ARCANUM INDUSTRIES LTD

ARCANUM INDUSTRIES LTD
Statement of Financial Position
As at 24 December 2024

	2024		2023
	£	£	£	£
Fixed assets		31,691		31,919
Current assets	97,988		40,679
Creditors: amount falling due within one year	(8,000)		(128,728)
Net current assets		89,988		(88,049)
Total assets less current liabilities		121,679		(56,130)
Creditors: amount falling due after more than one year		(237,743)		(65,113)
Net assets		(116,064)		(121,243)


Capital and reserves		(116,064)		(121,243)

NOTES TO THE ACCOUNTS

General Information

ARCANUM INDUSTRIES LTD is a private company, limited by shares, registered in England and Wales, registration number 09201483, registration address C/O 159 WHITCHURCH ROAD, MANCHESTER, M20 1FY.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The Balance Sheet shows negative reserves of £116,064 but with a (significant) directors' loan balance of £47,259 and other family loan £60,178. The directors have indicated that they will not expect repayment of the loan for the foreseeable future. The directors have considered and are confident that the company will retain sufficient working capital to continue trading for the foreseeable future. On this basis, these financial statements have been drawn up on the Going Concern basis and no further adjustments are considered necessary.
The Arca container creditor is to a sister company under common control.

2.	Average number of employees Average number of employees during the year was 0 (2023 : 0).

For the year ended 24 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 13 April 2026 and were signed by:

--------------------------------
Tyrone Olotu Kieran Odiowei
Director

Registered Number: 09201483
England and Wales
ARCANUM INDUSTRIES LTD

Abridged Accounts

Period of accounts Start date: 26 December 2023 End date: 24 December 2024