Arunagiri UK Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06080907

Financial Statements for the Year Ended 31 March 2023

for

Arunagiri UK Ltd

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr S Sivasurathan

Mrs T Sivatheepan

REGISTERED OFFICE:

47-49 Baldwins Lane

Croxley Green

Rickmansworth

Hertfordshire

WD3 3LS

REGISTERED NUMBER:

06080907

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

& Statutory Auditors

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Tangible assets

4

286,309

289,850

CURRENT ASSETS

Stocks

5

65,600

75,600

Debtors

6

-

23,507

Cash at bank

1,127

7,660

66,727

106,767

CREDITORS

Amounts falling due within one year

7

(32,038

)

(38,068

)

NET CURRENT ASSETS

34,689

68,699

TOTAL ASSETS LESS CURRENT LIABILITIES

320,998

358,549

CREDITORS

Amounts falling due after more than one year

8

(216,220

)

(270,371

)

NET ASSETS

104,778

88,178

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

104,678

88,078

SHAREHOLDERS' FUNDS

104,778

88,178

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by:

Mr S Sivasurathan - Director

1.	STATUTORY INFORMATION

Arunagiri UK Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2022

239,390

232,875

15,640

487,905

Additions

-

15,251

-

15,251

At 31 March 2023

239,390

248,126

15,640

503,156

DEPRECIATION

At 1 April 2022

4,788

187,637

5,630

198,055

Charge for year

4,692

12,098

2,002

18,792

At 31 March 2023

9,480

199,735

7,632

216,847

NET BOOK VALUE

At 31 March 2023

229,910

48,391

8,008

286,309

At 31 March 2022

234,602

45,238

10,010

289,850

5.

STOCKS

31.3.23

31.3.22

£

£

Finished goods

65,600

75,600

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

-

4,128

Directors' current accounts

-

19,379

-

23,507

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade creditors

-

1,658

Tax

24,377

23,550

Social security and other taxes

4,142

10,466

VAT

496

2,390

Directors' current accounts

3,025

-

Pension creditors

(2

)

4

32,038

38,068

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.23

31.3.22

£

£

Bank loans (see note 9)

39,097

44,333

Amounts owed to group undertakings

26,400

34,500

Motor Lease

2,872

7,794

LDF Loan

26,389

43,056

Property Lease Mortgage

121,462

140,688

216,220

270,371

9.

LOANS

An analysis of the maturity of loans is given below:

31.3.23

31.3.22

£

£

Amounts falling due between one and two years:

BBL Loan

39,097

44,333

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

31.3.22

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1 April 2022

88,078

Profit for the year

28,600

Dividends

(12,000

)

At 31 March 2023

104,678