COMPANY REGISTRATION NUMBER:
04708796
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Arcadian Developments Limited |
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Filleted Unaudited Abridged Financial Statements |
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Arcadian Developments Limited |
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Abridged Statement of Financial Position |
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31 May 2025
Fixed assets
|
Tangible assets |
5 |
1,589,246 |
1,589,246 |
|
Investments |
6 |
155,000 |
155,000 |
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------------ |
------------ |
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1,744,246 |
1,744,246 |
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|
|
|
Current assets
|
Stocks |
70,987 |
70,987 |
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Debtors |
571,690 |
446,937 |
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Cash at bank and in hand |
90,779 |
56,197 |
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--------- |
--------- |
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733,456 |
574,121 |
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|
|
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Creditors: amounts falling due within one year |
1,028,844 |
915,863 |
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------------ |
--------- |
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Net current liabilities |
295,388 |
341,742 |
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------------ |
------------ |
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Total assets less current liabilities |
1,448,858 |
1,402,504 |
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|
|
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Creditors: amounts falling due after more than one year |
173,527 |
230,436 |
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------------ |
------------ |
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Net assets |
1,275,331 |
1,172,068 |
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------------ |
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Capital and reserves
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Called up share capital |
100 |
100 |
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Profit and loss account |
1,275,231 |
1,171,968 |
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------------ |
------------ |
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Shareholders funds |
1,275,331 |
1,172,068 |
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------------ |
------------ |
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These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 May 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 members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of financial position for the year ending 31 May 2025 in accordance with Section 444(2A) of the Companies Act 2006.
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Arcadian Developments Limited |
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Abridged Statement of Financial Position (continued) |
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31 May 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
29 May 2026
, and are signed on behalf of the board by:
Company registration number:
04708796
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Arcadian Developments Limited |
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Notes to the Abridged Financial Statements |
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Year ended 31 May 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Muras Baker Jones Limited, Regent House, Bath Avenue, Wolverhampton, WV1 4EG.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
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 and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2024:
1
).
5.
Tangible assets
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Land and Buildings |
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£ |
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Cost |
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At 1 June 2024 and 31 May 2025 |
1,589,246 |
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------------ |
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Depreciation |
|
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At 1 June 2024 and 31 May 2025 |
– |
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------------ |
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Carrying amount |
|
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At 31 May 2025 |
1,589,246 |
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------------ |
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At 31 May 2024 |
1,589,246 |
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------------ |
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6.
Investments
|
£ |
|
Cost |
|
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At 1 June 2024 and 31 May 2025 |
155,000 |
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--------- |
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Impairment |
|
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At 1 June 2024 and 31 May 2025 |
– |
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--------- |
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Carrying amount |
|
|
At 31 May 2025 |
155,000 |
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--------- |
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At 31 May 2024 |
155,000 |
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--------- |
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