Arcsecond Limited

Arcsecond Limited
Statement of Financial Position
As at 31 July 2026

	Notes	2026 £	2025 £
Fixed assets
Intangible fixed assets	3	279,424	314,352
Tangible fixed assets	4	289	434
		279,713	314,786
Current assets
Cash at bank and in hand		42,790	4,578
Creditors: amount falling due within one year	5	(174,729)	(332,715)
Net current assets		(131,939)	(328,137)

Total assets less current liabilities		147,774	(13,351)
Provisions for liabilities	6	(72)	(109)
Net assets		147,702	(13,460)

Capital and reserves
Called up share capital		100	100
Profit and loss account		147,602	(13,560)
Shareholders' funds		147,702	(13,460)

For the year ended 31 July 2026 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 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 to the Registrar of Companies.

The financial statements were approved by the director on 06 October 2026 and were signed by:

-------------------------------
Samuel Hughes
Director

Arcsecond Limited
Notes to the Financial Statements
For the year ended 31 July 2026

General Information

Arcsecond Limited is a private company, limited by shares, registered in England and Wales, registration number 15843958, registration address Unit 14, Princeton Mews, 167 London Road, Kingston upon Thames, KT2 6PT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Copy Rights
Copy Rights is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the Copy rights of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

Intangible fixed assets

Cost	Copy Rights	Total
	£	£
At 01 August 2025	349,280	349,280
Additions	-	-
Disposals	-	-
At 31 July 2026	349,280	349,280
Amortisation
At 01 August 2025	34,928	34,928
Charge for year	34,928	34,928
On disposals	-	-
At 31 July 2026	69,856	69,856
Net book values
At 31 July 2026	279,424	279,424
At 31 July 2025	314,352	314,352

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 August 2025	579	579
Additions	-	-
Disposals	-	-
At 31 July 2026	579	579
Depreciation
At 01 August 2025	145	145
Charge for year	145	145
On disposals	-	-
At 31 July 2026	290	290
Net book values
Closing balance as at 31 July 2026	289	289
Opening balance as at 01 August 2025	434	434

Creditors: amount falling due within one year

	2026 £	2025 £
Corporation Tax	48,678	0
Deferred Income	125,853	212,018
Other Creditors	(1)	(1)
Directors' Current Accounts	199	120,698
	174,729	332,715

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	72		109
	72		109