REGISTERED NUMBER: 02465571 (England and Wales)

ARLINGTON BUILDERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

8

DIRECTOR:

P Righelato

SECRETARY:

A C Righelato

REGISTERED OFFICE:

255 Green Lanes

Palmers Green

London

N13 4XE

REGISTERED NUMBER:

02465571 (England and Wales)

ACCOUNTANTS:

John Crook & Partners

Chartered Accountants

255 Green Lanes

Palmers Green

London

N13 4XE

FIXED ASSETS

Tangible assets

4

381,315

402,438

CURRENT ASSETS

Stocks

1,820,607

1,190,081

Debtors

5

127,093

140,231

Investments

6

10,211

10,211

Cash at bank and in hand

196

115,532

1,958,107

1,456,055

CREDITORS

Amounts falling due within one year

7

664,388

215,312

NET CURRENT ASSETS

1,293,719

1,240,743

TOTAL ASSETS LESS CURRENT LIABILITIES

1,675,034

1,643,181

PROVISIONS FOR LIABILITIES

9

78,469

85,778

NET ASSETS

1,596,565

1,557,403

CAPITAL AND RESERVES

Called up share capital

10

2

2

Fair value reserve

11

217,064

217,250

Retained earnings

1,379,499

1,340,151

SHAREHOLDERS' FUNDS

1,596,565

1,557,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 10 December 2025 and were signed by:

P Righelato - Director

1.	STATUTORY INFORMATION

Arlington Builders 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sale of goods, excluding value added tax and sale of properties.

Tangible fixed assets

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

Freehold property

- 2% on cost

Plant and machinery

- 15% on reducing balance

Fixtures and fittings

- 15% on reducing balance

Motor vehicles

- 25% on reducing balance

No depreciation is provided on freehold land.

Stocks

Stock and work in progress are valued at the lower of cost and net realisable value, apart from long term work in progress which includes the relevant proportion of profit.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Completed work for which invoices had not been rendered at the date of the balance sheet is included at full selling price.

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.

Leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are capitalised at cost with an equivalent liability categorised under creditors due within or after one year. The total finance charges are allocated over the period of the lease in such a way as to give a reasonably constant charge on the outstanding liability.

Assets held under operating leases are not capitalised and leasing payments are allocated to accounting periods as they are incurred.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

350,000

5,400

11,967

109,030

476,397

DEPRECIATION

At 1 April 2024

22,261

3,696

9,408

38,594

73,959

Charge for year

2,875

255

384

17,609

21,123

At 31 March 2025

25,136

3,951

9,792

56,203

95,082

NET BOOK VALUE

At 31 March 2025

324,864

1,449

2,175

52,827

381,315

At 31 March 2024

327,739

1,704

2,559

70,436

402,438

Included in cost or valuation of land and buildings is freehold land of £ 206,225 (2024 - £ 206,225 ) which is not depreciated.

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Valuation in 1998

13,746

-

-

-

13,746

Valuation in 2015

180,000

-

-

-

180,000

Valuation in 2017

20,000

-

-

-

20,000

Valuation in 2018

90,000

-

-

-

90,000

Cost

46,254

5,400

11,967

109,030

172,651

350,000

5,400

11,967

109,030

476,397

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

46,254

46,254

Aggregate depreciation

2,660

2,660

Value of land in freehold land and buildings

27,254

27,254

The freehold property was valued on an open market basis on 26 April 2017 by Glenny LLP .

The director revalued the property at 31 March 2018.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

116,520

138,208

Other debtor

1,064

1,064

Value added tax

8,561

-

Prepayments

948

959

127,093

140,231

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

10,211

10,211

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

535,094

-

Corporation tax

17,361

54,156

Social security and other taxes

4,014

4,261

Value added tax

-

13,971

Other creditors

36,053

44,298

Loan from officer of the company

3,170

10,767

Directors' current accounts

68,696

87,859

664,388

215,312

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

35,094

-

Bank loans

500,000

-

535,094

-

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Deferred tax

13,503

18,503

Deferred tax on revaluations

64,966

67,275

78,469

85,778

Deferred

tax

£

Balance at 1 April 2024

85,778

Profit and loss account

(7,309

)

Balance at 31 March 2025

78,469

Deferred tax is provided in full at the rate of 25.0% (2024 - 25.0%)

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

11.

RESERVES

Fair

value

reserve

£

At 1 April 2024

217,250

Transfer from profit and loss account

(2,495

)

Revaluation deferred tax

2,309

At 31 March 2025

217,064

12.	RELATED PARTY DISCLOSURES

Arlington Builders Limited is controlled by P & A Righelato who own one ordinary share each.

A joint and several guarantee in the sum of £50,000 has been given by P & A Righelato in respect of the bank borrowings.