Company No:
Contents
| 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 |
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Fixed assets | ||||
| Investments | 3 |
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| 74,200 | 0 | |||
| Current assets | ||||
| Debtors | ||||
| - due within one year | 4 |
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| - due after more than one year | 4 |
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| Cash at bank and in hand |
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| 64,832 | 553 | |||
| Creditors: amounts falling due within one year | 5 | (
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| Net current liabilities | (105,173) | (25,216) | ||
| Total assets less current liabilities | (30,973) | (25,216) | ||
| Net liabilities | (
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| Capital and reserves | ||||
| Called-up share capital | 6 |
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| Profit and loss account | (
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| Total shareholders' deficit | (
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Director's responsibilities:
The financial statements of Arrakis Trading Limited (registered number:
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J J Raymond
Director |
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.
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.
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.
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 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.
| 2025 | 2024 | ||
| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, |
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| Other investments | Total | ||
| £ | £ | ||
| Cost or valuation before impairment | |||
| At 01 February 2024 |
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| Additions |
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| At 31 January 2025 |
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| Carrying value at 31 January 2025 |
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| Carrying value at 31 January 2024 |
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| 2025 | 2024 | ||
| £ | £ | ||
| Debtors: amounts falling due within one year | |||
| Amounts owed by Group undertakings |
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| Amounts owed by director |
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| Debtors: amounts falling due after more than one year | |||
| Other debtors |
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| 2025 | 2024 | ||
| £ | £ | ||
| Amounts owed to director |
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| Accruals |
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| Other creditors |
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| 2025 | 2024 | ||
| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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| 54,630 | 54,630 |
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.