The Arcade Furnishers Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 00342409 (England and Wales)

THE ARCADE FURNISHERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 10TH JANUARY 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M W Seaman-Hill

Mr A W Goodwin

REGISTERED OFFICE:

5 Gernon Walk

Letchworth Garden City

Hertfordshire

SG6 3HW

REGISTERED NUMBER:

00342409 (England and Wales)

ACCOUNTANTS:

Keens Shay Keens Limited

5 Gernon Walk

Letchworth Garden City

Hertfordshire

SG6 3HW

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

-

-

Investments

7

1

1

1

1

CURRENT ASSETS

Debtors

8

502,559

532,193

Cash at bank

509,857

507,497

1,012,416

1,039,690

CREDITORS

Amounts falling due within one year

9

45,134

69,022

NET CURRENT ASSETS

967,282

970,668

TOTAL ASSETS LESS CURRENT LIABILITIES

967,283

970,669

CAPITAL AND RESERVES

Called up share capital

10

15,840

15,840

Retained earnings

951,443

954,829

SHAREHOLDERS' FUNDS

967,283

970,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 10th January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 10th January 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 29th October 2017 and were signed on its behalf by:

Mr M W Seaman-Hill - Director

1.	STATUTORY INFORMATION

The Arcade Furnishers Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	STATEMENT OF COMPLIANCE

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

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents the total value of rents receivable during the year and derives from the company's

ordinary activities.

Goodwill

Goodwill has been amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Investments

Investments in unlisted company shares, whose market value cannot be reliably determined, are stated

at historical cost less impairment.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 11th January 2016

and 10th January 2017

100

AMORTISATION

At 11th January 2016

and 10th January 2017

100

NET BOOK VALUE

At 10th January 2017

-

At 10th January 2016

-

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 11th January 2016

and 10th January 2017

922

DEPRECIATION

At 11th January 2016

and 10th January 2017

922

NET BOOK VALUE

At 10th January 2017

-

At 10th January 2016

-

7.	INVESTMENTS

Other

investments

£

COST

At 11th January 2016

and 10th January 2017

1

NET BOOK VALUE

At 10th January 2017

1

At 10th January 2016

1

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

502,559

532,193

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

-

977

Other creditors

45,134

68,045

45,134

69,022

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

15,840

Ordinary shares

£1

15,840

15,840

11.	FIRST YEAR ADOPTION

The company transitioned from the previously applied UK GAAP to FRS 102, Section 1A as at 11th

January 2015. The transition to FRS 102, Section 1A has not affected the reported financial position

and financial performance.