Ark South Ltd - Filleted accounts

Registered number

11655187

Ark South Ltd

Filleted Accounts

31 March 2025

Ark South Ltd
Registered number:		11655187
Balance Sheet
as at 31 March 2025

Notes			2025			2023
£				£
Fixed assets
Tangible assets	3		19,809			5,348

Current assets
Debtors	4	16,470			2,968
Cash at bank and in hand		17,841			6,894
		34,311			9,862

Creditors: amounts falling due within one year	5	(23,422)			(5,258)

Net current assets			10,889			4,604

Total assets less current liabilities			30,698			9,952

Creditors: amounts falling due after more than one year	6		(6,747)			(8,914)

Provisions for liabilities			(3,764)			(1,016)


Net assets			20,187			22

Capital and reserves
Called up share capital			100			1
Profit and loss account			20,087			21

Shareholders' funds			20,187			22

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S L Pearson
Director
Approved by the board on 21 December 2025

Ark South Ltd
Notes to the Accounts
for the period from 1 December 2023 to 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	25% reducing balance basis
	Vehicles	25% reducing balance basis

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2023
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 December 2023	741		10,346		11,087
	Additions	-		19,990		19,990
	Disposals	-		(5,100)		(5,100)
	At 31 March 2025	741		25,236		25,977

	Depreciation
	At 1 December 2023	487		5,252		5,739
	Charge for the period	85		1,699		1,784
	On disposals	-		(1,355)		(1,355)
	At 31 March 2025	572		5,596		6,168

	Net book value
	At 31 March 2025	169		19,640		19,809
	At 30 November 2023	254		5,094		5,348


4	Debtors			2025		2023
£					£

	Trade debtors			16,470		2,968


5	Creditors: amounts falling due within one year			2025		2023
£					£

	Bank loans and overdrafts			1,863		1,918
	Obligations under finance lease and hire purchase contracts			-		93
	Trade creditors			343		613
	Taxation and social security costs			4,590		440
	Other creditors			16,626		2,194
				23,422		5,258

6	Creditors: amounts falling due after one year			2025		2023
£					£

	Bank loans			6,747		8,914


7	Other information

	Ark South Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	25 Cabot Road
	Yeovil
	Somerset
	BA21 5FQ