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Registered number: 03443184
Arcadia & Ricono Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Compton Hardwick Ltd
20 Elin Way
Meldreth
Royston
Hertfordshire
SG86LX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 03443184
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,755 -
1,755 -
CURRENT ASSETS
Debtors 5 94,493 36,404
Cash at bank and in hand 164,830 152,585
259,323 188,989
Creditors: Amounts Falling Due Within One Year 6 (248,252 ) (179,158 )
NET CURRENT ASSETS (LIABILITIES) 11,071 9,831
TOTAL ASSETS LESS CURRENT LIABILITIES 12,826 9,831
NET ASSETS 12,826 9,831
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account 12,816 9,821
SHAREHOLDERS' FUNDS 12,826 9,831
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs A Parnanzini
Director
18/07/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Arcadia & Ricono Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03443184 . The registered office is 20 Elin Way, Meldreth, Royston, SG8 6LX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery Over 4 years
Computer Equipment Over 4 years
2.4. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 2
Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 180 - 180
Additions 741 1,249 1,990
As at 31 December 2024 921 1,249 2,170
Depreciation
As at 1 January 2024 180 - 180
Provided during the period 62 173 235
As at 31 December 2024 242 173 415
Net Book Value
As at 31 December 2024 679 1,076 1,755
As at 1 January 2024 - - -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,106 11,207
Other debtors 48,967 13,625
VAT debtor 9,451 10,603
S455 receivable 969 969
Director's loan account 30,000 -
94,493 36,404
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 17,487 17,293
Other taxes and social security 251 -
Other creditors 1,300 4,502
Amounts received in advance 703 14,860
Accruals and deferred income 228,511 121,918
Director's loan account - 20,585
248,252 179,158
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 3
Page 4
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mrs Anna Ashton - 30,000 - - 30,000
The above loan is unsecured, interest free and repayable on demand.
Page 4