Company No: 15059602 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Current assets
Debtors	3	10,734,296		8,630,439
		10,734,296		8,630,439
Creditors: amounts falling due within one year	4	( 10,444,948)		( 8,436,432)
Net current assets		289,348		194,007
Total assets less current liabilities		289,348		194,007
Net assets		289,348		194,007
Capital and reserves
Called-up share capital		1		1
Profit and loss account		289,347		194,006
Total shareholder's funds		289,348		194,007

For the financial year ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Arundel Gate Finance Limited (registered number: 15059602) were approved and authorised for issue by the Director on 01 May 2026. They were signed on its behalf by:

Henry Miles Fitzalan Howard, Earl of Arundel Director

1. Accounting policies

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

General information and basis of accounting

Arundel Gate Finance 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 The Norfolk Estate Office, 1 London Road, Arundel, BN18 9BH, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

Turnover

Turnover represents amounts receivable from sales which are recognised in the period to which they relate.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

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 enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

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.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	10,734,296		8,630,439

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	10,441,798		8,432,932
Accruals	3,150		3,500
	10,444,948		8,436,432

During the period ended 30 November 2024, the company entered into a bank loan with interest of 4% over Bank of England Base Rate, subject to a minimum overall interest rate of 4%. The loan is repayable on demand, not exceeding the 28 March 2026 and is secured with a debenture over all assets within the company as well as a third party legal charge to be given to the parent company.