2022-04-01 06939849 2023-03-31 06939849 2022-04-01 2023-03-31 06939849 2022-03-31 06939849 2021-04-01 2022-03-31 06939849 uk-core:WithinOneYear 2022-03-31 06939849 uk-core:WithinOneYear 2023-03-31 06939849 uk-core:AfterOneYear 2022-03-31 06939849 uk-core:AfterOneYear 2023-03-31 06939849 uk-core:ShareCapital 2023-03-31 06939849 uk-core:ShareCapital 2022-03-31 06939849 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 06939849 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 06939849 uk-bus:Director1 2022-04-01 2023-03-31 06939849 uk-core:NetGoodwill 2022-04-01 2023-03-31 06939849 uk-core:Buildings 2022-04-01 2023-03-31 06939849 uk-core:OfficeEquipment 2022-04-01 2023-03-31 06939849 uk-core:MotorVehicles 2022-04-01 2023-03-31 06939849 uk-core:FurnitureFittings 2022-04-01 2023-03-31 06939849 uk-core:Goodwill 2022-03-31 06939849 uk-core:Goodwill 2023-03-31 06939849 uk-core:Goodwill 2022-04-01 2023-03-31 06939849 uk-core:OfficeEquipment 2022-03-31 06939849 uk-core:FurnitureFittings 2022-03-31 06939849 uk-core:MotorVehicles 2022-03-31 06939849 uk-core:PlantMachinery 2022-03-31 06939849 uk-core:Buildings 2022-03-31 06939849 uk-core:Buildings 2023-03-31 06939849 uk-core:MotorVehicles 2023-03-31 06939849 uk-core:FurnitureFittings 2023-03-31 06939849 uk-core:OfficeEquipment 2023-03-31 06939849 uk-core:PlantMachinery 2023-03-31 06939849 uk-core:PlantMachinery 2022-04-01 2023-03-31 06939849 uk-core:WithinOneYear uk-core:Secured 2023-03-31 06939849 uk-core:WithinOneYear uk-core:Secured 2022-03-31 iso4217:GBP xbrli:pure 06939849 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06939849 uk-bus:FRS102 2022-04-01 2023-03-31 06939849 uk-bus:FullAccounts 2022-04-01 2023-03-31 06939849 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Arko Property Management Ltd
Registered Number:06939849
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Arko Property Management Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
06939849
As at 31 March 2023
Arko Property Management Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
189,836
206,570
3
189,836
206,570
Current assets
Trade and other receivables
6,179
23,272
4
44,075
Cash and cash equivalents
41,284
64,556
50,254
Trade and other payables: amounts falling due within one
year
(25,944)
(55,672)
5
24,310
8,884
Net current assets
Total assets less current liabilities
198,720
230,880
Trade and other payables: amounts falling due after more
than one year
(86,557)
(75,803)
6
122,917
Net assets
144,323
Capital and reserves
Called up share capital
2
2
Retained earnings
122,915
144,321
122,917
144,323
Shareholders' funds
For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
George Okines Director
These financial statements were approved and authorised for issue by the Board on 15 August 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
Arko Property Management Ltd
Notes to the Financial Statements
Statutory Information
Arko Property Management Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06939849.
Registered address:
Unit 26, North Ridge Park
Hayward Way
Hastings
East Sussex
TN35 4PP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of 10 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
4 Straight line
25 Reducing balance
Computer equipment
25 Reducing balance
Motor vehicles
15 Reducing balance
Fixtures and fittings
2 of 4
5
For the year ended 31 March 2023
Arko Property Management Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2022
40,000
At 31 March 2023
40,000
Amortisation
40,000
Charge for year
At 31 March 2023
40,000
Net book value
At 31 March 2023
-
At 31 March 2022
40,000
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
£
Cost or
valuation
At 01 April 2022
363,070
44,033
23,494
51,145
17,311
227,087
At 31 March 2023
227,087
51,145
23,494
44,033
363,070
17,311
Provision for depreciation and impairment
At 01 April 2022
156,500
40,368
15,254
33,025
13,432
54,421
Charge for year
16,734
916
1,236
4,530
969
9,083
At 31 March 2023
173,234
41,284
16,490
37,555
14,401
63,504
At 31 March 2023
Net book value
163,583
2,910
13,590
7,004
2,749
189,836
172,666
3,879
18,120
8,240
3,665
206,570
At 31 March 2022
4. Trade and other receivables
2022
2023
£
£
Trade debtors
23,272
6,179
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6
For the year ended 31 March 2023
Arko Property Management Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
14,148
14,148
Trade creditors
194
-
Taxation and social security
12,509
11,097
Other creditors
28,821
699
55,672
25,944
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
75,803
86,557
7. Average number of persons employed
During the year the average number of employees was 5 (2022 : 5)
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