REGISTERED NUMBER: 11769053 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Arthur Cromwell & Foster Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

B Foster

Registered office:

37 Liverpool Road

Southport

PR8 4AG

Registered number:

11769053 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

1,052

267

Current assets

Debtors

5

27,036

34,676

Cash at bank

2,638

5,371

29,674

40,047

Creditors

Amounts falling due within one year

6

31,356

26,434

Net current (liabilities)/assets

(1,682

)

13,613

Total assets less current liabilities

(630

)

13,880

Creditors

Amounts falling due after more than one year

7

(5,945

)

(12,492

)

Provisions for liabilities

(200

)

-

Net (liabilities)/assets

(6,775

)

1,388

Capital and reserves

Called up share capital

8

100

100

Retained earnings

(6,875

)

1,288

Shareholders' funds

(6,775

)

1,388

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

B Foster - Director

1.	Statutory information

Arthur Cromwell & Foster Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets

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

Fixtures, fittings & equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4.	Tangible fixed assets

Fixtures,

fittings

& equipment

£

Cost

At 1 January 2024

1,363

Additions

1,377

Disposals

(177

)

At 31 December 2024

2,563

Depreciation

At 1 January 2024

1,096

Charge for year

592

Eliminated on disposal

(177

)

At 31 December 2024

1,511

Net book value

At 31 December 2024

1,052

At 31 December 2023

267

5.

Debtors: amounts falling due within one year

31/12/24

31/12/23

£

£

Other debtors

27,036

34,676

6.

Creditors: amounts falling due within one year

31/12/24

31/12/23

£

£

Bank loans and overdrafts

6,697

6,589

Taxation and social security

20,746

14,699

Other creditors

3,913

5,146

31,356

26,434

7.

Creditors: amounts falling due after more than one year

31/12/24

31/12/23

£

£

Bank loans

5,945

12,492

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

£

80

A

£1

80

80

20

B

£1

20

20

100

100

9.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31/12/24

31/12/23

£

£

B Foster

Balance outstanding at start of year

34,676

42,141

Amounts advanced

61,436

79,647

Amounts repaid

(69,076

)

(87,112

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

27,036

34,676

Amounts advanced include £5,000 on 29 April 2024. Amounts repaid include £10,000 on 2 February 2024 and £34,750 on 18 July 2024.

The maximum overdrawn balance during the year was £49,869. Advances to the director are unsecured, interest free and repayable on demand.