ARBEN BUILDING CONTRACTORS LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05661189

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		56,393		41,033

			56,393		41,033
CURRENT ASSETS
Debtors	5	17,060		4,539
Cash at bank and in hand		162,758		177,956

		179,818		182,495
Creditors: Amounts Falling Due Within One Year	6	(99,948 )		(59,002 )

NET CURRENT ASSETS (LIABILITIES)			79,870		123,493

TOTAL ASSETS LESS CURRENT LIABILITIES			136,263		164,526

Creditors: Amounts Falling Due After More Than One Year	7		(31,159 )		(31,997 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(8,106 )		(3,884 )

NET ASSETS			96,998		128,645

CAPITAL AND RESERVES
Called up share capital	9		200		200
Profit and Loss Account			96,798		128,445

SHAREHOLDERS' FUNDS			96,998		128,645

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ARBEN BUILDING CONTRACTORS LIMITED

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A Nela

Director

12/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

ARBEN BUILDING CONTRACTORS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 05661189 . The registered office is 1 Graham Gardens, Surbiton, KT6 6LT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% on reducing balance
Fixtures & Fittings	20% on reducing balance
Computer Equipment	25% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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ARBEN BUILDING CONTRACTORS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2023: 7)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	78,687	2,327	14,617	95,631
Additions	26,500	-	2,163	28,663
Disposals	-	-	(625 )	(625 )

As at 31 December 2024	105,187	2,327	16,155	123,669

Depreciation
As at 1 January 2024	41,274	1,346	11,978	54,598
Provided during the period	11,010	206	2,087	13,303
Disposals	-	-	(625 )	(625 )

As at 31 December 2024	52,284	1,552	13,440	67,276

Net Book Value
As at 31 December 2024	52,903	775	2,715	56,393

As at 1 January 2024	37,413	981	2,639	41,033

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	11,425	400
Other debtors	5,635	4,139

	17,060	4,539

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	7,078	3,239
Trade creditors	20,780	8,400
Bank loans and overdrafts	9,998	9,998
Other creditors	52,930	18,286
Taxation and social security	9,162	19,079

	99,948	59,002

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ARBEN BUILDING CONTRACTORS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	26,157	16,995
Bank loans	5,002	15,002

	31,159	31,997

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2024	2023
	£	£
Other timing differences	8,106	3,884

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	200	200

10. Related Party Transactions

During the year a total of £52,000 ( 2023: £48,000) dividends were paid to directors.

A further £4,000 ( 2023: £12,000) dividends were paid to other shareholders.

At the year end the directors were owed £8,711 (2023: £10,634) by the company. The loans are interest free and carry no fixed term of repayment.

11. Ultimate Controlling Party

The controlling party is A Nela and K Sadiku.

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