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REGISTERED NUMBER: 07087199 (England and Wales)



















Unaudited Financial Statements

for the Period 1 April 2023 to 30 September 2024

for

Arrival Electronics Limited

Arrival Electronics Limited (Registered number: 07087199)

Contents of the Financial Statements
for the Period 1 April 2023 to 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Arrival Electronics Limited

Company Information
for the Period 1 April 2023 to 30 September 2024







DIRECTORS: Mrs J Smith
C Smith





REGISTERED OFFICE: Unit 2
Ford Lane Business Park
Ford
Arundel
West Sussex
BN18 0UZ





REGISTERED NUMBER: 07087199 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

Arrival Electronics Limited (Registered number: 07087199)

Balance Sheet
30 September 2024

30.9.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,320 39,632
Investments 5 3,532,782 2,459,784
3,599,102 2,499,416

CURRENT ASSETS
Stocks 259,329 601,437
Debtors 6 1,214,740 754,619
Cash at bank and in hand 91,119 822,225
1,565,188 2,178,281
CREDITORS
Amounts falling due within one year 7 1,758,158 2,065,279
NET CURRENT (LIABILITIES)/ASSETS (192,970 ) 113,002
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,406,132

2,612,418

CREDITORS
Amounts falling due after more than one year 8 52,000 169,000
NET ASSETS 3,354,132 2,443,418

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 3,353,932 2,443,218
SHAREHOLDERS' FUNDS 3,354,132 2,443,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Arrival Electronics Limited (Registered number: 07087199)

Balance Sheet - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by:





Mrs J Smith - Director


Arrival Electronics Limited (Registered number: 07087199)

Notes to the Financial Statements
for the Period 1 April 2023 to 30 September 2024


1. STATUTORY INFORMATION

Arrival Electronics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements are presented in pounds sterling and rounded to the nearest £. The company's functional currency is Pounds Sterling, Euro and US Dollar.

Going concern
After reviewing the entities forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Arrival Electronics Limited (Registered number: 07087199)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024


2. ACCOUNTING POLICIES - continued

Investments
Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate or surplus arising from changes in fair value is recognised through profit and loss.

Impairment of assets
Fixed assets are reviewed at each reporting date to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Debtors and creditors receivable/payable in one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

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 transaction. Exchange differences are taken into account in arriving at the operating result.

Arrival Electronics Limited (Registered number: 07087199)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Provision for liabilities
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Dividends
Dividends are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 57,005
Additions 36,556
At 30 September 2024 93,561
DEPRECIATION
At 1 April 2023 17,373
Charge for period 9,868
At 30 September 2024 27,241
NET BOOK VALUE
At 30 September 2024 66,320
At 31 March 2023 39,632

5. FIXED ASSET INVESTMENTS

30.9.24 31.3.23
£    £   
Other investments not loans 3,532,782 2,459,784

Arrival Electronics Limited (Registered number: 07087199)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024


5. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Other
investments
£   
COST OR VALUATION
Additions 47,237
Disposals (2,713 )
Revaluations 8
At 30 September 2024 44,532
NET BOOK VALUE
At 30 September 2024 44,532

Cost or valuation at 30 September 2024 is represented by:

Other
investments
£   
Valuation in 2025 8
Cost 44,524
44,532

Investments (neither listed nor unlisted) were as follows:
30.9.24 31.3.23
£    £   
Brought forward 2,459,784 1,733,615
Capital Introduced 1,028,466 726,169
3,488,250 2,459,784

Fixed Asset Investments represents the company's capital account balance in a Limited Liability Partnership.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 31.3.23
£    £   
Trade debtors 892,695 746,271
Other debtors 322,045 8,348
1,214,740 754,619

Arrival Electronics Limited (Registered number: 07087199)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 31.3.23
£    £   
Bank loans and overdrafts 225,152 78,000
Trade creditors 596,751 768,602
Taxation and social security 843,808 529,800
Other creditors 92,447 688,877
1,758,158 2,065,279

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 31.3.23
£    £   
Bank loans 52,000 169,000

9. RELATED PARTY DISCLOSURES

As at 30 September 2024 £70,756 (2023: £70,756) was owed to a company controlled by key management personnel. The loan is interest free and is receivable on demand.