ARCTIC FINANCE LTD

Registered Number
13851839
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2026

ARCTIC FINANCE LTD

Company Information
for the year from 1 February 2025 to 31 January 2026


Director	MESKHI, Elena


Company Secretary	CONSULTING & ACCOUNTANCY SERVICES LTD


Registered Address	Lower Road
	Unit 6 City Business Centre
	London
	SE16 2XB


Registered Number	13851839 (England and Wales)

ARCTIC FINANCE LTD

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investments	3		964,943		964,943
			964,943		964,943
Current assets
Debtors		-		730,710
Cash at bank and on hand		504		502
		504		731,212
Creditors amounts falling due within one year		-		(3,322)
Net current assets (liabilities)			504		727,890
Total assets less current liabilities			965,447		1,692,833
Creditors amounts falling due after one year			(1,046,021)		(1,719,072)
Net assets			(80,574)		(26,239)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(80,575)		(26,240)
Shareholders' funds			(80,574)		(26,239)

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 Director acknowledges 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 29 October 2026, and are signed on its behalf by:

MESKHI, Elena
Director
Registered Company No. 13851839

ARCTIC FINANCE LTD

Notes to the Financial Statements
for the year ended 31 January 2026

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.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		1

3.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 February 25	964,943
	At 31 January 26	964,943
	Net book value
	At 31 January 26	964,943
	At 31 January 25	964,943