A R V Tamil ltd
Registered number: 11803127
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Intangible assets 3 65,450 78,540
Tangible assets 4 21,874 6,589
87,324 85,129
Current assets
Stocks 61,257 53,248
Debtors 5 4,978 18,058
Cash at bank and in hand 3,184 2,398
69,419 73,704
Creditors: amounts falling due within one year 6 (168,888) (133,583)
Net current liabilities (99,469) (59,879)
Total assets less current liabilities (12,145) 25,250
Creditors: amounts falling due after more than one year 7 (12,212) (22,408)
Net (liabilities)/assets (24,357) 2,842
Capital and reserves
Called up share capital 2 2
Profit and loss account (24,359) 2,840
Shareholders' funds (24,357) 2,842
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 members have 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.
Rajini POOBALASINGAM
Director
Approved by the board on 19 May 2025
A R V Tamil ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment 15% Reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 10 10
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2024 140,000
At 31 March 2025 140,000
Amortisation
At 1 April 2024 61,460
Provided during the year 13,090
At 31 March 2025 74,550
Net book value
At 31 March 2025 65,450
At 31 March 2024 78,540
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2024 10,454 3,000 13,454
Additions - 19,650 19,650
Disposals - (3,000) (3,000)
At 31 March 2025 10,454 19,650 30,104
Depreciation
At 1 April 2024 4,540 2,325 6,865
Charge for the year 1,479 2,211 3,690
On disposals - (2,325) (2,325)
At 31 March 2025 6,019 2,211 8,230
Net book value
At 31 March 2025 4,435 17,439 21,874
At 31 March 2024 5,914 675 6,589
5 Debtors 2025 2024
£ £
Trade debtors 1,510 1,510
Other debtors 3,468 16,548
4,978 18,058
6 Creditors: amounts falling due within one year 2025 2024
£ £
Non-equity preference shares 64,694 34,694
Trade creditors 13,497 6,724
Amounts owed to group undertakings and undertakings in which the company has a participating interest 1,587 1,602
Taxation and social security costs 3,385 4,838
Other creditors 85,725 85,725
168,888 133,583
7 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 12,212 22,408
8 Other information
A R V Tamil ltd is a private company limited by shares and incorporated in England. Its registered office is:
68 North Road
Southall
UB1 2JL
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