Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-31 2024-10-31 false true 2023-09-22 false Temporary employment agency activities 12 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15155855 2023-09-21 15155855 2023-09-22 2024-10-31 15155855 2022-09-22 2023-09-21 15155855 2024-10-31 15155855 c:Director1 2023-09-22 2024-10-31 15155855 d:CurrentFinancialInstruments 2024-10-31 15155855 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 15155855 d:ShareCapital 2024-10-31 15155855 d:RetainedEarningsAccumulatedLosses 2024-10-31 15155855 c:OrdinaryShareClass1 2023-09-22 2024-10-31 15155855 c:OrdinaryShareClass1 2024-10-31 15155855 c:FRS102 2023-09-22 2024-10-31 15155855 c:AuditExempt-NoAccountantsReport 2023-09-22 2024-10-31 15155855 c:FullAccounts 2023-09-22 2024-10-31 15155855 c:PrivateLimitedCompanyLtd 2023-09-22 2024-10-31 15155855 2 2023-09-22 2024-10-31 15155855 e:PoundSterling 2023-09-22 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15155855 ARCHER OFFSHORE LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 31 OCTOBER 2024
ARCHER OFFSHORE LIMITED REGISTERED NUMBER: 15155855 BALANCE SHEET AS AT 31 OCTOBER 2024
|  | 2024
Note |  | £
Current assets |  |  |
Debtors: amounts falling due within one year | 4 | 17,131 |
Cash at bank and in hand | 5 | 80 |
|  | 17,211 |
Creditors: amounts falling due within one year | 6 | (72,042) |
Net current (liabilities)/assets |  |  | (54,831)
Total assets less current liabilities |  |  | (54,831)
Net (liabilities)/assets |  |  | (54,831)
Capital and reserves |  |  |
Called up share capital | 7 |  | 100
Profit and loss account |  |  | (54,931)
|  |  | (54,831)
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ARCHER OFFSHORE LIMITED REGISTERED NUMBER: 15155855 BALANCE SHEET (CONTINUED) AS AT 31 OCTOBER 2024 The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
J S Higgins
Director
Date: 31 July 2025
The notes on pages 3 to 7 form part of these financial statements. Page 2
ARCHER OFFSHORE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 OCTOBER 2024
1. | General information
Archer Offshore Limited is a private company limited by shares and incorporated in England and Wales. The registered office address of the company is Floor 2 Robert Ransome House, Carr Street, Ipswich, IP4 1ER. The principal activity of the company is that of a temporary employment agency. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
ARCHER OFFSHORE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 OCTOBER 2024 2.Accounting policies (continued)
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.4 | Operating leases: the company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | Pensions
Defined contribution pension plan The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds. Page 4
ARCHER OFFSHORE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 OCTOBER 2024 2.Accounting policies (continued)
| 2.7 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.9 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Employees
| The average monthly number of employees, including directors, during the period was 12.
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ARCHER OFFSHORE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 OCTOBER 2024
4. | Debtors
|  |  |  |  | 2024
|  |  |  |  | £
| Amounts owed by group undertakings | 100
| Other debtors | 17,031
|  | 17,131
5. | Cash and cash equivalents
|  |  |  |  | 2024
|  |  |  |  | £
| Cash at bank and in hand | 80
|  | 80
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024
|  |  |  |  | £
| Amounts owed to group undertakings | 63,042
| Accruals and deferred income | 9,000
|  | 72,042
7. | Share capital
|  |  |  |  | 2024
|  |  |  |  | £
|  | Allotted, called up and fully paid |
|  | 100 Ordinary shares of £1.00 each | 100
During the period 100 Ordinary shares of £1.00 each were issued at par.
8. | Pension commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £19,096. Page 6
ARCHER OFFSHORE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 OCTOBER 2024
9. | Controlling party
The ultimate controlling party is J S Higgins.
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