REGISTERED NUMBER: 09347862 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Art Deco Apartments Rugby Ltd

Page

Statement of Financial Position

1

FIXED ASSETS

4,402,208

4,382,435

CURRENT ASSETS

258,504

219,947

PREPAYMENTS AND ACCRUED INCOME

8,472

13,047

CREDITORS

Amounts falling due within one year

(1,424,098

)

(1,431,311

)

NET CURRENT LIABILITIES

(1,157,122

)

(1,198,317

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,245,086

3,184,118

CREDITORS

Amounts falling due after more than one year

(2,652,884

)

(2,653,993

)

ACCRUALS AND DEFERRED INCOME

(25,417

)

(55,498

)

NET ASSETS

566,785

474,627

CAPITAL AND RESERVES

566,785

474,627

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Art Deco Apartments Rugby Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09347862

Registered office:

27 Meadow Walk

Harpenden

Hertfordshire

AL5 5TF

The presentation currency of the financial statements is the Pound Sterling (£).

2.	AVERAGE NUMBER OF EMPLOYEES

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

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

31.7.25

31.7.24

£

£

J A Michalik and Mrs D V Michalik

Balance outstanding at start of year

(1,402,503

)

(1,433,931

)

Amounts advanced

40,178

60,170

Amounts repaid

(22,409

)

(28,742

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,384,734

)

(1,402,503

)

4.	OTHER FINANCIAL COMMITMENTS

Included in creditors is a loan from Lendco Mortgage Servicing Limited in the sum of £2,639,000 falling due for repayment after more than 5 years.

The loan is secured by a fixed charge over the company property.

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2026 and were signed on its behalf by:

J A Michalik - Director

Mrs D V Michalik - Director