ART OF ESTATES LIMITED


Directors	CZECHOWICZ, Alexander Ryan
	FERHAT, Touri Yacine
	THACKERAY, Susan Ann


Registered Address	1 Allied Business Centre
	Coldharbour Lane
	Harpenden
	AL5 4UT


Registered Number	15316720 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		300,000		-
			300,000		-
Current assets
Stocks	4	-		116,273
Cash at bank and on hand		52,494		5,489
		52,494		121,762
Creditors amounts falling due within one year	5	(126,593)		(125,837)
Net current assets (liabilities)			(74,099)		(4,075)
Total assets less current liabilities			225,901		(4,075)
Creditors amounts falling due after one year	6		(50,000)		-
Provisions for liabilities	7		(47,200)		-
Net assets			128,701		(4,075)
Capital and reserves
Called up share capital			3		3
Revaluation reserve			141,601		-
Profit and loss account			(12,903)		(4,078)
Shareholders' funds	8		128,701		(4,075)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 27 August 2026, and are signed on its behalf by:

FERHAT, Touri Yacine
Director
Registered Company No. 15316720

ART OF ESTATES LIMITED

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Deferred tax
	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.

Deferred tax

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.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
Additions	111,199	111,199
Revaluations	188,801	188,801
At 30 November 25	300,000	300,000
Net book value
At 30 November 25	300,000	300,000
At 30 November 24	-	-

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	-	116,273
Total	-	116,273

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,596	840
Other creditors	124,997	124,997
Total	126,593	125,837

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	50,000	-
Total	50,000	-

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	47,200	-
Total	47,200	-

8.	Revaluation reserve


		£
	Revaluations of plant, property and equipment	188,801
	Deferred Tax on Revaluations	(47,200)
	At 30 November 25	141,601