Arnico Holdings Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07996481 (England and Wales)

Arnico Holdings Ltd

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTORS:

P Wilson

L M Wilson

REGISTERED OFFICE:

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

REGISTERED NUMBER:

07996481 (England and Wales)

ACCOUNTANTS:

Tearle & Carver Limited

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Arnico Holdings Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Arnico Holdings Ltd, as a body, in accordance with the terms of our engagement letter dated 11 December 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Arnico Holdings Ltd and state those matters that we have agreed to state to the Board of Directors of Arnico Holdings Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Arnico Holdings Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Arnico Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Arnico Holdings Ltd. You consider that Arnico Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Arnico Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tearle & Carver Limited

Chandos House

School Lane

Buckingham

Buckinghamshire

MK18 1HD

Date: .............................................

FIXED ASSETS

Tangible assets

4

675,000

650,000

Investments

5

100

675,100

650,100

CURRENT ASSETS

Debtors

6

63,512

84,067

Cash at bank

161,547

148,842

225,059

232,909

CREDITORS

Amounts falling due within one year

7

198,061

166,061

NET CURRENT ASSETS

26,998

66,848

TOTAL ASSETS LESS CURRENT
LIABILITIES

702,098

716,948

PROVISIONS FOR LIABILITIES

25,000

18,750

NET ASSETS

677,098

698,198

CAPITAL AND RESERVES

Called up share capital

200

Revaluation reserve

8

293,549

268,549

Retained earnings

383,349

429,449

677,098

698,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 28 November 2025 and were signed on its behalf by:

P Wilson - Director

1.	STATUTORY INFORMATION

Arnico Holdings 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 as modified by the revaluation of certain assets.

Turnover

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

COST OR VALUATION

At 1 April 2024

650,000

1,057

651,057

Revaluations

25,000

-

25,000

At 31 March 2025

675,000

1,057

676,057

DEPRECIATION

At 1 April 2024

and 31 March 2025

-

1,057

NET BOOK VALUE

At 31 March 2025

675,000

-

675,000

At 31 March 2024

650,000

-

650,000

Cost or valuation at 31 March 2025 is represented by:

Freehold

Computer

property

equipment

Totals

£

Valuation in 2023

625,000

1,057

626,057

Valuation in 2024

25,000

-

25,000

Valuation in 2025

25,000

-

25,000

675,000

1,057

676,057

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

100

NET BOOK VALUE

At 31 March 2025

100

At 31 March 2024

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

63,512

84,067

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Corporation tax

57

5,358

Social security and other taxes

(6,296

)

-

VAT

2,113

4,995

Directors' current accounts

201,317

154,838

Accruals and deferred income

870

198,061

166,061

8.

RESERVES

Revaluation

reserve

£

At 1 April 2024

268,549

Revaluation

25,000

At 31 March 2025

293,549

9.	RELATED PARTY DISCLOSURES

Included in other creditors is an amount due to Mrs L M Wilson and Mr P Wilson, the directors. At the year end, the amount owed was £201,316 (2024: £154,839). This loan is unsecured, interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is P Wilson and L M Wilson.