Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseProperty Development4true2022-02-01true4 11136523 2022-02-01 2023-01-31 11136523 2021-02-01 2022-01-31 11136523 2023-01-31 11136523 2022-01-31 11136523 c:Director1 2022-02-01 2023-01-31 11136523 d:CurrentFinancialInstruments 2023-01-31 11136523 d:CurrentFinancialInstruments 2022-01-31 11136523 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11136523 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 11136523 d:ShareCapital 2023-01-31 11136523 d:ShareCapital 2022-01-31 11136523 d:RetainedEarningsAccumulatedLosses 2023-01-31 11136523 d:RetainedEarningsAccumulatedLosses 2022-01-31 11136523 c:FRS102 2022-02-01 2023-01-31 11136523 c:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 11136523 c:FullAccounts 2022-02-01 2023-01-31 11136523 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 11136523 d:EntityControlledByKeyManagementPersonnel1 2022-02-01 2023-01-31 11136523 d:EntityControlledByKeyManagementPersonnel1 2023-01-31 11136523 d:EntityControlledByKeyManagementPersonnel1 2022-01-31 11136523 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-02-01 2023-01-31 11136523 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2021-02-01 2022-01-31 11136523 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-01-31 11136523 2 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 11136523









A & R DEVELOPERS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

 
A & R DEVELOPERS LTD
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Notes to the financial statements
 
 
4 - 6


 
A & R DEVELOPERS LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF A & R DEVELOPERS LTD
FOR THE YEAR ENDED 31 JANUARY 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A & R Developers Ltd for the year ended 31 January 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of A & R Developers Ltd, as a body, in accordance with the terms of our engagement letter dated 21 January 2019Our work has been undertaken solely to prepare for your approval the financial statements of A & R Developers Ltd  and state those matters that we have agreed to state to the Board of directors of A & R Developers Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A & R Developers Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that A & R Developers Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of A & R Developers Ltd. You consider that A & R Developers Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of A & R Developers Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
25 October 2023
Page 1

 
A & R DEVELOPERS LTD
REGISTERED NUMBER: 11136523

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
424,330
422,908

Cash at bank and in hand
  
374
3,679

  
424,704
426,587

Creditors: amounts falling due within one year
 5 
(416,043)
(416,692)

Net current assets
  
 
 
8,661
 
 
9,895

Total assets less current liabilities
  
8,661
9,895

  

Net assets
  
8,661
9,895


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
8,561
9,795

  
8,661
9,895


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
Page 2

 
A & R DEVELOPERS LTD
REGISTERED NUMBER: 11136523
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023


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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 October 2023.




A A Barnes
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
A & R DEVELOPERS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

The Company is a private company limited by shares.  It is both incorporated and domiciled in England and Wales.  The address of its registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans
Page 4

 
A & R DEVELOPERS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)


2.7
Financial instruments (continued)

and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).

Page 5

 
A & R DEVELOPERS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

4.


Debtors

2023
2022
£
£


Other debtors
424,230
422,808

Called up share capital not paid
100
100

424,330
422,908



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
415,243
415,193

Accruals and deferred income
800
1,499

416,043
416,692



6.


Creditors: Amounts falling due after more than one year





7.


Related party transactions

At 31 January 2023 the company owed £415,243 (2022: £415,193) to the directors. There is no set date for repayment. The loan is included within other creditors in note 5 to the financial statements.

At 31 January 2023 the company was owed £417,235 (2022: £416,138) by A & T Barnes Ltd, a company in which A A Barnes and T P Barnes have significant influence.  The balance is included within other debtors in note 4 to the financial statements.

 
Page 6