REGISTERED NUMBER: 04269186 (England and Wales)

ARNOLD HOLDINGS LIMITED

Unaudited Financial Statements for the Year Ended 30 November 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R F Arnold

REGISTERED OFFICE:

61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

REGISTERED NUMBER:

04269186 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

7,559

19,077

CURRENT ASSETS

Stocks

441,976

1,216,976

Debtors

5

1,934,328

1,346,149

Cash at bank

11,912

80,284

2,388,216

2,643,409

CREDITORS

Amounts falling due within one year

6

256,577

399,762

NET CURRENT ASSETS

2,131,639

2,243,647

TOTAL ASSETS LESS CURRENT LIABILITIES

2,139,198

2,262,724

CREDITORS

Amounts falling due after more than one year

7

544,309

583,662

NET ASSETS

1,594,889

1,679,062

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,594,789

1,678,962

SHAREHOLDERS' FUNDS

1,594,889

1,679,062

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 20 November 2025 and were signed by:

R F Arnold - Director

1.	STATUTORY INFORMATION

Arnold Holdings 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 December 2023

131,161

37,904

2,726

171,791

Disposals

-

(32,904

)

-

(32,904

)

At 30 November 2024

131,161

5,000

2,726

138,887

DEPRECIATION

At 1 December 2023

123,078

27,828

1,808

152,714

Charge for year

2,023

2,520

307

4,850

Eliminated on disposal

-

(26,236

)

-

(26,236

)

At 30 November 2024

125,101

4,112

2,115

131,328

NET BOOK VALUE

At 30 November 2024

6,060

888

611

7,559

At 30 November 2023

8,083

10,076

918

19,077

The net book value of tangible fixed assets includes £NIL (2023 - £ 26,365 ) in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Due from related parties

1,934,328

1,332,120

Directors' current accounts

-

14,029

1,934,328

1,346,149

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

-

12,540

Trade creditors

1,065

145,379

Social security and other taxes

210,194

199,543

Accrued expenses

35,318

32,300

256,577

399,762

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

10,000

10,000

Bank loans - 2-5 years

2,776

18,039

Other loans - 1-2 years

531,533

555,623

544,309

583,662

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

22,776

38,039

Hire purchase contracts

-

12,540

22,776

50,579

Hire purchase liabilities are secured on the asset to which the borrowing relates.

The bank borrowings are secured by a debenture of the company's assets.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024

2023

£

£

R F Arnold

Balance outstanding at start of year

14,029

-

Amounts advanced

-

14,029

Amounts repaid

(14,029

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

14,029