Arcatech Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: NI059584

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		467,014		594,470
Tangible Assets	5		2,929		1,020

			469,943		595,490
CURRENT ASSETS
Stocks		380,000		430,000
Debtors		553,333		1,205,558
Cash at bank and in hand		14,623		2,084

		947,956		1,637,642
Creditors: Amounts Falling Due Within One Year		(709,808 )		(1,276,374 )

NET CURRENT ASSETS (LIABILITIES)			238,148		361,268

TOTAL ASSETS LESS CURRENT LIABILITIES			708,091		956,758

Creditors: Amounts Falling Due After More Than One Year			(47,405 )		(76,595 )

NET ASSETS			660,686		880,163

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			660,586		880,063

SHAREHOLDERS' FUNDS			660,686		880,163

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Arcatech Limited

Abridged Balance Sheet (continued)

As At 31 December 2024

For the 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.

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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Terence Simpson

Director

30/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Arcatech Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI059584 . The registered office is Unit 210-212 , Lisburn Enterprise Centre, Ballinderry Roan, Lisburn, BT28 2SA.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

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Arcatech Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

2.6. 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.

2.7. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2023: 4)

4. Intangible Assets

	Total
	£
Cost
As at 1 January 2024	2,037,833
Additions	(324 )

As at 31 December 2024	2,037,509

Amortisation
As at 1 January 2024	1,443,363
Provided during the period	127,132

As at 31 December 2024	1,570,495

Net Book Value
As at 31 December 2024	467,014

As at 1 January 2024	594,470

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Arcatech Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

5. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	30,822
Additions	2,999

As at 31 December 2024	33,821

Depreciation
As at 1 January 2024	29,802
Provided during the period	1,090

As at 31 December 2024	30,892

Net Book Value
As at 31 December 2024	2,929

As at 1 January 2024	1,020

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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