REGISTERED NUMBER: 09044629 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Arimon Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

4

1,380,388

1,287,453

Tangible assets

5

-

-

Investments

6

7,658

7,658

1,388,046

1,295,111

Current assets

Debtors

7

606,446

234,664

Cash at bank

428,199

-

1,034,645

234,664

Creditors: amounts falling due within one year

8

(1,375,504

)

(1,337,446

)

Net current liabilities

(340,859

)

(1,102,782

)

Total assets less current liabilities

1,047,187

192,329

Creditors: amounts falling due after more than one year

9

(265,468

)

(82,301

)

Net assets

781,719

110,028

Capital and reserves

Called up share capital

2,867

2,581

Share premium

11

1,868,838

1,078,615

Retained earnings

11

(1,089,986

)

(971,168

)

Shareholders' funds

781,719

110,028

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 17 September 2025 and were signed on its behalf by:

Arindom Basu - Director

Mrs Nandita Basu - Director

1.	Statutory information

Arimon 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:

09044629

Registered office:

84 Richmond Road

London

SW20 0PD

2.	Accounting policies

Basis of preparing the financial statements

Turnover

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

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.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Research and development

Research and Development costs, being the amount spent on internal and external costs to develop the software that is sold to customers, is capitalised and stated at cost less accumulated amortisation and any impairment losses."

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 9 (2024 - 3 ) .

4.	Research and development

Development

costs

£

Cost

At 1 April 2024

2,737,340

Additions

710,281

At 31 March 2025

3,447,621

Amortisation

At 1 April 2024

1,449,887

Amortisation for year

617,346

At 31 March 2025

2,067,233

Net book value

At 31 March 2025

1,380,388

At 31 March 2024

1,287,453

5.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 April 2024

and 31 March 2025

21,345

Depreciation

At 1 April 2024

and 31 March 2025

21,345

Net book value

At 31 March 2025

-

At 31 March 2024

-

6.	Fixed asset investments

Interest in

other

participating

interests

£

Cost

At 1 April 2024

and 31 March 2025

7,658

Net book value

At 31 March 2025

7,658

At 31 March 2024

7,658

7.

Debtors: amounts falling due within one year

31.3.25

31.3.24

£

£

Trade debtors

194,292

58,839

Security Deposit/ Advance Rent

170,280

115,244

Staff loans

-

200

Tax

60,381

60,381

Prepayments and accrued income

181,493

-

606,446

234,664

8.

Creditors: amounts falling due within one year

31.3.25

31.3.24

£

£

Bank overdrafts (see note 10)

-

5,808

Other loans (see note 10)

62,190

-

Trade creditors

222,618

42,971

Amounts owed to group undertakings

528,965

351,272

Social security and other taxes

92,135

65,499

VAT

24,089

19,664

Other creditors

192,236

609,600

Deferred Income

253,271

242,632

1,375,504

1,337,446

9.

Creditors: amounts falling due after more than one year

31.3.25

31.3.24

£

£

HSBC Bounceback Loan

25,942

37,301

Funding Circle Loan

221,834

-

Iwoca Loan

17,692

-

Gauri Gupta

-

45,000

265,468

82,301

10.

Loans

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

5,808

HSBC Bounceback Loan

5,775

-

Funding Circle Loan

29,686

-

Iwoca Loan

26,729

-

62,190

5,808

11.

Reserves

Retained

Share

earnings

premium

Totals

£

£

£

At 1 April 2024

(971,168

)

1,078,615

107,447

Deficit for the year

(118,818

)

(118,818

)

Revaluation Reserves

-

790,223

790,223

At 31 March 2025

(1,089,986

)

1,868,838

778,852