| ARRON MANAGEMENT LTD |
| Notes to the Accounts |
| for the year ended 28 February 2026 |
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| 1 |
Accounting policies |
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Basis of preparation |
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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). |
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Turnover |
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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. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and my accumulative |
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impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, |
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at rates calculated to write off the cost, less estimated residual value, of each asstes evenly over |
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its expected useful life, as follows: |
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Fixtures, fittings and equipment |
10% per annum on cost |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
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Provisions |
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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. |
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| 2 |
Employees |
2026 |
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2025 |
| Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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| 3 |
Tangible fixed assets |
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Fixtures, fittings and equipment |
| £ |
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Cost |
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Additions |
1,199 |
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At 28 February 2026 |
1,199 |
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Depreciation |
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Charge for the year |
120 |
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At 28 February 2026 |
120 |
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Net book value |
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At 28 February 2026 |
1,079 |
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| 4 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
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Trade creditors |
960 |
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1,538 |
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Corporation tax |
3,094 |
|
6,740 |
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Accrued expenses |
2,005 |
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1,920 |
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Other creditors |
82 |
|
456 |
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6,141 |
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10,654 |
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| 5 |
Other information |
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ARRON MANAGEMENT LTD is a private company limited by shares and incorporated in England. Its registered office is: |
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128A Evington Road |
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Leicester |
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LE2 1HL |