REGISTERED NUMBER: 10890973 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Red Arrow Developers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P K Hegde

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

REGISTERED NUMBER:

10890973 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

784

1,177

CURRENT ASSETS

Stocks

790,521

785,435

Debtors

5

32,846

27,020

Cash at bank

162

3,200

823,529

815,655

CREDITORS

Amounts falling due within one year

6

884,649

849,667

NET CURRENT LIABILITIES

(61,120

)

(34,012

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(60,336

)

(32,835

)

CREDITORS

Amounts falling due after more than one year

7

23,407

29,063

NET LIABILITIES

(83,743

)

(61,898

)

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

(83,753

)

(61,908

)

(83,743

)

(61,898

)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 December 2025 and were signed by:

P K Hegde - Director

1.	STATUTORY INFORMATION

Red Arrow Developers 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 represents the amount (excluding value added tax) of completed property sales. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the agreed upon payment.

Tangible fixed assets

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

Computer equipment

-

33% on reducing balance

Stocks

Stock and work in progress is valued at the lower of cost and net realisable value. Cost represents the purchase price of land and development costs. Net realisable value is based on the estimated selling price less further costs expected to be incurred in completion and disposal.

Deferred tax

Deferred tax is recognised in respect of all material timing differences.

A deferred tax asset is recognised only when it is more likely than not that there will be suitable taxable profits from which the future reversal of underlying differences and losses can be deducted.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

1,765

DEPRECIATION

At 1 April 2024

588

Charge for year

393

At 31 March 2025

981

NET BOOK VALUE

At 31 March 2025

784

At 31 March 2024

1,177

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

479

1,934

Amounts falling due after more than one year:

Deferred tax

32,367

25,086

Aggregate amounts

32,846

27,020

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,574

5,674

Amounts owed to group undertakings

158,253

158,731

Directors' current accounts

718,773

683,268

Accrued expenses

2,049

1,994

884,649

849,667

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

5,705

5,944

Bank loans - 2-5 years

17,702

23,119

23,407

29,063