REGISTERED NUMBER: 14447466 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ARRABONA HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Horvath

D Polasik

REGISTERED OFFICE:

115c Milton Road

Cambridge

United Kingdom

CB4 1XE

REGISTERED NUMBER:

14447466 (England and Wales)

ACCOUNTANTS:

Prentis & Co LLP

Chartered Accountants

115c Milton Road

Cambridge

CB4 1XE

FIXED ASSETS

Tangible assets

4

3,822

5,096

Investment property

5

100,478

100,478

104,300

105,574

CURRENT ASSETS

Debtors

6

449

1,417

Cash at bank

9,800

553

10,249

1,970

CREDITORS

Amounts falling due within one year

7

54,346

111,733

NET CURRENT LIABILITIES

(44,097

)

(109,763

)

TOTAL ASSETS LESS CURRENT LIABILITIES

60,203

(4,189

)

CREDITORS

Amounts falling due after more than one year

8

76,930

-

NET LIABILITIES

(16,727

)

(4,189

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(16,827

)

(4,289

)

(16,727

)

(4,189

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2025 and were signed on its behalf by:

G Horvath - Director

1.	STATUTORY INFORMATION

Arrabona Homes 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.	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.

The financial statements include the results of the company's operations all of which are continuing. The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31st October 2024 the company's current liabilities exceeded its current assets by £44,097 and total liabilities of the company were £131,276. The company is reliant upon the continued support of its directors, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided as necessary to enable the company to continue as a going concern.

Turnover

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

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 November 2023

and 31 October 2024

6,000

DEPRECIATION

At 1 November 2023

904

Charge for year

1,274

At 31 October 2024

2,178

NET BOOK VALUE

At 31 October 2024

3,822

At 31 October 2023

5,096

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2023

and 31 October 2024

100,478

NET BOOK VALUE

At 31 October 2024

100,478

At 31 October 2023

100,478

A fixed charge has been registered against the mortgage of the investment property. The beneficiaries are Charter Court Financial Services Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Directors' current accounts

449

-

VAT

-

1,417

449

1,417

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other loans

7,092

-

Amounts owed to group undertakings

37,654

36,678

VAT

60

-

Other creditors

-

71,000

Directors' current accounts

-

230

Accruals and deferred income

9,540

3,825

54,346

111,733

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other loans - 1-2 years

7,092

-

Other loans - 2-5 years

21,275

-

Other loans more 5yrs instal

48,563

-

76,930

-

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

48,563

-

9.	ULTIMATE CONTROLLING PARTY