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Registered number: 08789018
Arta Rail Europe Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08789018
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,693 2,461
3,693 2,461
CURRENT ASSETS
Debtors 5 51,603 7,335
Cash at bank and in hand 258,532 405,843
310,135 413,178
Creditors: Amounts Falling Due Within One Year 6 (196,009 ) (207,549 )
NET CURRENT ASSETS (LIABILITIES) 114,126 205,629
TOTAL ASSETS LESS CURRENT LIABILITIES 117,819 208,090
Creditors: Amounts Falling Due After More Than One Year 7 (2,529 ) (2,561 )
NET ASSETS 115,290 205,529
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 115,190 205,429
SHAREHOLDERS' FUNDS 115,290 205,529
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For the year ending 30 November 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 directors acknowledge their 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
Mr Hossein Shafiei
Director
26 August 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Arta Rail Europe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08789018 . The registered office is G-05 Davenport House, 16 Pepper Street, London, E14 9RP.
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.
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:
Computer Equipment 25% reducing balance
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2023 6,575
Additions 2,463
As at 30 November 2024 9,038
Depreciation
As at 1 December 2023 4,114
Provided during the period 1,231
As at 30 November 2024 5,345
Net Book Value
As at 30 November 2024 3,693
As at 1 December 2023 2,461
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 28,474 -
Prepayments and accrued income - 6,420
Other debtors 22,847 -
VAT 282 915
51,603 7,335
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 158,107 164,550
Corporation tax - 8,462
Other taxes and social security 689 605
Accruals and deferred income 36,967 33,731
Directors' loan accounts 246 201
196,009 207,549
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Long term loans 2,529 2,561
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 32,000 -
10. Related Party Transactions
Included in creditors falling due within one year is an amount of £246 (2023: £201) payable to the directors. The loan is interest free
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