Registration number:
Arquet Ltd
for the Year Ended 5 April 2025
Arquet Ltd
Contents
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Company Information |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
Arquet Ltd
Company Information
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Directors |
Mr John Robert Kay Mrs Helen Kay |
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Company secretary |
Mrs Helen Kay |
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Registered office |
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Accountants |
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Arquet Ltd
(Registration number: 7591942)
Balance Sheet as at 5 April 2025
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Note |
05 April |
05 April |
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Fixed assets |
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Other financial assets |
2,235,811 |
2,350,704 |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
277,602 |
277,602 |
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Share premium reserve |
762,508 |
762,508 |
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Retained earnings |
1,094,349 |
1,162,720 |
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Shareholders' funds |
2,134,459 |
2,202,830 |
For the financial year ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Arquet Ltd
(Registration number: 7591942)
Balance Sheet as at 5 April 2025
Approved and authorised by the
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Arquet Ltd
Statement of Changes in Equity for the Year Ended 5 April 2025
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Share capital |
Share premium |
Retained earnings |
Total |
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At 6 April 2024 |
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Loss for the year |
- |
- |
( |
( |
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At 5 April 2025 |
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Share capital |
Share premium |
Retained earnings |
Total |
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At 6 April 2023 |
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Profit for the year |
- |
- |
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Dividends |
- |
- |
( |
( |
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At 5 April 2024 |
277,602 |
762,508 |
1,162,720 |
2,202,830 |
Arquet Ltd
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal place of business is:
25 North Avenue
Ashbourne
Derbyshire
DE6 1EZ
These financial statements were authorised for issue by the
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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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
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.
Revenue recognition
Turnover comprises income from listed investments.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current and 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.
Arquet Ltd
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025
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.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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.
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.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Arquet Ltd
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2025
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Creditors |
Creditors: amounts falling due within one year
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05 April |
05 April |
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Due within one year |
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Taxation and social security |
- |
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Accruals and deferred income |
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Share capital |
Allotted, called up and fully paid shares
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05 April |
05 April |
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No. |
£ |
No. |
£ |
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277,602 |
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277,602 |
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Dividends |
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05 April |
05 April |
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£ |
£ |
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Interim dividend of £Nil (2024 - £ |
- |
16,656 |
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