COMPANY REGISTRATION NUMBER:
15439957
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Little Arrow Mgmt Limited |
|
|
Filleted Unaudited Accounts |
|
|
Little Arrow Mgmt Limited |
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|
Statement of Financial Position |
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31 December 2024
Current assets
|
Debtors |
5 |
298,254 |
|
Cash at bank and in hand |
553,075 |
|
--------- |
|
851,329 |
|
|
|
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Creditors: amounts falling due within one year |
6 |
(
355,377) |
|
--------- |
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Net current assets |
495,952 |
|
--------- |
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Total assets less current liabilities |
495,952 |
|
|
|
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Creditors: amounts falling due after more than one year |
7 |
(
258,765) |
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--------- |
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Net assets |
237,187 |
|
--------- |
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|
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Capital and reserves
|
Called up share capital |
8 |
1 |
|
Share premium account |
499,998 |
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Profit and loss account |
(
262,812) |
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--------- |
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Shareholders funds |
237,187 |
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--------- |
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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 Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
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.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
.
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Little Arrow Mgmt Limited |
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Statement of Financial Position (continued) |
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31 December 2024
These accounts were approved by the
board of directors
and authorised for issue on
18 June 2025
, and are signed on behalf of the board by:
Company registration number:
15439957
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Little Arrow Mgmt Limited |
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Period from 24 January 2024 to 31 December 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Archery Close, London, W2 2BE, United Kingdom.
2.
Statement of compliance
These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The accounts are prepared in sterling, which is the functional currency of the entity.
Foreign currencies
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 rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Comparatives
The accounts cover the period from incorporation through to 31 December 2024, hence there are no comparative figures. This accounting period has been shortened to align the period end with the calendar year.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
1
.
5.
Debtors
|
31 Dec 24 |
|
£ |
|
Trade debtors |
282,498 |
|
Prepayments and accrued income |
2,441 |
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Other debtors |
13,315 |
|
--------- |
|
298,254 |
|
--------- |
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6.
Creditors:
amounts falling due within one year
|
31 Dec 24 |
|
£ |
|
Trade creditors |
50,130 |
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Accruals and deferred income |
16,997 |
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Social security and other taxes |
288,250 |
|
--------- |
|
355,377 |
|
--------- |
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7.
Creditors:
amounts falling due after more than one year
|
31 Dec 24 |
|
£ |
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Amounts owed to group undertakings |
258,765 |
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--------- |
|
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8.
Called up share capital
Issued, called up and fully paid
|
31 Dec 24 |
|
No. |
£ |
|
Ordinary shares of £ 0.50 each |
2 |
1 |
|
SEED shares of £ 0.000001 each |
167,000 |
– |
|
--------- |
---- |
|
167,002 |
1 |
|
--------- |
---- |
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|
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9.
Contingent liabilities
Charges have been made against the company in favour of the following parties to secure their interests in the floating charge of the company: Archery Pictures Limited
10.
Related party transactions
During the period the following transactions took place with related parties: - H Bott, a Director of the Company, incurred various expenses to the value of £2,539 on behalf of the company, and was also paid a salary of £143,488. - Seven Rounds Media Limited, a company under the control of
Little Arrow Mgmt Limited
, was paid £5,708 for legal and professional fees. - Archery Pictures Limited, a company which is also controlled by S Thykier, loaned the company £250,000. Interest on the loan is charged at 2% above Bank of England Base Rate, interest incurred during the period totals £8,765. The balance due to Archery Pictures Limited at the period end is £258,765. No further transactions were undertaken as are required to be disclosed under FRS 102 Section 1A.
11.
Controlling party
The company is under the joint control of Holly Bott and Archery Pictures Limited