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REGISTERED NUMBER: 10864754 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

ARK Bespoke Joinery Lincs Ltd

ARK Bespoke Joinery Lincs Ltd (Registered number: 10864754)






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


ARK Bespoke Joinery Lincs Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: P J Beat





REGISTERED OFFICE: Heapham Cliff Farmhouse
Common Lane
Heapham
Gainsborough
Lincolnshire
DN21 5XD





REGISTERED NUMBER: 10864754 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

ARK Bespoke Joinery Lincs Ltd (Registered number: 10864754)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,661 10,190

CURRENT ASSETS
Cash at bank 246 21

CREDITORS
Amounts falling due within one year 5 43,370 61,221
NET CURRENT LIABILITIES (43,124 ) (61,200 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(34,463

)

(51,010

)

CREDITORS
Amounts falling due after more than one year 6 3,667 5,000
NET LIABILITIES (38,130 ) (56,010 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (38,132 ) (56,012 )
SHAREHOLDERS' FUNDS (38,130 ) (56,010 )

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 director acknowledges his 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.

ARK Bespoke Joinery Lincs Ltd (Registered number: 10864754)

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 director and authorised for issue on 10 May 2025 and were signed by:





P J Beat - Director


ARK Bespoke Joinery Lincs Ltd (Registered number: 10864754)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

ARK Bespoke Joinery Lincs Ltd 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.

At the year end the company had net liabilities, however the director who also controls the company's principal creditor has agreed to continue to support the company financially. For this reason the accounts have been prepared on a going concern basis.

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 - 15% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

ARK Bespoke Joinery Lincs Ltd (Registered number: 10864754)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2023
and 31 July 2024 27,017
DEPRECIATION
At 1 August 2023 16,827
Charge for year 1,529
At 31 July 2024 18,356
NET BOOK VALUE
At 31 July 2024 8,661
At 31 July 2023 10,190

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 2,000 2,000
Other loans 35,080 52,640
Directors' current accounts 5,790 5,980
Accrued expenses 500 601
43,370 61,221

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans - 1-2 years 2,000 2,000
Bank loans - 2-5 years 1,667 3,000
3,667 5,000

7. ULTIMATE CONTROLLING PARTY

The controlling party is P J Beat.

The director of the company is also the main shareholder in Ark Construction Limited.

The following loan, which is included in creditors, subsisted between the two companies at the balance sheet date; £35,080 (2023 - £52,640).

The loan is interest free and repayable on demand. All transactions between the companies were carried out on a commercial basis and in accordance with their normal terms and conditions of trade.