THE ARAD COLLECTION 2 LIMITED

Company Registration Number:
05778081 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

THE ARAD COLLECTION 2 LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

THE ARAD COLLECTION 2 LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Current assets
Stocks: 196,682 196,682
Debtors:   56 2,553
Cash at bank and in hand: 1,402 106
Total current assets: 198,140 199,341
Creditors: amounts falling due within one year:   (33,857) (32,179)
Net current assets (liabilities): 164,283 167,162
Total assets less current liabilities: 164,283 167,162
Creditors: amounts falling due after more than one year:   (249,137) (223,955)
Total net assets (liabilities): (84,854) (56,793)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: (85,854) (57,793)
Shareholders funds: (84,854) (56,793)

The notes form part of these financial statements

THE ARAD COLLECTION 2 LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

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

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 & loss account.

This report was approved by the board of directors on 06 May 2025
and signed on behalf of the board by:

Name: Simon Franks
Status: Director

The notes form part of these financial statements

THE ARAD COLLECTION 2 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE ARAD COLLECTION 2 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 1 1

THE ARAD COLLECTION 2 LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Related party transactions

Name of the related party: Robert Suss
Relationship:
Shareholder
Description of the Transaction: Included in other loans due after more than one year is an amount from Robert Suss of £68,455 (2024 - £68,455), who owns 229 Ordinary shares of £1 each in the company representing 23% issued share capital of the company. The loan is interest free and repayable as and when paintings sold realise sufficient cash to do so.
£
Balance at 01 April 2024 68,455
Balance at 31 March 2025 68,455
Name of the related party: Redbus Ventures Ltd
Relationship:
A company under control of the director
Description of the Transaction: Included in other loans due after more than one year is an amount from Redbus Ventures Ltd, a company under the control of Simon Franks, of £180,682 (2024 155,500). The loan is interest free and repayable as and when paintings sold realise sufficient cash to do so.
£
Balance at 01 April 2024 155,500
Balance at 31 March 2025 180,682