Arnold and Spark Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01168086

Arnold and Spark Limited

Filleted Unaudited Financial Statements

30 April 2026

Arnold and Spark Limited

Statement of Financial Position

30 April 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	4	522,105	522,123
Investments	5	1	1
		---------	---------
		522,106	522,124

Current assets

Debtors	6	6,078	2,142
Cash at bank and in hand		63,400	44,882
		--------	--------
		69,478	47,024

Creditors: amounts falling due within one year	7	8,878		7,428
		--------		--------
Net current assets			60,600	39,596
			---------	---------
Total assets less current liabilities			582,706	561,720

Provisions

Taxation including deferred tax	63,805	63,805
	---------	---------
Net assets	518,901	497,915
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	518,801	497,815
	---------	---------
Shareholders funds	518,901	497,915
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Arnold and Spark Limited

Statement of Financial Position (continued)

30 April 2026

These financial statements were approved by the board of directors and authorised for issue on 26 October 2026 , and are signed on behalf of the board by:

Mrs RM Spark
Director

Company registration number: 01168086

Arnold and Spark Limited

Notes to the Financial Statements

Year ended 30 April 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17 De Wallingford Close, Ysbytty Field, Abergavenny, Monmouthshire, NP7 9JG.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Revenue recognition

Turnover represent the total value of rental income receivable in the year.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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 is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	15% reducing balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Tangible assets

	Land and buildings	Plant and machinery	Total
	£	£	£
Cost
At 1 May 2025 and 30 April 2026	522,000	5,580	527,580
	---------	-------	---------
Depreciation
At 1 May 2025	–	5,457	5,457
Charge for the year	–	18	18
	---------	-------	---------
At 30 April 2026	–	5,475	5,475
	---------	-------	---------
Carrying amount
At 30 April 2026	522,000	105	522,105
	---------	-------	---------
At 30 April 2025	522,000	123	522,123
	---------	-------	---------

At the financial year end the directors, based on their experience with the local property market, decided there was no movement in the market value. The historical cost relating to these properties is £158,047.

5. Investments

	Other investments other than loans
	£
Cost
At 1 May 2025 and 30 April 2026	1
	----
Impairment
At 1 May 2025 and 30 April 2026	–
	----

Carrying amount
At 30 April 2026	1
	----
At 30 April 2025	1
	----

6. Debtors

	2026	2025
	£	£
Other debtors	6,078	2,142
	-------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	6,342	5,333
Other creditors	2,536	2,095
	-------	-------
	8,878	7,428
	-------	-------