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ARROW BUSINESS COMMUNICATIONS PS LIMITED
REGISTERED NUMBER:13225278
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STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024
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Debtors: amounts falling due within one year
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Total assets less current liabilities
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The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 2 to 3 form part of these financial statements.
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ARROW BUSINESS COMMUNICATIONS PS LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
Arrow Business Communications PS Limited is a private company limited by shares, incorporated in the England and Wales under Companies Act 2006. The registered office and principal trading address is given on the Company Information page. The functional and presentational currency is GBP.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
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Exemption from preparing consolidated financial statements
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The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.
The Directors intend to transfer the assets of the Company to another group entity and to cease trading. As required by UK accounting standards, the directors have prepared the financial statements on a basis other than going concern. No material adjustments arose as a result of this.
Investments in subsidiaries are measured at cost less accumulated impairment.
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The Company has no employees other than the Directors, who did not receive any remuneration (2023 - £NIL).
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Amounts owed by group undertakings
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ARROW BUSINESS COMMUNICATIONS PS LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
5.Financial commitments
Loans included within entities of the group that the Company is a part are secured by fixed and floating charges over the assets of the Company and the group. At the year end the loans amounted to £199,798,217 (2023: £196,799,237).
The parent undertaking of the smallest group in which consolidated financial statements are prepared, which include this company, is Arrow Communications Holdings Limited. The company’s registered address is Kilby House, Liverpool Innovation Park, Liverpool, L7 9NJ.
The auditor's report on the financial statements for the period ended 31 December 2024 was unqualified.
The audit report was signed on 13 May 2025 by Robin Hopkins FCA (Senior statutory auditor) on behalf of Menzies LLP.
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