REGISTERED NUMBER: 06608905 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Archguild Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Mr A F A Pabani

REGISTERED OFFICE:

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

REGISTERED NUMBER:

06608905 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Archguild Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Archguild Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Archguild Limited and state those matters that we have agreed to state to the director of Archguild Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Archguild Limited and its director for our work or for this report.

It is your duty to ensure that Archguild Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Archguild Limited. You consider that Archguild Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Archguild Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

26 September 2025

FIXED ASSETS

Tangible assets

4

22,576

25,085

Investment property

5

4,095,000

4,095,000

4,117,576

4,120,085

CURRENT ASSETS

Debtors

6

353,119

434,495

Cash at bank and in hand

9,206

4,740

362,325

439,235

CREDITORS

Amounts falling due within one year

7

2,300,290

1,007,285

NET CURRENT LIABILITIES

(1,937,965

)

(568,050

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,179,611

3,552,035

CREDITORS

Amounts falling due after more than one year

8

(197,054

)

(1,572,383

)

PROVISIONS FOR LIABILITIES

(186,790

)

(163,056

)

NET ASSETS

1,795,767

1,816,596

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,795,766

1,816,595

1,795,767

1,816,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 September 2025 and were signed by:

Mr A F A Pabani - Director

1.	STATUTORY INFORMATION

Archguild 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents rental income from UK properties owned by the company and is recognised on a straight line basis over the term of the lease.

Tangible fixed assets

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

Plant and machinery etc

-

10% on reducing balance

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 ' Basic Financial Instruments' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

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.

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 1 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

and 30 September 2024

274,129

DEPRECIATION

At 1 October 2023

249,044

Charge for year

2,509

At 30 September 2024

251,553

NET BOOK VALUE

At 30 September 2024

22,576

At 30 September 2023

25,085

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

and 30 September 2024

4,095,000

NET BOOK VALUE

At 30 September 2024

4,095,000

At 30 September 2023

4,095,000

In the opinion of the director, the carrying amount of the investment property is not materially different from it's open market value at the balance sheet date.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

£

Trade debtors

52,249

35,009

Amounts owed by group undertakings

238,015

392,131

Other debtors

62,855

7,355

353,119

434,495

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

£

Bank loans and overdrafts

1,559,591

247,392

Trade creditors

17,394

5,851

Amounts owed to group undertakings

481,927

575,885

Taxation and social security

140,062

132,025

Other creditors

101,316

46,132

2,300,290

1,007,285

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/9/24

30/9/23

£

£

Bank loans

-

1,375,329

Other creditors

197,054

197,054

197,054

1,572,383

The company’s borrowings from West One Loan Limited are secured by a fixed charge over all present freehold and leasehold property of the company. In addition, a floating charge has been granted over the whole of the company’s undertaking and assets, together with a negative pledge. The chargor acts as bare trustee for the property subject to the charge. At the reporting date, the outstanding liability secured by these charges amounted to £1,555,518..

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director by virtue of his indirect shareholding in the company's issued share capital.