ARC Installs Ltd - Period Ending 2019-03-31

Registration number: 07828603

ARC Installs Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2019

Mr Colin Barrett
AIMS Accountants for Business
8 Bromsgrove Road
Romsley
Halesowen
West Midlands
B62 0ET

ARC Installs Ltd

(Registration number: 07828603)
Balance Sheet as at 31 March 2019

	2019 £	2018 £
Fixed assets	3,002	4,002
Current assets	58,698	74,507
Creditors: Amounts falling due within one year	(61,598)	(74,595)
Net current liabilities	(2,900)	(88)
	102	3,914
Capital and reserves	102	3,914

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
13 Westbourne Street
Walsall
WS4 2JB

These financial statements were authorised for issue by the Board on 29 December 2019.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2018 - 3).

3	Related party transactions

The Company maintains a current account for each director and the respective balances as at 31 March 2019 were as follows;-
Mr M Parrish owed the company £21,980 ( 31 March 2018 - owed the company £20,192)
Mr R Millett was owed by the company £14,559 (31 March 2018 - was owed by the company £9,000).

The balances are included within Debtors and Creditors as appropriate

Transactions with directors

2019	At 1 April 2018 £	Advances to directors £	At 31 March 2019 £
Mr Matthew Parrish
Overdrawn Directors Current Account	20,192	1,788	21,980

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ARC Installs Ltd

(Registration number: 07828603)
Balance Sheet as at 31 March 2019

2018	At 1 April 2017 £	Advances to directors £	At 31 March 2018 £
Mr Matthew Parrish
Overdrawn Directors Current Account	20,001	191	20,192

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 29 December 2019 and signed on its behalf by:
 

.........................................

Mr Matthew Parrish
Director

.........................................

Mr Richard Millet
Director

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