Acorah Software Products - Accounts Production 16.5.460 false true true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 11171434 Mrs Sharmi Bakrania Mr Mehul Bakrania Ms S Bakrania true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11171434 2024-01-31 11171434 2025-01-31 11171434 2024-02-01 2025-01-31 11171434 frs-core:CurrentFinancialInstruments 2025-01-31 11171434 frs-core:ShareCapital 2025-01-31 11171434 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 11171434 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11171434 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 11171434 frs-bus:SmallEntities 2024-02-01 2025-01-31 11171434 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 11171434 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11171434 1 2024-02-01 2025-01-31 11171434 frs-bus:Director1 2024-02-01 2025-01-31 11171434 frs-bus:Director2 2024-02-01 2025-01-31 11171434 frs-countries:EnglandWales 2024-02-01 2025-01-31 11171434 2023-01-31 11171434 2024-01-31 11171434 2023-02-01 2024-01-31 11171434 frs-core:CurrentFinancialInstruments 2024-01-31 11171434 frs-core:ShareCapital 2024-01-31 11171434 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 11171434
Arms United Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Mostons
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11171434
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 209,870 209,870
Debtors 2,000 1
Investments 5 740,174 715,000
Cash at bank and in hand 68,908 112,259
1,020,952 1,037,130
Creditors: Amounts Falling Due Within One Year 6 (978,671 ) (994,987 )
NET CURRENT ASSETS (LIABILITIES) 42,281 42,143
TOTAL ASSETS LESS CURRENT LIABILITIES 42,281 42,143
NET ASSETS 42,281 42,143
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 42,280 42,142
SHAREHOLDERS' FUNDS 42,281 42,143
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Sharmi Bakrania
Director
14/09/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Arms United Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11171434 . The registered office is 29 The Green Winchmore Hill, London, N21 1HS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Stocks
2025 2024
£ £
Work in progress 209,870 209,870
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Page 3
5. Current Asset Investments
2025 2024
£ £
Unlisted investments 740,174 715,000
The company has made short term loans on which they will receive interest. All loan are on a commercial basis and are listed at their transactional value.
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2 -
Corporation tax 32 1,168
Accruals and deferred income 864 864
Directors' loan accounts 977,773 992,955
978,671 994,987
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Directors Advances, Credits and Guarantees
Included in other creditors, is a balanced owed to the director of £977,773  (2024 £992,955). The loan is repayable on demand and has been recorded at its transactional value and not at its present value, discounted to market rate.
The above loan is unsecured, interest free and repayable on demand.
9. Ultimate Controlling Party
The company's ultimate controlling party is Ms S Bakrania by virtue of her ownership of 100% of the issued share capital in the company.
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