Companies House iXbrl

ARETE FINANCIAL LTD - Company Information

Print Friendly Version

Registered number: 10548876

Arete Financial Ltd

Unaudited Financial Statements

for the year ended 31 January 2022

Statement of Financial Position

as at 31 January 2022

2022

2021

Called up share capital not paid

Fixed assets

288

803

Current assets

22,749

38,020

Prepayments and accrued income

Creditors: amounts falling due within one year

( 10,465 )

( 5,535 )

Net current assets (liabilities)

12,284

32,485

Total assets less current liabilities

12,572

33,288

Creditors: amounts falling due after more than one year

Provisions for liabilities

Accruals and deferred income

Net assets

12,572

33,288

Capital and reserves

12,572

33,288

xbrli:pure 10548876 2021-02-01 2022-01-31 10548876 2020-02-01 2021-01-31 10548876 2022-01-31 10548876 2021-01-31 10548876 2021-02-01 10548876 uk-frs102:WithinOneYear 2022-01-31 10548876 uk-frs102:AfterOneYear 2022-01-31 10548876 uk-frs102:WithinOneYear 2021-01-31 10548876 uk-frs102:AfterOneYear 2021-01-31 10548876 uk-bus:AuditExempt-NoAccountantsReport 2021-02-01 2022-01-31 10548876 uk-bus:AbbreviatedAccounts 2021-02-01 2022-01-31 10548876 uk-bus:Director1 1 2021-02-01 2022-01-31 10548876 uk-bus:Director1 2021-02-01 2022-01-31 10548876 uk-bus:Director1 1 2021-02-01 10548876 uk-bus:Director1 1 2022-01-31 10548876 uk-bus:Micro-entities 2021-02-01 2022-01-31 10548876 uk-bus:PrivateLimitedCompanyLtd 2021-02-01 2022-01-31 iso4217:GBP 10548876 countries:EnglandWales 2021-02-01 2022-01-31 10548876 uk-bus:RegisteredOffice 2021-02-01 2022-01-31

Footnotes to the Statement of Financial Position

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 1.

3. Directors’ benefits: advances, credit and guarantees

The Director Claire Risby, has no amount owing to the company at the opening or closing date of the Statement of Financial Position.

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 31/01/2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of Companies Act 2006 with respect to accounting records and the preparation of accounts