199

111,309
NET ASSETS/(LIABILITIES) 3,032 (225,375 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,932 (225,475 )
3,032 (225,375 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ARROW CONVEYANCING LIMITED (REGISTERED NUMBER: 11074606)

BALANCE SHEET - continued
31 JULY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:





L Hathaway - Director


ARROW CONVEYANCING LIMITED (REGISTERED NUMBER: 11074606)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Arrow Conveyancing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% per annum of cost

Taxation
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
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2023 - 63 ) .

ARROW CONVEYANCING LIMITED (REGISTERED NUMBER: 11074606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 276 5,517 5,793
DEPRECIATION
At 1 August 2023 57 2,521 2,578
Charge for year 55 1,820 1,875
At 31 July 2024 112 4,341 4,453
NET BOOK VALUE
At 31 July 2024 164 1,176 1,340
At 31 July 2023 219 2,996 3,215

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 3,323
Amounts recoverable on contract 714,550 495,000
Other debtors 232,124 211,964
946,674 710,287

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 193,006 207,650
Trade creditors 381,547 423,403
Amounts owed to group undertakings 53,441 50,397
Taxation and social security 224,657 14,818
Other creditors 55,143 152,839
907,794 849,107

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 37,199 111,309

ARROW CONVEYANCING LIMITED (REGISTERED NUMBER: 11074606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
L Hathaway
Balance outstanding at start of year 54,548 60,706
Amounts advanced 237,071 415,914
Amounts repaid (231,000 ) (422,072 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 60,619 54,548