Aramat Developments Limited - Filleted accounts

Registered number

09990366

Aramat Developments Limited

Filleted Accounts

28 February 2025

Aramat Developments Limited
Registered number:		09990366
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	5		2,009			2,678
Investments	6		505,950			505,950
			507,959			508,628

Current assets
Cash at bank and in hand		3,348			2,608

Creditors: amounts falling due within one year	7	(67,753)			(75,513)

Net current liabilities			(64,405)			(72,905)

Total assets less current liabilities			443,554			435,723

Creditors: amounts falling due after more than one year	8		(450,984)			(461,169)



Net liabilities			(7,430)			(25,446)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(7,530)			(25,546)

Shareholders' funds			(7,430)			(25,446)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs MR Butler		Mrs MR Butler
Director		Director
Approved by the board on 1 September 2025

Aramat Developments Limited
Notes to the Accounts
for the year ended 28 February 2025


1	Other information

	The company is a private company limited by share capital, incorporated in England and Wales.
	These financial statements were authorised for issue by the Board on 1st September 2025

2	Accounting policies

	Summary of significant accounting policies and key accounting estimates
	The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

	Statement of compliance
	These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

	Basis of preparation
	These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value

	Revenue recognition
	Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

	Tax
	The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

	Tangible assets
	Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation
	Depreciation
	Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

	Motor vehicles			25%		reducing balance

	Investment properties
	Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss

	Leases
	Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation. Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.


3	Loss/profit before tax					2025		2024
	Arrived at after charging/(crediting)					£	£




	Depreciation expense					669		893


4	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					0		0


5	Tangible fixed assets
								Motor vehicles
£
	Cost
	At 1 March 2024							18,519
	At 28 February 2025							18,519

	Depreciation
	At 1 March 2024							15,841
	Charge for the year							669
	At 28 February 2025							16,510

	Net book value
	At 28 February 2025							2,009
	At 29 February 2024							2,678


6	Investment properties

Other
investments
£
	Cost
	At 1 March 2024							505,950

	At 28 February 2025							505,950
	There has been no valuation of investment property by an independent valuer


7	Creditors: amounts falling due within one year			Note		2025		2024
£							£

	Amounts owed to owners					106,654		110,914
	Other creditors					(38,901)		(35,401)
						67,753		75,513


8	Creditors: amounts falling due after one year			Note		2025		2024
£							£
	Due after more than one year
	Loans and borrowings			10		450,984		461,169

	Other borrowings
	The carrying amount of hire purchase at year end is £0 (2024 - £0)
	The obligation under hire purchase is secured on the asset

9	Share capital	2025		2024		2025		2024
No			No		£		£


	Ordinary shares of £1 each	100		100		100		100


10	Loans and borrowings					2025		2024
£							£



	Non-current loans and borrowings
	Bank borrowings					437,967		437,967
	BBL Loan					13,017		23,202
						450,984		461,169