Company Registration No. 10464629 (England and Wales)
ARCTOS WORKS LTD
Unaudited accounts
for the year ended 31 October 2024
ARCTOS WORKS LTD
Unaudited accounts
Contents
ARCTOS WORKS LTD
Company Information
for the year ended 31 October 2024
Director
MICHAEL WILLIAM WAITE
Company Number
10464629 (England and Wales)
Registered Office
28 ARNOLD STREET
BRIGHTON
BN2 9XT
UNITED KINGDOM
Accountants
RAMESH SHARMA
DIVRICHA ACCOUNTANCY LIMITED
11 WEDMORE ROAD
GREENFORD
MIDDLESEX
UB6 8SB
ARCTOS WORKS LTD
Statement of financial position
as at 31 October 2024
Tangible assets
189,635
163,322
Cash at bank and in hand
36,927
29,496
Creditors: amounts falling due within one year
(30,509)
(20,204)
Net current assets
57,343
32,042
Net assets
246,978
195,364
Called up share capital
100
100
Profit and loss account
246,878
195,264
Shareholders' funds
246,978
195,364
For the year ending 31 October 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 24 July 2025 and were signed on its behalf by
MICHAEL WILLIAM WAITE
Director
Company Registration No. 10464629
ARCTOS WORKS LTD
Notes to the Accounts
for the year ended 31 October 2024
ARCTOS WORKS LTD is a private company, limited by shares, registered in England and Wales, registration number 10464629. The registered office is 28 ARNOLD STREET, BRIGHTON, BN2 9XT, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
AIA claimed £29813 on the addition of Plant & Machinery in this financial year
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
202,190
8,805
3,389
4,996
219,380
Additions
29,813
-
-
-
29,813
At 31 October 2024
232,003
8,805
3,389
4,996
249,193
At 1 November 2023
48,404
5,654
2,000
-
56,058
Charge for the year
3,160
340
-
-
3,500
At 31 October 2024
51,564
5,994
2,000
-
59,558
At 31 October 2024
180,439
2,811
1,389
4,996
189,635
At 31 October 2023
153,786
3,151
1,389
4,996
163,322
ARCTOS WORKS LTD
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
14,111
Taxes and social security
30,091
5,099
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Average number of employees
During the year the average number of employees was 4 (2023: 4).