ARKS PROPERTIES LIMITED

Company Registration Number:
08752602 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

ARKS PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

ARKS PROPERTIES LIMITED

Balance sheet

As at 31 October 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 1,075,223 1,075,223
Total fixed assets: 1,075,223 1,075,223
Current assets
Debtors:   26,558 4,879
Cash at bank and in hand: 8,117 14,454
Total current assets: 34,675 19,333
Creditors: amounts falling due within one year:   (87,182) (94,785)
Net current assets (liabilities): (52,507) (75,452)
Total assets less current liabilities: 1,022,716 999,771
Creditors: amounts falling due after more than one year: 4 (827,090) (827,090)
Total net assets (liabilities): 195,626 172,681
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 195,624 172,679
Shareholders funds: 195,626 172,681

The notes form part of these financial statements

ARKS PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 October 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.

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 17 October 2023
and signed on behalf of the board by:

Name: A SAGAR
Status: Director

The notes form part of these financial statements

ARKS PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

1. Accounting policies

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

ARKS PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 2 2

ARKS PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 1,075,223
At 31 October 2022 1,075,223
Depreciation
At 01 November 2021 0
At 31 October 2022 0
Net book value
At 31 October 2022 1,075,223
At 31 October 2021 1,075,223

ARKS PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

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

Mortgages are secured and payable y instalments. The mortgages are secured by way of a first charge against the freehold of the properties owned by the company.