Company Registration No. 12305031 (England and Wales)
Mitcham Arc Limited
Unaudited accounts
for the year ended 31 December 2025
Mitcham Arc Limited
Unaudited accounts
Contents
Mitcham Arc Limited
Company Information
for the year ended 31 December 2025
Company Number
12305031 (England and Wales)
Mitcham Arc Limited
Statement of financial position
as at 31 December 2025
Tangible assets
58,594
79,421
Cash at bank and in hand
380,289
195,835
Creditors: amounts falling due within one year
(557,258)
(302,557)
Net current assets
310,112
185,725
Total assets less current liabilities
368,706
265,146
Creditors: amounts falling due after more than one year
(4,777)
(14,115)
Net assets
363,929
251,031
Called up share capital
10
10
Profit and loss account
363,919
251,021
Shareholders' funds
363,929
251,031
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 September 2026 and were signed on its behalf by
Daniel Lawes
Director
Company Registration No. 12305031
Mitcham Arc Limited
Notes to the Accounts
for the year ended 31 December 2025
Mitcham Arc Limited is a private company, limited by shares, registered in England and Wales, registration number 12305031.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Government grants are recognised under the performance model. Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants are received prior to satisfying the
revenue recognition criteria, they are recognised as a liability.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
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 over its
expected useful life, as follows:
Leasehold land and buildings 10% straight line
Plant and equipment 25% reducing balance
Motor vehicles 25% reducing balance
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.
Mitcham Arc Limited
Notes to the Accounts
for the year ended 31 December 2025
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.
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
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the
reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
Mitcham Arc Limited
Notes to the Accounts
for the year ended 31 December 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
10,475
48,037
62,720
11,759
132,991
Additions
-
19,265
-
849
20,114
Disposals
-
-
(17,306)
-
(17,306)
At 31 December 2025
10,475
67,302
45,414
12,608
135,799
At 1 January 2025
4,189
26,110
17,345
5,926
53,570
Charge for the year
6,286
8,645
6,885
1,819
23,635
At 31 December 2025
10,475
34,755
24,230
7,745
77,205
At 31 December 2025
-
32,547
21,184
4,863
58,594
At 31 December 2024
6,286
21,927
45,375
5,833
79,421
Amounts falling due within one year
Trade debtors
367,187
189,048
Accrued income and prepayments
33,746
32,253
Other debtors
30,010
31,322
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
143,657
93,338
Taxes and social security
89,738
91,526
Proposed dividends
18,667
-
Loans from directors
(16,910)
-
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 25 (2024: 25).