Company Registration No. 12242643 (England and Wales)
Aris Cnd Ltd
Unaudited accounts
for the period from 3 October 2019 to 31 October 2020
Aris Cnd Ltd
Unaudited accounts
Contents
Aris Cnd Ltd
Company Information
for the period from 3 October 2019 to 31 October 2020
Directors
Alina-Florentina Niculescu
Mahesh Chand
Company Number
12242643 (England and Wales)
Registered Office
122 Upton Lane
London
E7 9LW
Aris Cnd Ltd
Statement of financial position
as at
31 October 2020
Cash at bank and in hand
4,632
Creditors: amounts falling due within one year
(36,525)
Net current assets
25,707
Total assets less current liabilities
39,007
Creditors: amounts falling due after more than one year
(25,000)
Called up share capital
100
Profit and loss account
13,907
Shareholders' funds
14,007
For the period ending 31 October 2020 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 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 of Directors and authorised for issue on 1 February 2021 and were signed on its behalf by
Alina-Florentina Niculescu
Director
Company Registration No. 12242643
Aris Cnd Ltd
Notes to the Accounts
for the period from 3 October 2019 to 31 October 2020
Aris Cnd Ltd is a private company, limited by shares, registered in England and Wales, registration number 12242643. The registered office is 122 Upton Lane, London, E7 9LW.
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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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
25% reducing balance
Fixtures & fittings
25% reducing balance
Government grants received are credited to profit and loss account over the period to which they relate.
Aris Cnd Ltd
Notes to the Accounts
for the period from 3 October 2019 to 31 October 2020
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
12,200
5,533
17,733
At 31 October 2020
12,200
5,533
17,733
Charge for the period
3,050
1,383
4,433
At 31 October 2020
3,050
1,383
4,433
At 31 October 2020
9,150
4,150
13,300
7
Creditors: amounts falling due within one year
2020
Taxes and social security
142
Loans from directors
36,383
8
Creditors: amounts falling due after more than one year
2020
9
Average number of employees
During the period the average number of employees was 2.