REGISTERED NUMBER: 14663058 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Arius Technology (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

M R Hockley Smith

P A Robinson

Registered office:

Halls Hole House,

1 Forest Road,

Tunbridge Wells

Kent

TN2 4TT

Registered number:

14663058 (England and Wales)

Accountants:

Benjamin Taylor Diner Limited

120 New Cavendish Street,

London

W1W 6XX

Fixed assets

Tangible assets

4

1,496

2,216

Current assets

Debtors

5

16,380

1,229

Cash at bank

19,239

6,863

35,619

8,092

Creditors

Amounts falling due within one year

6

(364,283

)

(126,895

)

Net current liabilities

(328,664

)

(118,803

)

Total assets less current liabilities

(327,168

)

(116,587

)

Reserves

Retained earnings

8

(327,168

)

(116,587

)

Shareholders' funds

(327,168

)

(116,587

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

P A Robinson - Director

1.	Statutory information

The Company is a private company limited by shares, incorporated in England and Wales. Its registered office is Halls Hole House, 1 Forest Road, Tunbridge Wells, Kent, United Kingdom, TN2 4TT.

The principal activity of the company during the period under review was that of advanced scanning services available for the examination, conservation, documentation, replication, and visualization of art.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company will be continuing to rely on the support of P.A. Robinson and Arius Technology Inc (a company under common control) for funds when they are needed. The directors therefore continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 January 2024

and 31 December 2024

1,100

1,500

2,600

Depreciation

At 1 January 2024

92

292

384

Charge for year

220

500

720

At 31 December 2024

312

792

1,104

Net book value

At 31 December 2024

788

708

1,496

At 31 December 2023

1,008

1,208

2,216

5.

Debtors: amounts falling due within one year

31.12.24

31.12.23

£

£

Other debtors

16,380

1,229

6.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade creditors

29,389

-

Taxation and social security

640

2,957

Other creditors

334,254

123,938

364,283

126,895

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1

Ordinary

£0.01

-

-

Called-up share capital represents the nominal value of shares that have been issued.

8.

Reserves

Retained

earnings

£

At 1 January 2024

(116,587

)

Deficit for the year

(210,581

)

At 31 December 2024

(327,168

)

Retained earnings reserve records retained earnings and accumulated losses.

9.	Related party disclosures

10.	Ultimate controlling party