Company Registration No. 11505181 (England and Wales)
Arqtic Technology Limited
Unaudited accounts
for the year ended 31 March 2025
Arqtic Technology Limited
Unaudited accounts
Contents
Arqtic Technology Limited
Company Information
for the year ended 31 March 2025
Directors
J Howells
K Howells
Company Number
11505181 (England and Wales)
Registered Office
19a Gleiser View
Malmesbury
Wiltshire
SN16 0FZ
England
Accountants
R H Jeffs & Rowe Ltd
27-28 Gelliwastad Road
Pontypridd
CF37 2BW
Arqtic Technology Limited
Statement of financial position
as at 31 March 2025
Tangible assets
3,867
2,448
Cash at bank and in hand
19,249
30,073
Creditors: amounts falling due within one year
(15,306)
(21,888)
Net current assets
3,943
12,774
Called up share capital
2
2
Profit and loss account
7,808
15,220
Shareholders' funds
7,810
15,222
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 April 2025 and were signed on its behalf by
J Howells
Director
Company Registration No. 11505181
Arqtic Technology Limited
Notes to the Accounts
for the year ended 31 March 2025
Arqtic Technology Limited is a private company, limited by shares, registered in England and Wales, registration number 11505181. The registered office is 19a Gleiser View, Malmesbury, Wiltshire, SN16 0FZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
3,239
3,046
6,285
At 31 March 2025
3,282
5,562
8,844
At 1 April 2024
2,162
1,675
3,837
Charge for the year
168
972
1,140
At 31 March 2025
2,330
2,647
4,977
At 31 March 2025
952
2,915
3,867
At 31 March 2024
1,077
1,371
2,448
Arqtic Technology Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
12,426
17,056
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).