ARTE CONSTRUCTION LIMITED


Directors	BAKER, Andrew James
	HARRIS, Tony Charles
	WARDLAW, Robin George


Registered Address	6-9 Snow Hill
	Farringdon
	London
	EC1A 2AY


Registered Number	12262724 (England and Wales)

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Turnover policy
	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 rendering of services. 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.

Turnover policy

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 rendering of services.

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.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the Income Statement on a straight-line basis over the period of the lease. Where the company is a lessor, rental income from operating leases is credited to the Income Statement on a straight-line basis over the lease term.

Operating leases

Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the Income Statement on a straight-line basis over the period of the lease.

Where the company is a lessor, rental income from operating leases is credited to the Income Statement on a straight-line basis over the lease term.

	Defined contribution pension plan
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in other creditors in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. 

Contributions to defined contribution plans are expensed in the period to which they relate.  Amounts not paid are shown in other creditors in the Statement of Financial Position.  The assets of the plan are held separately from the company in independently administered funds.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement. Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement.

Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	5
	Vehicles	5

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease.

	Trade and other 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.

Trade and other 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.

	Trade and other 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.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

	Government grants or assistance
	Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the Income Statement at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Income Statement in the same period as the related expenditure.

Government grants or assistance

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the Income Statement at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. 

Grants of a revenue nature are recognised in the Income Statement in the same period as the related expenditure.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	17		14

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Total
	£	£	£
Cost or valuation
At 01 April 25	16,046	280,667	296,713
At 31 March 26	16,046	280,667	296,713
Depreciation and impairment
At 01 April 25	8,901	140,504	149,405
Charge for year	2,707	56,133	58,840
At 31 March 26	11,608	196,637	208,245
Net book value
At 31 March 26	4,438	84,030	88,468
At 31 March 25	7,145	140,163	147,308

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	2,983,232	3,797,900
Amounts owed by group undertakings	268,695	81,524
Other debtors	910,534	162,500
Prepayments and accrued income	61,170	73,697
Total	4,223,631	4,115,621

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	1,343,587	2,245,510
Taxation and social security	698,660	376,032
Finance lease and HP contracts	24,411	71,815
Other creditors	104,425	6,368
Accrued liabilities and deferred income	875,943	1,801,595
Total	3,047,026	4,501,320

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Other creditors	2,746	27,158
Total	2,746	27,158

7.	Obligations under finance leases

		2026		2025
		£		£
	Finance lease and HP contracts	27,157		98,973

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	20,900	35,300
Total	20,900	35,300

9.	Pension commitments
	The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £11,468 (2025: £5,987) were due to the fund. They are included in other creditors.

10.	Operating lease commitments
	At 31 March 2026 the company had future minimum lease payments under non-cancellable operating leases of £nil (2025: £28,968).

11.	Directors advances, credits and guarantees
	Included in other debtors is a loan to the directors of £4,375 (2025: credit of £381). This loan is interest free and repayable on demand.

12.	Related party transactions
	The Company has taken advantage of the exemption contained in Section 33 of FRS 102 "Related Party Disclosures" from disclosing transactions with the entities which are part of the Group, since 100% of the voting rights in the Company are controlled within the Group. At the year end, amounts totalling £351,078 (2025: £370,834) were due from companies under common control. These balances are interest free and repayable on demand. During the financial year, the company has repaid £90,000 (2025: £67,500) on behalf of a group entity to a related party under common ownership of one of the shareholders.

12.

Related party transactions

The Company has taken advantage of the exemption contained in Section 33 of FRS 102 "Related Party Disclosures" from disclosing transactions with the entities which are part of the Group, since 100% of the voting rights in the Company are controlled within the Group.

At the year end, amounts totalling £351,078 (2025: £370,834) were due from companies under common control. These balances are interest free and repayable on demand.

During the financial year, the company has repaid £90,000 (2025: £67,500) on behalf of a group entity to a related party under common ownership of one of the shareholders.

13.	Controlling party
	This company's parent undertaking and controlling party is Arte Holdings Limited, a company registered in England and Wales, company number 13083989. As part of a small group, this company is exempt from producing group accounts. These accounts are for this company alone.

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		88,468		147,308
			88,468		147,308
Current assets
Debtors	4	4,223,631		4,115,621
Cash at bank and on hand		760,680		1,290,539
		4,984,311		5,406,160
Creditors amounts falling due within one year	5	(3,047,026)		(4,501,320)
Net current assets (liabilities)			1,937,285		904,840
Total assets less current liabilities			2,025,753		1,052,148
Creditors amounts falling due after one year	6		(2,746)		(27,158)
Provisions for liabilities	8		(20,900)		(35,300)
Net assets			2,002,107		989,690
Capital and reserves
Called up share capital			100		100
Profit and loss account			2,002,007		989,590
Shareholders' funds			2,002,107		989,690