REGISTERED NUMBER: 09211643 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

ARROWS GROUP GLOBAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J W Parsons

REGISTERED OFFICE:

81 Rivington Street

London

EC2A 3AY

REGISTERED NUMBER:

09211643 (England and Wales)

AUDITORS:

Thorne Lancaster Parker

Chartered Accountants &

Statutory Auditors

5th Floor

Palladium House

1-4 Argyll Street

London

W1F 7TA

FIXED ASSETS

Investments

5

1,637,747

1,617,962

CURRENT ASSETS

Debtors

6

242,722

329,517

Cash at bank

375

525

243,097

330,042

CREDITORS

Amounts falling due within one year

7

(753,624

)

(825,043

)

NET CURRENT LIABILITIES

(510,527

)

(495,001

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,127,220

1,122,961

CAPITAL AND RESERVES

Called up share capital

8

1,396

1,396

Share premium

358

358

Retained earnings

1,125,466

1,121,207

SHAREHOLDERS' FUNDS

1,127,220

1,122,961

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 director and authorised for issue on 23 September 2025 and were signed by:

J W Parsons - Director

1.	STATUTORY INFORMATION

Arrows Group Global Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries

Investments in subsidiaries are accounted for at cost less impairment in the individual financial statements.

Other fixed asset investments are minority shareholdings and are held at cost, being reviewed on an annual

basis for impairment.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial

assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans

to related parties and investments in ordinary shares.

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.

Going concern

As described in the financial statements the company has net current liabilities of £510,527. The company is dependent upon continued support of its parent and fellow subsidiaries in order to meet its day to day working capital requirements.

The company's parent undertaking has indicated that it will continue to support the company for a period of at least 12 months from the approval date of the financial statements.

The financial statements have been prepared on a going concern basis, supported by detailed cash flow forecasts through to 31 December 2027. The Group's rolling £6m invoice discounting facility provides sufficient headroom for at least the next 12 months. Management has performed scenario testing (reduced gross profit, increased debtor days) and remains confident in the Group's ability to continue as a going concern. In addition the Group have the ability to scale back costs quickly through its offshore operations should the need arise to reduce costs further in response to deteriorating market conditions.

Based on the above and taking into account the improved group trading post year end, the directors consider it appropriate to prepare the financial statements on a going concern basis. If the company were unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, to provide for further liabilities that might arise and to reclassify any fixed assets and long-term liabilities as current assets and liabilities.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

5.	FIXED ASSET INVESTMENTS

Shares in

group

Unlisted

undertakings

investments

Totals

£

£

£

COST

At 1 January 2024

1,532,937

85,025

1,617,962

Additions

-

19,785

19,785

At 31 December 2024

1,532,937

104,810

1,637,747

NET BOOK VALUE

At 31 December 2024

1,532,937

104,810

1,637,747

At 31 December 2023

1,532,937

85,025

1,617,962

Direct subsidiary undertakings

The following were direct subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holdinig

Arrows Group Professional Limited

81 Rivington Street, London, EC2A 3AY

Ordinary

100%

Arrow group BV

Herengracht 545, 1017BW,Amsterdam

Ordinary

100%

Arrows Group GmbH

Theresienhöhe 28, 80339München

Ordinary

100%

Arrows Global Services India Private Limited

47 Delhi Jaipur Rd, UdyogVilhar Phase IV, Gurgaon122015

Ordinary

100%

Boosta Limited

81 Rivington Street, London, EC2A 3AY

Ordinary

100%

Caissa Limited

81 Rivington Street, London, EC2A 3AY

Ordinary

100%

Caissa Europe GmbH (100% subsidiary of Caissa Ltd)

Friedrichstr. 68,10117 Berlin,Germany

Ordinary

100%

Build Circle Limited

81 Rivington Street, London, EC2A 3AY

Ordinary

100%

On 5 July 2022, Arrows Group Global Limited acquired 100% of the share capital of Build Circle Limited for consideration of £1,279,550. The net assets of the time of acquisition totalled £813,416 resulting in goodwill of £466,134.

The following subsidiaries are exempt from the requirements of the UK Companies Act 2006 relating to the audit of individual accounts by virtue of s479A of the Act.

- Boosta Limited

- Caissa Limited

Other fixed asset investments

Name

Registered office

Class of share

Holding

Unibeez Ltd

The Station House, 15Station Road, St Ives,Cambridgeshire, UnitedKingdom, PE27 5BH

Ordinary

2.09%

Elective Technology Ltd

2 Infirmary Street, Leeds,England, LS1 2JP

Ordinary

3.65%

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

242,232

301,832

Other debtors

490

20,321

Deferred tax asset

-

7,364

242,722

329,517

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

62,240

Amounts owed to group undertakings

742,624

751,803

Accruals and deferred income

11,000

11,000

753,624

825,043

The bank loan is solely in relation to a Coronavirus Business Interruption Loan, which was entered into in April 2020. The loan was interest free for the first 12 months then interest has been charged at 3% above the base rate. The final payment date is 48 months after the loan was drawn.

The bank loan was secured over the assets of the Company

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

139,616

Ordinary

£0.01

1,396

1,396

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

We draw attention to the disclosures made in note 3 in the financial statements and the directors report concerning the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter

Neil Usher BA(Hons) FCA (Senior Statutory Auditor)

for and on behalf of Thorne Lancaster Parker

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	ULTIMATE PARENT UNDERTAKING

The Directors consider the ultimate parent undertaking of the company to be Majar Holdco Limited, a company incorporated in England and Wales, whose registered office is 81 Rivington Street, London, England, EC2A 3AY.

The largest and smallest group of undertakings for which the group accounts have been drawn up is that headed by Majar Holdco Limited. The consolidated accounts of the parent company are available to the public and may be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.