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REGISTERED NUMBER: 05378655 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

ARCADIAN WORLD LIMITED

ARCADIAN WORLD LIMITED (REGISTERED NUMBER: 05378655)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


ARCADIAN WORLD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







Directors: J Eliadis
H Scriven





Secretary: J Eliadis





Registered office: 1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF





Registered number: 05378655 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

ARCADIAN WORLD LIMITED (REGISTERED NUMBER: 05378655)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,335 2,225
Investments 6 26,709 23,889
Investment property 7 968,000 955,000
996,044 981,114

CURRENT ASSETS
Debtors 8 65,340 45,338
Cash at bank 282,665 276,220
348,005 321,558
CREDITORS
Amounts falling due within one year 9 77,492 65,736
NET CURRENT ASSETS 270,513 255,822
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,266,557

1,236,936

PROVISIONS FOR LIABILITIES 320 445
NET ASSETS 1,266,237 1,236,491

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,266,137 1,236,391
1,266,237 1,236,491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

ARCADIAN WORLD LIMITED (REGISTERED NUMBER: 05378655)

BALANCE SHEET - continued
31 MAY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 20 January 2025 and were signed on its behalf by:




J Eliadis - Director



H Scriven - Director


ARCADIAN WORLD LIMITED (REGISTERED NUMBER: 05378655)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Arcadian World 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

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 each asset over its estimated useful life.
Fixtures & Fittings - 20% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


ARCADIAN WORLD LIMITED (REGISTERED NUMBER: 05378655)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 June 2023
and 31 May 2024 30,000
Amortisation
At 1 June 2023
and 31 May 2024 30,000
Net book value
At 31 May 2024 -
At 31 May 2023 -

ARCADIAN WORLD LIMITED (REGISTERED NUMBER: 05378655)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


5. TANGIBLE FIXED ASSETS
Fixtures Computer
& Fittings equipment Totals
£    £    £   
Cost
At 1 June 2023
and 31 May 2024 283 8,181 8,464
Depreciation
At 1 June 2023 117 6,122 6,239
Charge for year 33 857 890
At 31 May 2024 150 6,979 7,129
Net book value
At 31 May 2024 133 1,202 1,335
At 31 May 2023 166 2,059 2,225

6. FIXED ASSET INVESTMENTS
Other
investments
£   
Cost or valuation
At 1 June 2023 23,889
Revaluations 2,820
At 31 May 2024 26,709
Net book value
At 31 May 2024 26,709
At 31 May 2023 23,889

Cost or valuation at 31 May 2024 is represented by:

Other
investments
£   
Valuation in 2024 26,709

ARCADIAN WORLD LIMITED (REGISTERED NUMBER: 05378655)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 June 2023 955,000
Revaluations 13,000
At 31 May 2024 968,000
Net book value
At 31 May 2024 968,000
At 31 May 2023 955,000

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2020 55,000
Valuation in 2021 60,000
Valuation in 2022 93,000
Valuation in 2023 40,000
Valuation in 2024 13,000
Cost 707,000
968,000

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 65,340 44,880
Other debtors - 458
65,340 45,338

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 534
Taxation and social security 63,146 51,952
Other creditors 14,346 13,250
77,492 65,736