Registration number: 04926315

Arno (UK) Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Arno (UK) Limited

Company Information

Director

Mr P A Jensen

Company secretary

Mrs H J Jensen

Registered office

Unit 11 Sugnall Business Centre Sugnall Eccleshall Staffordshire ST21 6NF

Accountants

Howsons Chartered Accountants Winton House Stoke Road Stoke on Trent Staffordshire ST4 2RW

Arno (UK) Limited

(Registration number: 04926315)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	179,077	100,350
Current assets
Stocks	6	70,509	75,328
Debtors	7	959,633	913,996
Other financial assets	5	-	394,737
Cash at bank and in hand		534,489	526,192
		1,564,631	1,910,253
Creditors: Amounts falling due within one year	8	(1,509,243)	(1,788,452)
Net current assets		55,388	121,801
Total assets less current liabilities		234,465	222,151
Provisions for liabilities		(38,581)	(10,848)
Net assets		195,884	211,303
Capital and reserves
Called up share capital		15,000	15,000
Retained earnings		180,884	196,303
Shareholders' funds		195,884	211,303

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS102 Section 1A - small entities.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 September 2025
 

Arno (UK) Limited

(Registration number: 04926315)
Balance Sheet as at 31 December 2024

......................................... Mr P A Jensen Director

Arno (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 11
Sugnall Business Centre
Sugnall
Eccleshall
Staffordshire
ST21 6NF

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in pound sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Arno (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Asset class	Depreciation method and rate
Plant and machinery	10% straight line basis
Fixtures and fittings	15% reducing balance basis
Office equipment	25% reducing balance basis
Motor vehicles	25% reducing balance basis

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Basic financial assets, including trade and other debtors, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities, including trade and other trade creditors, bank and other loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is an enforceable right to set off the recognised amounts and there is an intention to settle the liability simultaneously.

 Recognition and measurement
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit and loss.

 Impairment
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised in the profit or loss.

Financial assets are derecognised when a) the contractual rights to the cash flows from the asset expire or are settled, or b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Arno (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 11 (2023 - 12).

Arno (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5	Other financial assets (current and non-current)

	2024 £	2023 £
Current financial assets
Financial assets at fair value through profit and loss	-	394,737

6

Stocks

	2024 £	2023 £
Other inventories	70,509	75,328

7

Debtors

	2024 £	2023 £
Trade debtors	934,505	871,829
Other debtors	4,393	6,612
Prepayments	20,735	35,555
	959,633	913,996

8

Creditors

	Note	2024 £	2023 £
Due within one year
Trade creditors		3,682	6,755
Amounts owed to group undertakings and undertakings in which the company has a participating interest		1,112,081	1,124,955
Taxation and social security		217,814	192,006
Other creditors		175,666	464,736
		1,509,243	1,788,452

Arno (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

9	Parent and ultimate parent undertaking

The company's immediate parent is Arnold Vermogensuerwaltung GmbH & Co KG, incorporated in Germany.

10	Financial instruments

Categorisation of financial instruments

	2024 £	2023 £
Financial assets measured at fair value through profit or loss	-	394,737
Financial liabilities measured at amortised cost	-	(394,737)

Financial assets measured at fair value

Forward contracts
The open market value is used to determine the fair value at the reporting date.

The fair value is £Nil (2023 - £394,737) and the change in value included in profit or loss is £Nil (2023 - £(1,861)).

11	Going Concern

The accounts have been prepared on a going concern basis which assumes the continued support of the principal supplier Karl-Heinz Arnold GmbH and its holding company Arnold Vermogensuerwaltung GmbH & Co KG.