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Company No: 10574137 (England and Wales)

ARRAKIS TRADING LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2025
Pages for filing with the registrar

ARRAKIS TRADING LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2025

Contents

ARRAKIS TRADING LIMITED

COMPANY INFORMATION

For the financial year ended 31 January 2025
ARRAKIS TRADING LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 January 2025
DIRECTOR J J Raymond
REGISTERED OFFICE 165 Fleet Street
London
EC4A 2DY
United Kingdom
COMPANY NUMBER 10574137 (England and Wales)
ACCOUNTANT S&W Partners LLP
Onslow House
Onslow Street
Guildford
GU1 4TL
ARRAKIS TRADING LIMITED

BALANCE SHEET

As at 31 January 2025
ARRAKIS TRADING LIMITED

BALANCE SHEET (continued)

As at 31 January 2025
Note 2025 2024
£ £
Fixed assets
Investments 3 74,200 0
74,200 0
Current assets
Debtors
- due within one year 4 996 130
- due after more than one year 4 63,675 0
Cash at bank and in hand 161 423
64,832 553
Creditors: amounts falling due within one year 5 ( 170,005) ( 25,769)
Net current liabilities (105,173) (25,216)
Total assets less current liabilities (30,973) (25,216)
Net liabilities ( 30,973) ( 25,216)
Capital and reserves
Called-up share capital 6 54,630 54,630
Profit and loss account ( 85,603 ) ( 79,846 )
Total shareholders' deficit ( 30,973) ( 25,216)

For the financial year ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Arrakis Trading Limited (registered number: 10574137) were approved and authorised for issue by the Director on 28 May 2025. They were signed on its behalf by:

J J Raymond
Director
ARRAKIS TRADING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2025
ARRAKIS TRADING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Arrakis Trading Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 165 Fleet Street, London, EC4A 2DY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Arrakis Trading Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The director has made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

The company is currently reliant on the ongoing support of the director. This support has been confirmed for the foreseeable future including a period of at least one year from the signing of these accounts.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, 0 0

3. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 01 February 2024 0 0
Additions 74,200 74,200
At 31 January 2025 74,200 74,200
Carrying value at 31 January 2025 74,200 74,200
Carrying value at 31 January 2024 0 0

4. Debtors

2025 2024
£ £
Debtors: amounts falling due within one year
Amounts owed by Group undertakings 996 0
Amounts owed by director 0 130
996 130
Debtors: amounts falling due after more than one year
Other debtors 63,675 0

5. Creditors: amounts falling due within one year

2025 2024
£ £
Amounts owed to director 140,870 0
Accruals 4,620 4,356
Other creditors 24,515 21,413
170,005 25,769

6. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
54,600 A Ordinary shares of £1.00 each shares of £ 1.00 each 54,600 54,600
30 B Ordinary shares of £1.00 each shares of £ 1.00 each 30 30
54,630 54,630

The Class B Shares are non-voting shares.

7. Related party transactions

Transactions with the entity's director

At the year end an amount of £140,870 (2024: £130 owed by) owed to the director to the company. It is interest free and repayable on demand.

Other related party transactions

During the year, a company under common control paid net expenses on behalf of the company totalling £3,102 (2024: £3,973). At the year end, the company owed this company an amount of £24,515 (2023: £21,413). These amounts are unsecured, interest free and with no set date for repayment.

During the year, Cardiff Data Investments owed the company £996. Cardiff Data Investments is owned by the director.