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REGISTERED NUMBER: 12417531 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2023

FOR

ACR PROPERTY HOLDINGS LIMITED

ACR PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 12417531)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACR PROPERTY HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2023







DIRECTORS: C Reek
A J Reek





REGISTERED OFFICE: c/o JRB Accountancy Ltd
Oak House Business Centre
Samuel Brunts Way
Mansfield
Nottinghamshire
NG18 2AH





REGISTERED NUMBER: 12417531 (England and Wales)






ACR PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 12417531)

BALANCE SHEET
31ST JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 411,042 411,042

CURRENT ASSETS
Cash at bank and in hand 1,066 3,206

CREDITORS
Amounts falling due within one year 5 301,739 308,775
NET CURRENT LIABILITIES (300,673 ) (305,569 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,369

105,473

CREDITORS
Amounts falling due after more than one year 6 103,918 106,272
NET ASSETS/(LIABILITIES) 6,451 (799 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6,351 (899 )
6,451 (799 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ACR PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 12417531)

BALANCE SHEET - continued
31ST JANUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12th October 2023 and were signed on its behalf by:





A J Reek - Director


ACR PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 12417531)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2023


1. STATUTORY INFORMATION

ACR Property Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property

Taxation
Taxation for the year 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

ACR PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 12417531)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2023


4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1st February 2022
and 31st January 2023 411,042
NET BOOK VALUE
At 31st January 2023 411,042
At 31st January 2022 411,042

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,353 2,271
Taxation and social security 1,490 -
Other creditors 297,896 306,504
301,739 308,775

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 103,918 106,272

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 93,614 96,331

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 106,271 108,543

ACR PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 12417531)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2023


8. RELATED PARTY DISCLOSURES

A J & C Reek

Directors


During the period a loan account subsisted with the directors. The directors advanced to the company £13,682 and the company repaid to the directors £22,291. At the period end the balance due to the directors was £297,296 (2022: £305,905). The loan is under no specific repayment terms. Interest is charged on the loan at a commercial rate.

9. ULTIMATE CONTROLLING PARTY

The controlling party is A J & C Reek.