Archbird Ltd
Registered number: 05487838
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 40,001 -
Current assets
Debtors 4 16,897 1,314
Cash at bank 73,158 74,710
90,055 76,024
Creditors: amounts falling due within one year 5 (58,350) (19,040)
Net current assets 31,705 56,984
Total assets less current liabilities 71,706 56,984
Creditors: amounts falling due after more than one year 6 (25,829) (35,830)
Net assets 45,877 21,154
Capital and reserves
Called up share capital 100 100
Profit and loss account 45,777 21,054
Shareholder's funds 45,877 21,154
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Y S Jo
Director
Approved by the board on 1 May 2025
Archbird Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Investments
Other
investments
£
Cost
Additions 40,001
At 31 August 2024 40,001
4 Debtors 2024 2023
£ £
Trade debtors 16,897 1,314
5 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 5,798 2,569
Other creditors 52,552 16,471
58,350 19,040
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 25,829 35,830
7 Other information
Archbird Ltd is a private company limited by shares and incorporated in England. Its registered office is:
161 Malden Road
New Malden
Surrey
KT3 6AA
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