ARE ELLACOMBE INVESTMENT LTD

Company Registration Number:
12967652 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

ARE ELLACOMBE INVESTMENT LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Additional notes
Balance sheet notes

ARE ELLACOMBE INVESTMENT LTD

Balance sheet

As at 31 December 2022

Notes 2022 14 months to 31 December 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 318 247
Investments: 4 560,949 371,602
Total fixed assets: 561,267 371,849
Current assets
Debtors: 5 7,911 8,372
Cash at bank and in hand: 24,041 3,442
Total current assets: 31,952 11,814
Creditors: amounts falling due within one year: 6 ( 27,529 ) ( 13,671 )
Net current assets (liabilities): 4,423 (1,857)
Total assets less current liabilities: 565,690 369,992
Creditors: amounts falling due after more than one year: 7 ( 531,884 ) ( 357,561 )
Total net assets (liabilities): 33,806 12,431
Capital and reserves
Called up share capital: 1,200 1,200
Profit and loss account: 32,606 11,231
Total Shareholders' funds: 33,806 12,431

The notes form part of these financial statements

ARE ELLACOMBE INVESTMENT LTD

Balance sheet statements

For the year ending 31 December 2022 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 September 2023
and signed on behalf of the board by:

Name: Jonathan Woodgett
Status: Director

The notes form part of these financial statements

ARE ELLACOMBE INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Valuation information and policy

    Investment property, held to earn rentals or capital appreciation, is stated at fair value, based on Land Registry house price data subsequent to a professional valuation by a qualifed valuer in December 2021. Gains and losses from changes in fair value, net of deferred tax provided at the rate expected to apply when the property is sold, are recognised in profit or loss.

ARE ELLACOMBE INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 14 months to 31 December 2021
    Average number of employees during the period 0 0

ARE ELLACOMBE INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 281 281
Additions 165 165
Disposals
Revaluations
Transfers
At 31 December 2022 446 446
Depreciation
At 1 January 2022 34 34
Charge for year 94 94
On disposals
Other adjustments
At 31 December 2022 128 128
Net book value
At 31 December 2022 318 318
At 31 December 2021 247 247

ARE ELLACOMBE INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Fixed assets investments note

Investment Property: at 1 Jan 2022 = £371602. Increase in Fair Value = £21536. At 31 Dec 2022 = £393138Other Investments: at 1 Jan 2022 = £0. Additions = £167811. At 31 Dec 2022 = £167811

ARE ELLACOMBE INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Debtors

2022 14 months to 31 December 2021
£ £
Prepayments and accrued income 2,633 997
Other debtors 5,278 7,375
Total 7,911 8,372

ARE ELLACOMBE INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

2022 14 months to 31 December 2021
£ £
Trade creditors 147
Taxation and social security 2,329
Accruals and deferred income 3,079 3,134
Other creditors 21,974 10,537
Total 27,529 13,671

ARE ELLACOMBE INVESTMENT LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Creditors: amounts falling due after more than one year note

2022 14 months to 31 December 2021
£ £
Bank loans and overdrafts 255,000
Other creditors 276,884 357,561
Total 531,884 357,561