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Company Registration No. 12864591 (England and Wales)
Arwen AI Limited Unaudited accounts for the year ended 30 September 2024
Arwen AI Limited Unaudited accounts Contents
Page
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Arwen AI Limited Company Information for the year ended 30 September 2024
Directors
Matthew McGrory David Cole Paul Donald Richardson Robert Simon Lloyd Fox Joel Mark Bailey
Company Number
12864591 (England and Wales)
Registered Office
Unit 11 Riverside Park Industrial Estate Dogflud Way Farnham GU9 7UG GB
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Arwen AI Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,423 
7,135 
Current assets
Debtors
144,689 
155,286 
Cash at bank and in hand
170,504 
39,892 
315,193 
195,178 
Creditors: amounts falling due within one year
(288,667)
(180,793)
Net current assets
26,526 
14,385 
Total assets less current liabilities
36,949 
21,520 
Creditors: amounts falling due after more than one year
(356,446)
(127,147)
Net liabilities
(319,497)
(105,627)
Capital and reserves
Called up share capital
227 
207 
Share premium
1,953,474 
1,437,126 
Profit and loss account
(2,273,198)
(1,542,960)
Shareholders' funds
(319,497)
(105,627)
For the year ending 30 September 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 30 April 2025 and were signed on its behalf by
Matthew McGrory Director Company Registration No. 12864591
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Arwen AI Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Arwen AI Limited is a private company, limited by shares, registered in England and Wales, registration number 12864591. The registered office is Unit 11 Riverside Park Industrial Estate, Dogflud Way, Farnham, GU9 7UG, GB.
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
These financial statements for the year ended 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover
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.
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
25%
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Arwen AI Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2023
13,626 
Additions
7,218 
At 30 September 2024
20,844 
Depreciation
At 1 October 2023
6,491 
Charge for the year
3,930 
At 30 September 2024
10,421 
Net book value
At 30 September 2024
10,423 
At 30 September 2023
7,135 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
39,661 
55,909 
Accrued income and prepayments
101,678 
18,858 
Other debtors
3,350 
80,519 
144,689 
155,286 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
11,763 
13,477 
Trade creditors
(21,282)
31,022 
Taxes and social security
35,877 
45,323 
Other creditors
(96)
8,850 
Accruals
15,364 
3,196 
Deferred income
247,041 
78,925 
288,667 
180,793 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
356,446 
127,147 
8
Average number of employees
During the year the average number of employees was 11 (2023: 11).
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