Arcal Print Limited Filleted accounts for Companies House (small and micro)
Arcal Print Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
10534519
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Abridged Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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– |
Current assets
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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-------- |
-------- |
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Net current assets |
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-------- |
------- |
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Total assets less current liabilities |
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-------- |
------- |
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Net assets |
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-------- |
------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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-------- |
------- |
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Shareholders funds |
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-------- |
------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
22 September 2020
, and are signed on behalf of the board by:
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Director |
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Company registration number:
10534519
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Notes to the Abridged Financial Statements |
Year ended 31 December 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 222 Darlaston Road, Wednesbury, WS10 7TQ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
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:
Plant and machinery |
- |
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Impairment of fixed assets
Financial instruments
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. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. 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
£ |
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Cost |
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At 1 January 2019 |
– |
Additions |
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------- |
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At 31 December 2019 |
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------- |
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Depreciation |
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At 1 January 2019 |
– |
Charge for the year |
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------- |
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At 31 December 2019 |
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------- |
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Carrying amount |
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At 31 December 2019 |
3,783 |
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At 31 December 2018 |
– |
------- |
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5.
Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2019 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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---- |
---- |
---- |
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2018 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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---- |
---- |
---- |
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6.
Related party transactions
The company was under the control of Miss T Turner throughout the current year. Miss T Turner is also the managing director and the 100% shareholder. Miss T Turner is also the 100% shareholder of Wittic Print Specialists Ltd, thus being a connected company defined by section 346 of the Companies Act 1985 in so far as the directors are also directors/shareholders of this company. The company has not entered into any related party transactions with its connected company during the year.