Arthx Limited 15435842 false 2024-01-23 2025-01-31 2025-01-31 The principal activity of the company is retail sale Digita Accounts Production Advanced 6.30.9574.0 true true 15435842 2024-01-23 2025-01-31 15435842 2025-01-31 15435842 bus:Director1 2025-01-31 15435842 bus:Director2 2025-01-31 15435842 bus:Director3 2025-01-31 15435842 bus:OrdinaryShareClass1 2025-01-31 15435842 bus:OrdinaryShareClass2 2025-01-31 15435842 bus:OrdinaryShareClass3 2025-01-31 15435842 core:RetainedEarningsAccumulatedLosses 2025-01-31 15435842 core:ShareCapital 2025-01-31 15435842 core:CurrentFinancialInstruments 2025-01-31 15435842 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 15435842 bus:SmallEntities 2024-01-23 2025-01-31 15435842 bus:AuditExemptWithAccountantsReport 2024-01-23 2025-01-31 15435842 bus:FullAccounts 2024-01-23 2025-01-31 15435842 bus:SmallCompaniesRegimeForAccounts 2024-01-23 2025-01-31 15435842 bus:RegisteredOffice 2024-01-23 2025-01-31 15435842 bus:Director1 2024-01-23 2025-01-31 15435842 bus:Director2 2024-01-23 2025-01-31 15435842 bus:Director3 2024-01-23 2025-01-31 15435842 bus:OrdinaryShareClass1 2024-01-23 2025-01-31 15435842 bus:OrdinaryShareClass2 2024-01-23 2025-01-31 15435842 bus:OrdinaryShareClass3 2024-01-23 2025-01-31 15435842 bus:PrivateLimitedCompanyLtd 2024-01-23 2025-01-31 15435842 bus:Agent1 2024-01-23 2025-01-31 15435842 core:RetainedEarningsAccumulatedLosses 2024-01-23 2025-01-31 15435842 core:ShareCapital 2024-01-23 2025-01-31 15435842 countries:England 2024-01-23 2025-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15435842

Arthx Limited

Annual Report and Unaudited Financial Statements

for the Period from 23 January 2024 to 31 January 2025

 

Arthx Limited

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Balance Sheet

4

Statement of Changes in Equity

5

Notes to the Unaudited Financial Statements

6 to 8

 

Arthx Limited

Company Information

Directors

Mr Geoffrey Phelps

Mrs Sybil Phelps

Mr George Patrick Phelps

Registered office

C/o 14 St. Owen Street
Hereford
HR1 2PL

Accountants

Oakleys Professional Limited
14 St Owen Street
Hereford
HR1 2PL

 

Arthx Limited

Directors' Report for the Period from 23 January 2024 to 31 January 2025

The directors present their report and the financial statements for the period from 23 January 2024 to 31 January 2025.

Incorporation

The company was incorporated and commenced trading on 23 January 2024.

Directors of the company

The directors who held office during the period were as follows:

Mr Geoffrey Phelps (appointed 23 January 2024)

Mrs Sybil Phelps (appointed 23 January 2024)

Mr George Patrick Phelps (appointed 23 January 2024)

Principal activity

The principal activity of the company is retail sale

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 7 May 2025 and signed on its behalf by:
 

.........................................
Mr Geoffrey Phelps
Director

.........................................
Mrs Sybil Phelps
Director

.........................................
Mr George Patrick Phelps
Director

 

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Arthx Limited
for the Period Ended 31 January 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Arthx Limited for the period ended 31 January 2025 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.

It is your duty to ensure that Arthx Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Arthx Limited. You consider that Arthx Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Arthx Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Oakleys Professional Limited
14 St Owen Street
Hereford
HR1 2PL

7 May 2025

 

Arthx Limited

(Registration number: 15435842)
Balance Sheet as at 31 January 2025

Note

2025
£

Current assets

 

Debtors

4

9,000

Cash at bank and in hand

 

19,556

 

28,556

Creditors: Amounts falling due within one year

5

(8,576)

Net assets

 

19,980

Capital and reserves

 

Called up share capital

6

9,000

Retained earnings

10,980

Shareholders' funds

 

19,980

For the financial period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 7 May 2025 and signed on its behalf by:
 

.........................................
Mr Geoffrey Phelps
Director

.........................................
Mrs Sybil Phelps
Director

.........................................
Mr George Patrick Phelps
Director

 

Arthx Limited

Statement of Changes in Equity for the Period from 23 January 2024 to 31 January 2025

Share capital
£

Retained earnings
£

Total
£

Profit for the period

-

10,980

10,980

New share capital subscribed

9,000

-

9,000

At 31 January 2025

9,000

10,980

19,980

 

Arthx Limited

Notes to the Unaudited Financial Statements for the Period from 23 January 2024 to 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
C/o 14 St. Owen Street
Hereford
HR1 2PL
United Kingdom

The principal place of business is:
Cherry Rock Farm
Blackwells End
Hartpury
Glos
GL19 3DB

These financial statements were authorised for issue by the Board on 7 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Arthx Limited

Notes to the Unaudited Financial Statements for the Period from 23 January 2024 to 31 January 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 3.

4

Debtors

Current

2025
£

Trade debtors

9,000

 

9,000

 

Arthx Limited

Notes to the Unaudited Financial Statements for the Period from 23 January 2024 to 31 January 2025

5

Creditors

Creditors: amounts falling due within one year

2025
£

Due within one year

Taxation and social security

2,576

Other creditors

6,000

8,576

6

Share capital

Allotted, called up and fully paid shares

 

2025

 

No.

£

A shares of £1 each

3,000

3,000

B shares of £1 each

3,000

3,000

C shares of £1 each

3,000

3,000

 

9,000

9,000