ARI Installations Limited 05048733 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is installation of office furniture. Digita Accounts Production Advanced 6.30.9574.0 true 05048733 2024-04-01 2025-03-31 05048733 2025-03-31 05048733 core:CapitalRedemptionReserve 2025-03-31 05048733 core:RetainedEarningsAccumulatedLosses 2025-03-31 05048733 core:ShareCapital 2025-03-31 05048733 core:CurrentFinancialInstruments 2025-03-31 05048733 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 05048733 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 05048733 core:Goodwill 2025-03-31 05048733 core:FurnitureFittingsToolsEquipment 2025-03-31 05048733 core:MotorVehicles 2025-03-31 05048733 bus:SmallEntities 2024-04-01 2025-03-31 05048733 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05048733 bus:FilletedAccounts 2024-04-01 2025-03-31 05048733 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05048733 bus:RegisteredOffice 2024-04-01 2025-03-31 05048733 bus:Director2 2024-04-01 2025-03-31 05048733 bus:Director3 2024-04-01 2025-03-31 05048733 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05048733 bus:Agent1 2024-04-01 2025-03-31 05048733 core:Goodwill 2024-04-01 2025-03-31 05048733 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 05048733 core:MotorVehicles 2024-04-01 2025-03-31 05048733 countries:EnglandWales 2024-04-01 2025-03-31 05048733 2024-03-31 05048733 core:Goodwill 2024-03-31 05048733 core:FurnitureFittingsToolsEquipment 2024-03-31 05048733 core:MotorVehicles 2024-03-31 05048733 2023-04-01 2024-03-31 05048733 2024-03-31 05048733 core:CapitalRedemptionReserve 2024-03-31 05048733 core:RetainedEarningsAccumulatedLosses 2024-03-31 05048733 core:ShareCapital 2024-03-31 05048733 core:CurrentFinancialInstruments 2024-03-31 05048733 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 05048733 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 05048733 core:FurnitureFittingsToolsEquipment 2024-03-31 05048733 core:MotorVehicles 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 05048733

ARI Installations Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

ARI Installations Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 7

 

ARI Installations Limited

Company Information

Directors

A Guthrie

G Guthrie

Registered office

Leavesden Park
Suite 1
5 Hercules Way
Watford
Hertfordshire
WD25 7GS

Accountants

Landmark Accountants Limited Leavesden Park
5 Hercules Way
Watford
Hertfordshire
WD25 7GS

 

ARI Installations Limited

(Registration number: 05048733)
Balance Sheet as at 31 March 2025

Note

2025

2024

   

£

£

£

£

Fixed assets

   

 

Tangible assets

5

 

73,728

 

105,030

Current assets

   

 

Debtors

6

297,927

 

194,584

 

Cash at bank and in hand

 

23,288

 

59,932

 

 

321,215

 

254,516

 

Creditors: Amounts falling due within one year

7

(336,308)

 

(239,150)

 

Net current (liabilities)/assets

   

(15,093)

 

15,366

Total assets less current liabilities

   

58,635

 

120,396

Creditors: Amounts falling due after more than one year

7

 

(9,167)

 

(25,833)

Net assets

   

49,468

 

94,563

Capital and reserves

   

 

Called up share capital

5,000

 

5,000

 

Capital redemption reserve

5,000

 

5,000

 

Retained earnings

39,468

 

84,563

 

Shareholders' funds

   

49,468

 

94,563

For the financial year ending 31 March 2025 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 year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 July 2025 and signed on its behalf by:
 

.........................................
A Guthrie
Director

 

ARI Installations Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Leavesden Park
Suite 1
5 Hercules Way
Watford
Hertfordshire
WD25 7GS
United Kingdom

2

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.

The presentational currency of these accounts is £ Sterling and the level of rounding is to the nearest £1.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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.

Government grants

Government grants are recognised when there is reasonable assurance that the grant will be received and the entity will comply with the conditions attached to them.

Tax

The tax expense for the period comprises current 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

ARI Installations Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

25% straight line

Motor vehicles

25% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

5 years

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 debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

ARI Installations Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments.
 Recognition and measurement
Basic financial instruments are recognised at amortised cost.
 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 7).

 

ARI Installations Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 April 2024

527,000

527,000

At 31 March 2025

527,000

527,000

Amortisation

At 1 April 2024

527,000

527,000

At 31 March 2025

527,000

527,000

Carrying amount

At 31 March 2025

-

-

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2024

40,169

237,462

277,631

Additions

8,509

-

8,509

At 31 March 2025

48,678

237,462

286,140

Depreciation

At 1 April 2024

32,853

139,748

172,601

Charge for the year

4,294

35,517

39,811

At 31 March 2025

37,147

175,265

212,412

Carrying amount

At 31 March 2025

11,531

62,197

73,728

At 31 March 2024

7,316

97,714

105,030

 

ARI Installations Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

6

Debtors

2025
£

2024
£

Trade debtors

248,891

143,406

Other debtors

49,036

51,178

297,927

194,584

7

Creditors

2025
£

2024
£

Due within one year

Loans and borrowings

16,667

17,619

Trade creditors

82,486

52,429

Amounts owed to group undertakings and undertakings in which the company has a participating interest

147,833

110,830

Taxation and social security

72,324

44,655

Other creditors

16,998

13,617

336,308

239,150

2025
£

2024
£

Due after one year

Loans and borrowings

9,167

25,833

8

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £191,100 (2024 - £245,700) under non cancellable operating leases.

Amounts disclosed in the balance sheet

Included in the balance sheet are pensions of £99 (2024 - £605).