AR Partners Limited 08910184 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is sale of solar energy production facilities. Digita Accounts Production Advanced 6.30.9574.0 true 08910184 2023-09-01 2024-08-31 08910184 2024-08-31 08910184 core:RetainedEarningsAccumulatedLosses 2024-08-31 08910184 core:ShareCapital 2024-08-31 08910184 core:CurrentFinancialInstruments 2024-08-31 08910184 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 08910184 core:FurnitureFittingsToolsEquipment 2024-08-31 08910184 core:MotorVehicles 2024-08-31 08910184 bus:SmallEntities 2023-09-01 2024-08-31 08910184 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08910184 bus:FilletedAccounts 2023-09-01 2024-08-31 08910184 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08910184 bus:RegisteredOffice 2023-09-01 2024-08-31 08910184 bus:Director1 2023-09-01 2024-08-31 08910184 bus:Director2 2023-09-01 2024-08-31 08910184 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08910184 core:ComputerEquipment 2023-09-01 2024-08-31 08910184 core:FurnitureFittingsToolsEquipment 2023-09-01 2024-08-31 08910184 core:MotorVehicles 2023-09-01 2024-08-31 08910184 countries:EnglandWales 2023-09-01 2024-08-31 08910184 2023-08-31 08910184 core:FurnitureFittingsToolsEquipment 2023-08-31 08910184 core:MotorVehicles 2023-08-31 08910184 2022-09-01 2023-08-31 08910184 2023-08-31 08910184 core:RetainedEarningsAccumulatedLosses 2023-08-31 08910184 core:ShareCapital 2023-08-31 08910184 core:CurrentFinancialInstruments 2023-08-31 08910184 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 08910184 core:FurnitureFittingsToolsEquipment 2023-08-31 08910184 core:MotorVehicles 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 08910184

AR Partners Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

AR Partners Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

AR Partners Limited

Company Information

Directors

Mr H Simpson

Mr G M P Hughes

Registered office

Salford Lodge
Pitchill
Evesham
Worcestershire
WR11 8SN

Accountants

Ballards LLP
Chartered Accountants
Oakmoore Court
11C Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH

 

AR Partners Limited

(Registration number: 08910184)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

-

35

Current assets

 

Debtors

5

59,802

58,181

Creditors: Amounts falling due within one year

6

(1,572)

(18,800)

Net current assets

 

58,230

39,381

Total assets less current liabilities

 

58,230

39,416

Provisions for liabilities

-

(90)

Net assets

 

58,230

39,326

Capital and reserves

 

Called up share capital

200

200

Retained earnings

58,030

39,126

Shareholders' funds

 

58,230

39,326

For the financial year ending 31 August 2024 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 year 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 May 2025 and signed on its behalf by:
 

.........................................
Mr H Simpson
Director

.........................................
Mr G M P Hughes
Director

 
     
 

AR Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

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

The address of its registered office is:
Salford Lodge
Pitchill
Evesham
Worcestershire
WR11 8SN

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Tax

The tax expense for the period comprises deferred 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% on cost

Computer equipment

25% on cost

 

AR Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

AR Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 September 2023

3,439

23,695

27,134

Disposals

-

(23,695)

(23,695)

At 31 August 2024

3,439

-

3,439

Depreciation

At 1 September 2023

3,404

23,695

27,099

Charge for the year

35

-

35

Eliminated on disposal

-

(23,695)

(23,695)

At 31 August 2024

3,439

-

3,439

Carrying amount

At 31 August 2024

-

-

-

At 31 August 2023

35

-

35

5

Debtors

Current

2024
£

2023
£

Other debtors

59,802

58,181

 

59,802

58,181

6

Creditors

2024
£

2023
£

Due within one year

 

Amounts owed to related parties

577

17,705

Other creditors

 

995

1,095

 

1,572

18,800