A.R.News Limited - Accounts to registrar (filleted)

A.R.NEWS LIMITED

Unaudited Financial Statements

for the Year Ended 30 April 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

AR Rodda

CR Rodda

REGISTERED OFFICE:

6 Garrick Buildings

Oxford Street

Harrogate

North Yorkshire

HG1 1QE

REGISTERED NUMBER:

02116225 (England and Wales)

ACCOUNTANT:

Botros & Co

4 Northwest Business Park

Servia Hill

Leeds

West Yorkshire

LS6 2QH

BANKERS:

National Westminster Bank PLC

3 Cambridge Crescent

Harrogate

North Yorkshire

HG1 1PJ

FIXED ASSETS

Intangible assets

4

1

Tangible assets

5

2,111

1,778

2,112

1,779

CURRENT ASSETS

Stocks

6

760

4,640

Debtors

7

21,800

27,075

Cash in hand

24,700

11,000

47,260

42,715

CREDITORS

Amounts falling due within one year

8

24,086

18,815

NET CURRENT ASSETS

23,174

23,900

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,286

25,679

CREDITORS

Amounts falling due after more than one
year

9

328

1,294

NET ASSETS

24,958

24,385

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

11

24,858

24,285

SHAREHOLDERS' FUNDS

24,958

24,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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:

AR Rodda - Director

1.	STATUTORY INFORMATION

A.R.News Limited 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

at varying rates on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

20,000

AMORTISATION

At 1 May 2024

and 30 April 2025

19,999

NET BOOK VALUE

At 30 April 2025

1

At 30 April 2024

1

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

COST

At 1 May 2024

10,895

1,880

19,043

900

32,718

Additions

-

900

Disposals

-

(900

)

(900

)

At 30 April 2025

10,895

1,880

19,043

900

32,718

DEPRECIATION

At 1 May 2024

10,894

1,043

18,104

899

30,940

Charge for year

-

126

141

299

566

Eliminated on disposal

-

(899

)

(899

)

At 30 April 2025

10,894

1,169

18,245

299

30,607

NET BOOK VALUE

At 30 April 2025

1

711

798

601

2,111

At 30 April 2024

1

837

939

1

1,778

6.

STOCKS

30.4.25

30.4.24

£

Stocks

760

4,640

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Lottery cards

21,800

Prepayments

-

5,275

21,800

27,075

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts (see note 10)

18,473

11,839

Tax

56

257

Social security and other taxes

122

41

VAT

429

493

Directors' loan accounts

2,166

725

Accrued expenses

2,840

5,460

24,086

18,815

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

Bank loans (see note 10)

328

1,294

10.

LOANS

An analysis of the maturity of loans is given below:

30.4.25

30.4.24

£

Amounts falling due within one year or on demand:

Bank overdrafts

17,506

10,872

Bounce Back loan

967

18,473

11,839

Amounts falling due between two and five years:

Bounce Back Loan

328

1,294

11.

RESERVES

Retained

earnings

£

At 1 May 2024

24,285

Profit for the year

573

At 30 April 2025

24,858