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REGISTERED NUMBER: 04944697 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

ARCADEEXTEND LIMITED

ARCADEEXTEND LIMITED (REGISTERED NUMBER: 04944697)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


ARCADEEXTEND LIMITED (REGISTERED NUMBER: 04944697)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 2,685,000 3,560,000

CURRENT ASSETS
Debtors 5 38,762 151,818
Cash at bank 44,232 16,743
82,994 168,561
CREDITORS
Amounts falling due within one year 6 (938,616 ) (684,664 )
NET CURRENT LIABILITIES (855,622 ) (516,103 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,829,378

3,043,897

CREDITORS
Amounts falling due after more than one
year

7

(864,900

)

(1,312,250

)

PROVISIONS FOR LIABILITIES - (31,885 )
NET ASSETS 964,478 1,699,762

CAPITAL AND RESERVES
Called up share capital 26 26
Fair value 32,778 445,164
Retained earnings 931,674 1,254,572
964,478 1,699,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 1 May 2025 and were signed on its behalf by:




P B Moorhead - Director


ARCADEEXTEND LIMITED (REGISTERED NUMBER: 04944697)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Arcadeextend Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04944697

Registered office: 15 West Street
Brighton
East Sussex
BN1 2RL

The presentation currency of the financial statements is the Pound Sterling (£).


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, in respect of rental income and other sundry receipts.

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.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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. EMPLOYEES

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

ARCADEEXTEND LIMITED (REGISTERED NUMBER: 04944697)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 3,560,000
Revaluations (875,000 )
At 30 September 2024 2,685,000
NET BOOK VALUE
At 30 September 2024 2,685,000
At 30 September 2023 3,560,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2024 (875,000 )
Cost 3,560,000
2,685,000

If investment properties had not been revalued, they would have been included at the historical cost £3,082,952 (2023: £3,082,952).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 29,360 41,705
Amounts owed by related companies 5,250 105,250
Other debtors 4,152 4,863
38,762 151,818

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 26,500 26,500
Trade creditors - 486
Amounts owed to related companies 529,000 249,000
Taxation and social security 31,998 15,220
Other creditors 351,118 393,458
938,616 684,664

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 864,900 1,312,250

ARCADEEXTEND LIMITED (REGISTERED NUMBER: 04944697)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 891,400 1,338,750

The loans are secured over the investment property.