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Aragawa UK Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11790140
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,209,662 1,359,126
1,209,662 1,359,126
CURRENT ASSETS
Stocks 5 143,372 117,899
Debtors 6 511,132 393,443
Cash at bank and in hand 187,868 290,192
842,372 801,534
Creditors: Amounts Falling Due Within One Year 7 (710,152 ) (343,823 )
NET CURRENT ASSETS (LIABILITIES) 132,220 457,711
TOTAL ASSETS LESS CURRENT LIABILITIES 1,341,882 1,816,837
Creditors: Amounts Falling Due After More Than One Year 8 (2,629,658 ) (2,595,811 )
NET LIABILITIES (1,287,776 ) (778,974 )
CAPITAL AND RESERVES
Called up share capital 9 40 40
Profit and Loss Account (1,287,816 ) (779,014 )
SHAREHOLDERS' FUNDS (1,287,776) (778,974)
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr K Ogawa
Director
2 December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Aragawa UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11790140 . The registered office is 37-38 Clarges Street , London, W1J 7EL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore the director continues to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised on a point of sale basis. 
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Straight line over 10 years
Plant & Machinery Straight line over 5 years
Fixtures & Fittings Straight line over 5 years
Computer Equipment Straight line over 5 years
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and a deferred tax provision where necessary in accordance with accounting standards.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all material taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.7. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Where a reliable tax rate cannot be forecast, a deferred tax provision is calculated at the highest tax rate possibly applicable, based on tax rates (and tax laws) enacted by the end of the reporting date. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 9 (2024: 10)
9 10
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 1,013,804 7,145 423,471 5,333 1,449,753
Additions 46,006 - - - 46,006
As at 31 March 2025 1,059,810 7,145 423,471 5,333 1,495,759
Depreciation
As at 1 April 2024 49,670 715 39,708 534 90,627
Provided during the period 108,281 1,429 84,694 1,066 195,470
As at 31 March 2025 157,951 2,144 124,402 1,600 286,097
Net Book Value
As at 31 March 2025 901,859 5,001 299,069 3,733 1,209,662
As at 1 April 2024 964,134 6,430 383,763 4,799 1,359,126
5. Stocks
2025 2024
£ £
Stock 143,372 117,899
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 81,933 48,518
Due after more than one year
Other debtors 429,199 344,925
511,132 393,443
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 86,410 76,949
Bank loans and overdrafts 36,370 10,032
Other creditors 558,616 225,013
Taxation and social security 28,756 31,829
710,152 343,823
Included within Other creditors above are unsecured loans from the director(s) of £81,205 (2024 - £45,010 ). These loans are interest free and repayable on demand.
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 49,660 16,813
Other creditors 2,579,998 2,578,998
2,629,658 2,595,811
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 40 40
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 110,000 110,000
Later than one year and not later than five years 201,667 311,667
311,667 421,667
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