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Unaudited Financial Statements for the Year Ended 31 October 2021 |
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The Arlo Group UK Limited |
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Unaudited Financial Statements for the Year Ended 31 October 2021 |
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for |
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The Arlo Group UK Limited |
The Arlo Group UK Limited (Registered number: 04199059) |
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Contents of the Financial Statements |
for the Year Ended 31 October 2021 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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Certified Accountants' Report | 5 |
The Arlo Group UK Limited |
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Company Information |
for the Year Ended 31 October 2021 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Certified Accountants |
4 Park Square |
Newton Chambers Road |
Chapeltown |
Sheffield |
South Yorkshire |
S35 2PH |
The Arlo Group UK Limited (Registered number: 04199059) |
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Balance Sheet |
31 October 2021 |
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31.10.21 | 31.10.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
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CURRENT ASSETS |
Debtors | 5 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 6 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
7 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Capital contribution reserve | 9 |
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Retained earnings | 9 | ( |
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SHAREHOLDERS' FUNDS |
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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. |
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In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
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The financial statements were approved by the Board of Directors and authorised for issue on
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The Arlo Group UK Limited (Registered number: 04199059) |
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Notes to the Financial Statements |
for the Year Ended 31 October 2021 |
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1. | STATUTORY INFORMATION |
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The Arlo Group UK Limited is a
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
The accounts have been prepared on a going concern basis, as the company has and will continue to receive funds for further investment and support from its Shareholders who are committed to its long term sustainability |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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Tangible fixed assets |
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Fixtures,fittings & equip | - |
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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. |
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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. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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4. | TANGIBLE FIXED ASSETS |
Fixtures,fittings |
& equip |
£ |
COST |
At 1 November 2020 |
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Additions |
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At 31 October 2021 |
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DEPRECIATION |
At 1 November 2020 |
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Charge for year |
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At 31 October 2021 |
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NET BOOK VALUE |
At 31 October 2021 |
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At 31 October 2020 |
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5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.21 | 31.10.20 |
£ | £ |
Tax |
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Prepayments and accrued income |
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The Arlo Group UK Limited (Registered number: 04199059) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 October 2021 |
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6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.21 | 31.10.20 |
£ | £ |
Tax |
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Pension contributions payable | 345 | - |
Directors' current accounts | 3,228 | 3,230 |
Accruals and deferred income |
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Creditors & accruals |
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7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.10.21 | 31.10.20 |
£ | £ |
Bank loans (see note 8) |
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8. | LOANS |
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An analysis of the maturity of loans is given below: |
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31.10.21 | 31.10.20 |
£ | £ |
Amounts falling due between one and two years: |
Bank loans - 1-2 years |
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9. | RESERVES |
Capital |
Retained | contribution |
earnings | reserve | Totals |
£ | £ | £ |
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At 1 November 2020 |
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17,298 |
Deficit for the year | ( |
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Received in the period | - | 370,852 | 370,852 |
At 31 October 2021 | ( |
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78,346 |
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The capital contribution represents contributions of capital made by the Company's parent company |
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10. | ULTIMATE CONTROLLING PARTY |
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The controlling party is Wealth Management Partners Group Uk Limited. |
Certified Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
The Arlo Group UK Limited |
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The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Arlo Group UK Limited for the year ended 31 October 2021 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
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As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
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This report is made solely to the Board of Directors of The Arlo Group UK Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Arlo Group UK Limited and state those matters that we have agreed to state to the Board of Directors of The Arlo Group UK Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
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It is your duty to ensure that The Arlo Group UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Arlo Group UK Limited. You consider that The Arlo Group UK Limited is exempt from the statutory audit requirement for the year. |
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We have not been instructed to carry out an audit or a review of the financial statements of The Arlo Group UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
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Chartered Certified Accountants |
4 Park Square |
Newton Chambers Road |
Chapeltown |
Sheffield |
South Yorkshire |
S35 2PH |
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