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REGISTERED NUMBER: 09533707 (England and Wales)















R E ARNETT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2025






R E ARNETT LIMITED (REGISTERED NUMBER: 09533707)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


R E ARNETT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: M Backhouse
M D Fox





REGISTERED OFFICE: 8 Crossley Street
New Sharlston
Wakefield
West Yorkshire
WF4 1BG





REGISTERED NUMBER: 09533707 (England and Wales)






R E ARNETT LIMITED (REGISTERED NUMBER: 09533707)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 20,365 22,683

CURRENT ASSETS
Stocks 13,130 6,674
Debtors 5 13,127 13,288
Cash at bank and in hand 5,794 4,681
32,051 24,643
CREDITORS
Amounts falling due within one year 6 31,907 24,306
NET CURRENT ASSETS 144 337
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,509

23,020

CREDITORS
Amounts falling due after more than one
year

7

(11,250

)

(9,250

)

PROVISIONS FOR LIABILITIES (3,984 ) (4,310 )
NET ASSETS 5,275 9,460

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 5,175 9,360
SHAREHOLDERS' FUNDS 5,275 9,460

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

R E ARNETT LIMITED (REGISTERED NUMBER: 09533707)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2025


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 30 April 2025 and were signed on its behalf by:





M D Fox - Director


R E ARNETT LIMITED (REGISTERED NUMBER: 09533707)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

R E Arnett 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.
Plant and machinery etc - 15% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

R E ARNETT LIMITED (REGISTERED NUMBER: 09533707)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 40,112
Additions 1,694
Disposals (1,094 )
At 31 January 2025 40,712
DEPRECIATION
At 1 February 2024 17,429
Charge for year 3,408
Eliminated on disposal (490 )
At 31 January 2025 20,347
NET BOOK VALUE
At 31 January 2025 20,365
At 31 January 2024 22,683

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 13,127 13,288

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 3,000 3,000
Trade creditors 6,460 5,377
Taxation and social security 19,911 11,327
Other creditors 2,536 4,602
31,907 24,306

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 1,250 4,250
Other creditors 10,000 5,000
11,250 9,250