Arc Industrial Services Limited - Accounts to registrar (filleted) - small 18.1

Arc Industrial Services Limited - Accounts to registrar (filleted) - small 18.1

ARC INDUSTRIAL SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 07336158 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

ARC INDUSTRIAL SERVICES LIMITED
ARC INDUSTRIAL SERVICES LIMITED (REGISTERED NUMBER: 07336158)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ARC INDUSTRIAL SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2017







DIRECTORS: R C F Bowles
A E Nightingale





REGISTERED OFFICE: Pearl Buildings
Stephenson Street
Willington Quay
Wallsend
Tyne and Wear
NE28 6UE





REGISTERED NUMBER: 07336158 (England and Wales)





ACCOUNTANTS: Robson Laidler Accountants Limited
Fernwood House
Fernwood Road
Jesmond
Newcastle upon Tyne
NE2 1TJ
Page 1
ARC INDUSTRIAL SERVICES LIMITED (REGISTERED NUMBER: 07336158)

BALANCE SHEET
31 DECEMBER 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Debtors 3 440 440

CREDITORS
Amounts falling due within one year 4 189,929 189,929
NET CURRENT LIABILITIES (189,489 ) (189,489 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(189,489
)
(189,489
)

CAPITAL AND RESERVES
Called up share capital 490 490
Retained earnings (189,979 ) (189,979 )
SHAREHOLDERS' FUNDS (189,489 ) (189,489 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 26 April 2018 and were signed on its
behalf by:





A E Nightingale - Director


The notes form part of these financial statements

Page 2
ARC INDUSTRIAL SERVICES LIMITED (REGISTERED NUMBER: 07336158)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017

1. STATUTORY INFORMATION

Arc Industrial Services 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis which, in the opinion of the
director, is the appropriate basis. The company's ability to continue trading is dependent upon the
ongoing support of its shareholders and the bank. In the event that the company is unable to continue
trading, adjustments would have to be made to reduce the value of assets to their recoverable amount.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors 440 440

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other creditors 189,929 189,929

Page 3