Company No: 05036384 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	28.02.2026		28.02.2025
		£		£
Fixed assets
Tangible assets	4	12,062		19,337
		12,062		19,337
Current assets
Debtors	5	1,626,943		2,248,534
Cash at bank and in hand		756,175		433,908
		2,383,118		2,682,442
Creditors: amounts falling due within one year	6	( 870,112)		( 1,229,615)
Net current assets		1,513,006		1,452,827
Total assets less current liabilities		1,525,068		1,472,164
Provision for liabilities		( 13,015)		( 14,834)
Net assets		1,512,053		1,457,330
Capital and reserves
Called-up share capital	7	20		20
Profit and loss account		1,512,033		1,457,310
Total shareholders' funds		1,512,053		1,457,330

For the financial year ending 28 February 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge 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 Profit and Loss Account has not been delivered.

The financial statements of Arun Projects Limited (registered number: 05036384) were approved and authorised for issue by the Board of Directors on 22 October 2026. They were signed on its behalf by:

John Michael David Paul Quinn 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

Arun Projects 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 65 Leigh Road, Eastleigh, Hampshire, SO50 9DF, United Kingdom.

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

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result .

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion

Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	3 years straight line
Office equipment	3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other debtors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in otheradministrative expenses.

Trade and other creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	28.02.2026		28.02.2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	10		11

4. Tangible assets

	Vehicles		Office equipment		Total
	£		£		£
Cost
At 01 March 2025	23,175		28,920		52,095
Additions	0		3,025		3,025
At 28 February 2026	23,175		31,945		55,120
Accumulated depreciation
At 01 March 2025	8,369		24,389		32,758
Charge for the financial year	7,725		2,575		10,300
At 28 February 2026	16,094		26,964		43,058
Net book value
At 28 February 2026	7,081		4,981		12,062
At 28 February 2025	14,806		4,531		19,337

5. Debtors

	28.02.2026		28.02.2025
	£		£
Trade debtors	1,150,591		1,519,787
Other debtors	476,352		728,747
	1,626,943		2,248,534

6. Creditors: amounts falling due within one year

	28.02.2026		28.02.2025
	£		£
Trade creditors	767,112		965,982
Taxation and social security	58,718		226,003
Other creditors	44,282		37,630
	870,112		1,229,615

7. Called-up share capital

	28.02.2026		28.02.2025
	£		£
Allotted, called-up and fully-paid
20 Ordinary shares of £ 1.00 each	20		20