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Registered number: 06950624
ARCHIMEDIA LONDON LIMITED
Unaudited Financial Statements
For the Year Ended 31 July 2026
Garveys Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06950624
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 444,045 2,231
444,045 2,231
CURRENT ASSETS
Debtors 5 10,881 13,949
Cash at bank and in hand 12,070 162,185
22,951 176,134
Creditors: Amounts Falling Due Within One Year 6 (372,328 ) (54,335 )
NET CURRENT ASSETS (LIABILITIES) (349,377 ) 121,799
TOTAL ASSETS LESS CURRENT LIABILITIES 94,668 124,030
NET ASSETS 94,668 124,030
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 94,667 124,029
SHAREHOLDERS' FUNDS 94,668 124,030
Page 1
Page 2
For the year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr PETER DRENNAN
Director
05/11/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ARCHIMEDIA LONDON LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 06950624 . The registered office is 84 HIGH STREET, HARLESDEN, LONDON, NW10 4SJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Leasehold 0%
Plant & Machinery 25%
Motor Vehicles 25%
Fixtures & Fittings 25%
Computer Equipment 25%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2026 2025
Office and administration 1 1
1 1
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 August 2025 - 11,058 11,058
Additions 441,000 1,829 442,829
As at 31 July 2026 441,000 12,887 453,887
Depreciation
As at 1 August 2025 - 8,827 8,827
Provided during the period - 1,015 1,015
As at 31 July 2026 - 9,842 9,842
Net Book Value
As at 31 July 2026 441,000 3,045 444,045
As at 1 August 2025 - 2,231 2,231
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 10,881 10,932
Director's loan account - 3,017
10,881 13,949
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 4,649 40,501
Other creditors 54,893 13,834
Director's loan account 312,786 -
372,328 54,335
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
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