ARC Sourcing Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08795053 (England and Wales)

Unaudited Financial Statements

for the Period 1 December 2024 to 31 May 2026

for

Arc Sourcing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs K S Renshaw

Mr A J Renshaw

REGISTERED OFFICE:

130a Darkes Lane

Potters Bar

Hertfordshire

EN6 1AF

REGISTERED NUMBER:

08795053 (England and Wales)

ACCOUNTANTS:

M Georghiades & Associates

Chartered Certified Accountants

130A Darkes Lane

Potters Bar

Hertfordshire

EN6 1AF

FIXED ASSETS

Tangible assets

4

-

743

CURRENT ASSETS

Cash at bank

-

79,187

CREDITORS

Amounts falling due within one year

5

-

556

NET CURRENT ASSETS

-

78,631

TOTAL ASSETS LESS CURRENT
LIABILITIES

-

79,374

PROVISIONS FOR LIABILITIES

6

100

NET (LIABILITIES)/ASSETS

(100

)

79,274

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

8

(200

)

79,174

SHAREHOLDERS' FUNDS

(100

)

79,274

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2026 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 9 June 2026 and were signed on its behalf by:

Mr A J Renshaw - Director

1.	STATUTORY INFORMATION

Arc Sourcing Ltd 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.

These financial statements have been prepared on a going concern basis and the entity had no any other liabilities apart from those amounts the company owed to the director at the end of the reporting period.

Provisions

Provisions (ie./ liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Taxation

Taxation for the period 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 period 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.

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.

Debtors

Short term debtors are measured at a 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 costs determined using the effective interest method, less any impairments losses for bad and doubtful debts.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 December 2024

and 31 May 2026

3,293

DEPRECIATION

At 1 December 2024

2,550

Charge for period

743

At 31 May 2026

3,293

NET BOOK VALUE

At 31 May 2026

-

At 30 November 2024

743

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

30.11.24

£

Other creditors

-

76

Accrued expenses

-

480

-

556

6.	PROVISIONS FOR LIABILITIES

31.5.26

30.11.24

£

Deferred tax

Accelerated capital allowances

100

Deferred

tax

£

Balance at 1 December 2024

100

Balance at 31 May 2026

100

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.26

30.11.24

value:

£

100

Ordinary shares

£1.00

100

8.

RESERVES

Retained

earnings

£

At 1 December 2024

79,174

Deficit for the period

(4,613

)

Dividends

(74,761

)

At 31 May 2026

(200

)

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with its directors.

10.	POST BALANCE SHEET EVENTS

There have not been any significant events since the balance sheet date.

There were no essential either adjusting events or non-adjusting events in the period of time elapsing between the balance sheet date and the date on which these financial statements are prepared. The impact of COVID-19 is described in the Going Concern Consideration Note.

This ongoing Russia - Ukraine conflict has resulted in going concern becoming a significant risk. The United States and Europe have avoided direct military conflict with Russia amid its conflict with Ukraine. They have however used a set of financial sanctions to limit Russia's access to financial resources. The impact of the sanctions may result in difficulties for the company to operate. Neither ARC Sourcing Limited nor the owners are currently on the sanctions list at the time of this report, however this may change as the situation changes.

Israel / Gaza / Iran and Middle East conflict - Even though this it's an ongoing conflict neither ARC Sourcing Limited nor the owners have any direct or indirect impact or sanctions from these on the company's ability to continue trading as a going concern. The company directors and owners will continue monitoring and reviewing the situation very close and report for any changes may arises if so.

The current economic environment is difficult and the company being dormant and not trading for several years the directors have considered that the company will not continue its operations in the foreseeable future as a going concern and has decided to cease trading at the balance sheet date (31st May 2026).

A board of directors resolution was passed and resolved that an application to strike off the company will be filed to the Registrar of the Companies House once the financial statements filed and approved.

11.	GOING CONCERN CONSIDERATION

The Company's management does not see a severe impact of COVID-19 outbreak to its activity. The Company tested the financial impact on the following areas of financial statements that can be affected:

- Breach of trade contracts

- Revenue

- Cost of sales

- Inventories fair value measurements

- Debt repayment

12.	CLIMATE CHANGES AND ENVIRONMENTAL RESPONSIBILITIES

Environmental Risks

Due to the nature of the entity's operational activities there's no exposure to significant environmental risks.

Climate changes and environmental responsibility

Despite the fact that our organisation offering management consultancy services, are always consider the environmental sustainability. Future business performance will be impacted by our ability to effectively manage the transition to a low carbon economy balancing commercial decisions with the environmental responsibility, agreeing business-wide decarbonisation priorities and managing changes in customer preferences.

This include management of the increasing costs associated with sustainable materials, recycling carbon pricing and further technological, policy and regulatory interventions.

We are operating in a world and a sector with high pressure from carbon-conscious customers, government bodies and regulators to operate in a more environmentally conscious manner. To respond to the circular economy, waste reduction and low carbon products and use of a recycled parts and related components.