IRIS Accounts Production v25.1.0.734 08861924 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088619242023-08-31088619242024-08-31088619242023-09-012024-08-31088619242022-08-31088619242022-09-012023-08-31088619242023-08-3108861924ns15:EnglandWales2023-09-012024-08-3108861924ns14:PoundSterling2023-09-012024-08-3108861924ns10:Director12023-09-012024-08-3108861924ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3108861924ns10:SmallEntities2023-09-012024-08-3108861924ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3108861924ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3108861924ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3108861924ns10:FullAccounts2023-09-012024-08-3108861924ns10:OrdinaryShareClass12023-09-012024-08-3108861924ns10:Director22023-09-012024-08-3108861924ns10:Director32023-09-012024-08-3108861924ns10:CompanySecretary12023-09-012024-08-3108861924ns10:RegisteredOffice2023-09-012024-08-3108861924ns5:CurrentFinancialInstruments2024-08-3108861924ns5:CurrentFinancialInstruments2023-08-3108861924ns5:Non-currentFinancialInstruments2024-08-3108861924ns5:Non-currentFinancialInstruments2023-08-3108861924ns5:ShareCapital2024-08-3108861924ns5:ShareCapital2023-08-3108861924ns5:RetainedEarningsAccumulatedLosses2024-08-3108861924ns5:RetainedEarningsAccumulatedLosses2023-08-3108861924ns5:FurnitureFittings2023-08-3108861924ns5:MotorVehicles2023-08-3108861924ns5:FurnitureFittings2023-09-012024-08-3108861924ns5:MotorVehicles2023-09-012024-08-3108861924ns5:FurnitureFittings2024-08-3108861924ns5:MotorVehicles2024-08-3108861924ns5:FurnitureFittings2023-08-3108861924ns5:MotorVehicles2023-08-3108861924ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3108861924ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3108861924ns10:OrdinaryShareClass12024-08-31
REGISTERED NUMBER: 08861924 (England and Wales)















ARKWRIGHT & CO SW LIMITED

Unaudited Financial Statements

for the Year Ended 31 August 2024






ARKWRIGHT & CO SW LIMITED (REGISTERED NUMBER: 08861924)

Contents of the Financial Statements
for the year ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ARKWRIGHT & CO SW LIMITED

Company Information
for the year ended 31 August 2024







Directors: J R C Arkwright
T R Arkwright
D R B Arkwright





Secretary: S L Arkwright





Registered office: C/O Cooper Parry
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 08861924 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

ARKWRIGHT & CO SW LIMITED (REGISTERED NUMBER: 08861924)

Balance Sheet
31 August 2024

2024 2023
Notes £ £ £
Fixed assets
Tangible assets 4 3,399 4,742

Current assets
Debtors 5 134,940 88,031
Investments 6 - 2,000
Cash at bank 7 220,259 207,877
355,199 297,908
Creditors
Amounts falling due within one year 8 102,934 83,470
Net current assets 252,265 214,438
Total assets less current liabilities 255,664 219,180

Creditors
Amounts falling due after more than one
year

9

(96,561

)

(74,079

)

Provisions for liabilities (57,786 ) (46,857 )
Net assets 101,317 98,244

Capital and reserves
Called up share capital 10 10,000 10,000
Retained earnings 91,317 88,244
Shareholders' funds 101,317 98,244

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

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

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 8 May 2025 and were signed on its behalf by:




D R B Arkwright - Director


ARKWRIGHT & CO SW LIMITED (REGISTERED NUMBER: 08861924)

Notes to the Financial Statements
for the year ended 31 August 2024


1. Statutory information

Arkwright & Co SW 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 represents amounts receivable for services net of VAT.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixture, fittings & equipment33.33% straight line
Motor vehicles20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit and loss.

Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies, are recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price.

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

ARKWRIGHT & CO SW LIMITED (REGISTERED NUMBER: 08861924)

Notes to the Financial Statements - continued
for the year ended 31 August 2024


2. Accounting policies - continued

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Cash and cash equivalents
Cash at bank is a basic financial asset which includes deposits held at call with banks.

3. Employees and directors

The average number of employees during the year was 11 (2023 - 11 ) .

4. Tangible fixed assets
Fixtures
and Motor
fittings vehicles Totals
£ £ £
Cost
At 1 September 2023 33,334 4,000 37,334
Additions 1,345 - 1,345
At 31 August 2024 34,679 4,000 38,679
Depreciation
At 1 September 2023 30,683 1,909 32,592
Charge for year 2,270 418 2,688
At 31 August 2024 32,953 2,327 35,280
Net book value
At 31 August 2024 1,726 1,673 3,399
At 31 August 2023 2,651 2,091 4,742

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 113,756 69,498
Other debtors 21,184 18,533
134,940 88,031

6. Current asset investments
2024 2023
£ £
Other Short term Investment - 2,000

7. Cash at bank

Cash at bank includes client funds amounting to £30,373 (2023: £9,798). These amounts have arisen from property management monies received on account.

ARKWRIGHT & CO SW LIMITED (REGISTERED NUMBER: 08861924)

Notes to the Financial Statements - continued
for the year ended 31 August 2024


8. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 21,451 23,406
Taxation and social security 43,287 39,762
Other creditors 38,196 20,302
102,934 83,470

9. Creditors: amounts falling due after more than one year
2024 2023
£ £
Amounts owed to group undertakings 89,061 56,579
Other creditors 7,500 17,500
96,561 74,079

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
10,000 Ordinary shares 1 10,000 10,000

11. Related party disclosures

Included within debtors at the year end is £57 (2023: £57) due from our directors.

Included within creditors at the year end is £89,061 (2023: £56,579) due to the parent company