REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
28 SEPTEMBER 2020 TO 30 SEPTEMBER 2021 |
FOR |
ARABELLA PROPERTY PORTFOLIO 1 LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
28 SEPTEMBER 2020 TO 30 SEPTEMBER 2021 |
FOR |
ARABELLA PROPERTY PORTFOLIO 1 LTD |
ARABELLA PROPERTY PORTFOLIO 1 LTD (REGISTERED NUMBER: 12908327) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 28 SEPTEMBER 2020 TO 30 SEPTEMBER 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ARABELLA PROPERTY PORTFOLIO 1 LTD |
COMPANY INFORMATION |
FOR THE PERIOD 28 SEPTEMBER 2020 TO 30 SEPTEMBER 2021 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Sterling House |
27 Hatchlands Road |
Redhill |
Surrey |
RH1 6RW |
ARABELLA PROPERTY PORTFOLIO 1 LTD (REGISTERED NUMBER: 12908327) |
BALANCE SHEET |
30 SEPTEMBER 2021 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
ARABELLA PROPERTY PORTFOLIO 1 LTD (REGISTERED NUMBER: 12908327) |
BALANCE SHEET - continued |
30 SEPTEMBER 2021 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
ARABELLA PROPERTY PORTFOLIO 1 LTD (REGISTERED NUMBER: 12908327) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 28 SEPTEMBER 2020 TO 30 SEPTEMBER 2021 |
1. | STATUTORY INFORMATION |
Arabella Property Portfolio 1 Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
Revaluations | 45,608 |
At 30 September 2021 |
NET BOOK VALUE |
At 30 September 2021 |
Fair value at 30 September 2021 is represented by: |
£ |
Valuation in 2021 | 270,000 |
If had not been revalued would have been included at the following historical cost: |
£ |
Cost | 224,392 |
ARABELLA PROPERTY PORTFOLIO 1 LTD (REGISTERED NUMBER: 12908327) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 28 SEPTEMBER 2020 TO 30 SEPTEMBER 2021 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Taxation and social security |
Other creditors |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Bank loans |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 164,550 |
7. | RESERVES |
Fair |
value |
reserve |
£ |
Undistributable reserves | 45,608 |
At 30 September 2021 |