Silverfin false false 30/06/2025 22/06/2024 30/06/2025 Ian Gordon Liddle 09/10/2025 08/07/2025 Kevin Dranath Soobadoo 22/06/2024 Sheila Soobadoo 10/04/2025 20 March 2026 The principal activity of the company during the period was the acquisition and development of a building site. 15795584 2025-06-30 15795584 bus:Director1 2025-06-30 15795584 bus:Director2 2025-06-30 15795584 bus:Director3 2025-06-30 15795584 core:CurrentFinancialInstruments 2025-06-30 15795584 core:ShareCapital 2025-06-30 15795584 core:RetainedEarningsAccumulatedLosses 2025-06-30 15795584 core:CurrentFinancialInstruments core:Secured 2025-06-30 15795584 2024-06-21 15795584 core:TaxLossesCarry-forwardsDeferredTax 2025-06-30 15795584 bus:OrdinaryShareClass1 2025-06-30 15795584 2024-06-22 2025-06-30 15795584 bus:FilletedAccounts 2024-06-22 2025-06-30 15795584 bus:SmallEntities 2024-06-22 2025-06-30 15795584 bus:AuditExempt-NoAccountantsReport 2024-06-22 2025-06-30 15795584 bus:PrivateLimitedCompanyLtd 2024-06-22 2025-06-30 15795584 bus:Director1 2024-06-22 2025-06-30 15795584 bus:Director2 2024-06-22 2025-06-30 15795584 bus:Director3 2024-06-22 2025-06-30 15795584 core:CurrentFinancialInstruments 2024-06-22 2025-06-30 15795584 bus:OrdinaryShareClass1 2024-06-22 2025-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15795584 (England and Wales)

# ARGEY-ONE LIMITED

### Unaudited Financial Statements
For the financial period from 22 June 2024 to 30 June 2025
Pages for filing with the registrar

ARGEY-ONE LIMITED

## Unaudited Financial Statements

For the financial period from 22 June 2024 to 30 June 2025

Contents

ARGEY-ONE LIMITED

## COMPANY INFORMATION

For the financial period from 22 June 2024 to 30 June 2025
ARGEY-ONE LIMITED

## COMPANY INFORMATION (continued)

For the financial period from 22 June 2024 to 30 June 2025

DIRECTORS | Ian Gordon Liddle (Appointed 08 July 2025, Resigned 09 October 2025)
| Kevin Dranath Soobadoo (Appointed 22 June 2024)
| Sheila Soobadoo (Appointed 10 April 2025)

REGISTERED OFFICE | 22 Chancery Lane
| London
| WC2A 1LS
| United Kingdom

COMPANY NUMBER | 15795584 (England and Wales)

ARGEY-ONE LIMITED

## BALANCE SHEET

As at 30 June 2025
ARGEY-ONE LIMITED

## BALANCE SHEET (continued)

As at 30 June 2025

| Note | 30.06.2025
|  | £
Current assets |  |
Stocks | 3 | 1,068,820
Debtors | 4 | 12,322
Cash at bank and in hand |  | 6,238
|  | 1,087,380
Creditors: amounts falling due within one year | 5 | ( 1,106,774)
Net current liabilities |  | (19,394)
Total assets less current liabilities |  | (19,394)
Net liabilities |  | ( 19,394)
Capital and reserves |  |
Called-up share capital | 7 | 1
Profit and loss account |  | ( 19,395 )
Total shareholder's deficit |  | ( 19,394)

For the financial period ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the financial period in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Argey-One Limited (registered number: 15795584) were approved and authorised for issue by the Board of Directors on 20 March 2026. They were signed on its behalf by:

Kevin Dranath Soobadoo Director |

ARGEY-ONE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 22 June 2024 to 30 June 2025
ARGEY-ONE LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 22 June 2024 to 30 June 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

Argey-One Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### Taxation

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of overheads based on normal levels of activity. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

#### 2. Employees

| Period from 22.06.2024 to 30.06.2025
| Number
Monthly average number of persons employed by the company during the period, including directors | 0

#### 3. Stocks

| 30.06.2025
| £
Development land (secured) | 1,068,820

#### 4. Debtors

| 30.06.2025
| £
Deferred tax asset | 6,465
Other debtors | 5,857
| 12,322

#### 5. Creditors: amounts falling due within one year

| 30.06.2025
| £
Bank loans (secured) | 725,631
Amounts owed to directors | 116,966
Other loans | 264,177
| 1,106,774

Bank loans are due for repayment in May 2026, bear interest at a rate of 13.2%, and are secured on the company's development site and another property owned by the director and parties connected to the director.

The company has borrowed £381,143 from the director and parties connected to the director. The borrowings do not have fixed repayment dates, are unsecured, and bear interest at rates between 2% and 10%.

#### 6. Deferred tax

| 30.06.2025
| £
At the beginning of financial period | 0
Credited to the Profit and Loss Account | 6,465
At the end of financial period | 6,465

The deferred taxation balance is made up as follows:

| 30.06.2025
| £
Tax losses carry forward | 6,465

#### 7. Called-up share capital

| 30.06.2025
| £
Allotted, called-up and fully-paid |
1 Ordinary share of £ 1.00 | 1

#### 8. Ultimate controlling party

Parent Company:

Springfield Group Holdings Limited
22 Chancery Lane, London, WC2A 1LS