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Company Registration No. 15156375 (England and Wales)
Arcade Labs Ltd Unaudited accounts for the period from 22 September 2023 to 31 December 2024
Arcade Labs Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Arcade Labs Ltd Company Information for the period from 22 September 2023 to 31 December 2024
Director
Martin Russell Wild Bryant
Company Number
15156375 (England and Wales)
Registered Office
128 City Road London EC1V 2NX United Kingdom
Accountants
Collective Concepts Accounting Ltd
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Arcade Labs Ltd Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
4
40,578 
Current assets
Cash at bank and in hand
60 
Creditors: amounts falling due within one year
5
(48,235)
Net current liabilities
(48,175)
Net liabilities
(7,597)
Capital and reserves
Called up share capital
10 
Profit and loss account
(7,607)
Shareholders' funds
(7,597)
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 June 2025 and were signed on its behalf by
Martin Russell Wild Bryant Director Company Registration No. 15156375
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Arcade Labs Ltd Notes to the Accounts for the period from 22 September 2023 to 31 December 2024
1
Statutory information
Arcade Labs Ltd is a private company, limited by shares, registered in England and Wales, registration number 15156375. The registered office is 128 City Road, London, EC1V 2NX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortised over 10 years
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Research and development
Expenditure on new product development, which meets the criteria within section 18 of FRS102 for deferral to future period, is capitalised as an intangible fixed asset and amortised from the date on which the asset is available for use. Development activities involve a plan or design for the production of new or substantially improved products or processes. The expenditure capitalised include direct labour and an appropriate portion of subcontractors and software expenses. General expenditure on research and development which does not meet the criteria is written off in the year in which it is incurred.
Going concern
The financial statement have been prepared on a going concern basis on the grounds that the Director have confirmed he will continue to support the company.
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Arcade Labs Ltd Notes to the Accounts for the period from 22 September 2023 to 31 December 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 22 September 2023
- 
Additions
42,391 
At 31 December 2024
42,391 
Amortisation
At 22 September 2023
- 
Charge for the period
1,813 
At 31 December 2024
1,813 
Net book value
At 31 December 2024
40,578 
5
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
23,738 
Taxes and social security
(6,717)
Loans from directors
19,572 
Accruals
11,642 
48,235 
6
Average number of employees
During the period the average number of employees was 1.
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