Company Registration No. 09902667 (England and Wales)
AR GLOBAL SERVICES LIMITED
Unaudited accounts
for the year ended 31 December 2021
AR GLOBAL SERVICES LIMITED
Unaudited accounts
Contents
AR GLOBAL SERVICES LIMITED
Statement of financial position
as at
31 December 2021
Tangible assets
4,298
5,372
Inventories
174,070
174,070
Cash at bank and in hand
3,004
6,105
Creditors: amounts falling due within one year
(209,391)
(206,512)
Net current (liabilities)/assets
(3,903)
2,186
Total assets less current liabilities
395
7,558
Creditors: amounts falling due after more than one year
(22,569)
(23,000)
Net liabilities
(22,174)
(15,442)
Profit and loss account
(22,274)
(15,542)
Shareholders' funds
(22,174)
(15,442)
For the year ending 31 December 2021 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 June 2022 and were signed on its behalf by
Arfan Rashid
Director
Company Registration No. 09902667
AR GLOBAL SERVICES LIMITED
Notes to the Accounts
for the year ended 31 December 2021
AR GLOBAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09902667. The registered office is 54 CAMBRIDGE ROAD, ILFORD, ESSEX, IG3 8LX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 31 December 2021
10,236
Charge for the year
1,074
At 31 December 2021
5,938
At 31 December 2021
4,298
At 31 December 2020
5,372
AR GLOBAL SERVICES LIMITED
Notes to the Accounts
for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
14,215
14,215
Other debtors
14,199
14,308
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
402
468
Loans from directors
208,348
205,921
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 4 (2020: 4).