29 February 2024 false No description of principal activity Taxfiler 2024.6 13884894business:PrivateLimitedCompanyLtd2024-02-292025-02-28 138848942024-02-28 138848942024-02-292025-02-28 13884894business:AuditExempt-NoAccountantsReport2024-02-292025-02-28 13884894business:FilletedAccounts2024-02-292025-02-28 138848942025-02-28 13884894business:Director12024-02-292025-02-28 13884894business:RegisteredOffice2024-02-292025-02-28 138848942024-02-28 13884894core:AfterOneYear2025-02-28 13884894core:AfterOneYear2024-02-28 13884894core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 13884894core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 13884894core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 13884894core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 13884894core:PreviouslyStatedAmount2025-02-28 13884894core:PreviouslyStatedAmount2024-02-28 13884894business:SmallEntities2024-02-292025-02-28 13884894countries:EnglandWales2024-02-292025-02-28 138848942023-03-012024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13884894 (England and Wales)
ARICAN (UK) LIMITED Unaudited accounts for the period from 29 February 2024 to 28 February 2025
ARICAN (UK) LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
ARICAN (UK) LIMITED Company Information for the period from 29 February 2024 to 28 February 2025
Director
OYEWOLE, Olatunde
Company Number
13884894 (England and Wales)
Registered Office
10 BALFE STREET LONDON N1 9EG UNITED KINGDOM
- 3 -
ARICAN (UK) LIMITED Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
4
1,235,980 
1,235,980 
Current assets
Debtors
5
22,100 
4,550 
Cash at bank and in hand
606 
15,772 
22,706 
20,322 
Net current assets
22,706 
20,322 
Total assets less current liabilities
1,258,686 
1,256,302 
Creditors: amounts falling due after more than one year
6
(1,367,707)
(1,317,438)
Net liabilities
(109,021)
(61,136)
Capital and reserves
Called up share capital
250 
250 
Profit and loss account
(109,271)
(61,386)
Shareholders' funds
(109,021)
(61,136)
For the period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 November 2025 and were signed on its behalf by
OYEWOLE, Olatunde Director Company Registration No. 13884894
- 4 -
ARICAN (UK) LIMITED Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
ARICAN (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13884894. The registered office is 10 BALFE STREET, LONDON, N1 9EG, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2025 
£ 
Fair value at 29 February 2024
1,235,980 
At 28 February 2025
1,235,980 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due after more than one year
Other debtors
22,100 
4,550 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
520,000 
520,000 
Loans from directors
804,749 
768,799 
Accruals
42,958 
28,639 
1,367,707 
1,317,438 
7
Average number of employees
During the period the average number of employees was 0 (2024: 0).
- 5 -