Ark Consultants UK Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04424463

ARK CONSULTANTS UK LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

28 February 2025

ARK CONSULTANTS UK LTD

STATEMENT OF FINANCIAL POSITION

28 February 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	6		514,048	559,727

CURRENT ASSETS

Stocks		1,564,122	1,479,390
Debtors	7	425,737	268,534
Cash at bank and in hand		39,010	7,700
		--------------	--------------
		2,028,869	1,755,624

CREDITORS: amounts falling due within one year	8	2,235,341		1,696,381
		--------------		--------------
NET CURRENT (LIABILITIES)/ASSETS			( 206,472)	59,243
			-----------	-----------
TOTAL ASSETS LESS CURRENT LIABILITIES			307,576	618,970

CREDITORS: amounts falling due after more than one year	9	276,686	513,388
		-----------	-----------
NET ASSETS		30,890	105,582
		-----------	-----------

CAPITAL AND RESERVES

Called up share capital	210	210
Share premium account	14,586	14,586
Capital redemption reserve	66	66
Profit and loss account	16,028	90,720
	---------	-----------
SHAREHOLDERS FUNDS	30,890	105,582
	---------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

ARK CONSULTANTS UK LTD

STATEMENT OF FINANCIAL POSITION (continued)

28 February 2025

For the year ending 28th February 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 financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 22 September 2025 , and are signed on behalf of the board by:

Mr T A Williams

Director

Company registration number: 04424463

ARK CONSULTANTS UK LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 28th FEBRUARY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20 Mannin Way, Lancaster Business Park, Caton Road, Lancaster, LA1 3SW.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property	-	5% straight line
Motor vehicles	-	25% reducing balance
Equipment	-	20% straight line

stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 43 (2024: 22 ).

5. DIVIDENDS

	2025	2024
	£	£

Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )	367,727	163,526
	-----------	-----------

6. TANGIBLE ASSETS

Land and buildings	Motor vehicles	Equipment	Total
£	£	£	£

Cost
At 1st March 2024	579,831	59,844	45,456	685,131
Additions	134,892	46,165	–	181,057
Disposals	( 185,202)	–	–	( 185,202)
	-----------	-----------	---------	-----------
At 28th February 2025	529,521	106,009	45,456	680,986
	-----------	-----------	---------	-----------
Depreciation
At 1st March 2024	61,154	18,794	45,456	125,404
Charge for the year	19,731	21,803	–	41,534
	-----------	-----------	---------	-----------
At 28th February 2025	80,885	40,597	45,456	166,938
	-----------	-----------	---------	-----------
Carrying amount
At 28th February 2025	448,636	65,412	–	514,048
	-----------	-----------	---------	-----------
At 29th February 2024	518,677	41,050	–	559,727
	-----------	-----------	---------	-----------

7. DEBTORS

	2025	2024
	£	£

Trade debtors	368,630	261,804
Prepayments and accrued income	4,233	4,398
Other debtors	52,874	2,332
	-----------	-----------
	425,737	268,534
	-----------	-----------

8. CREDITORS: amounts falling due within one year

	2025	2024
	£	£

Bank loans and overdrafts	101,422	117,033
Trade creditors	274,534	329,084
Accruals and deferred income	120,019	81,087
Corporation tax	131,163	49,537
Social security and other taxes	25,263	103,136
Obligations under finance leases and hire purchase contracts	30,931	4,373
Director loan accounts	71,319	80,748
Factoring overdraft	195,582	132,820
Other creditors	1,285,108	798,563
	--------------	--------------
	2,235,341	1,696,381
	--------------	--------------

9. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£

Bank loans and overdrafts	34,034	108,863
Obligations under finance leases and hire purchase contracts	7,652	12,025
Other loans	235,000	392,500
	-----------	-----------
	276,686	513,388
	-----------	-----------

10. RELATED PARTY TRANSACTIONS

Within other creditors is an amount of £1,285,108 (2024 : £743,563) owed to OMM Ltd, a company associated by virtue of mutual shareholders.