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Company Registration No. NI612853 (Northern Ireland)
ARCUS ESTATES LTD Unaudited accounts for the year ended 31 May 2023
ARCUS ESTATES LTD Annual report and abridged unaudited accounts for the year ended 31 May 2023
CONTENTS
PAGE
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ARCUS ESTATES LTD Company Information for the year ended 31 May 2023
Directors
Mr Philip Lee Mrs Carole Lee
Secretary
Mr Philip Lee
Company Number
NI612853 (Northern Ireland)
Registered Office
22 College Gardens Belfast BT9 6BS Northern Ireland
Accountants
ALAN CURRY 4 WARD AVENUE BANGOR, CO DOWN BT20 5JW
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ARCUS ESTATES LTD Statement of Financial Position as at 31 May 2023
2023 
2022 
£ 
£ 
Fixed assets
790,207 
793,082 
Current assets
40,332 
65,692 
Prepayments and accrued income
6,713 
1,330 
Creditors: amounts falling due within one year
(380,496)
(377,401)
Net current liabilities
(333,451)
(310,379)
Total assets less current liabilities
456,756 
482,703 
Creditors: amounts falling due after more than one year
(250,459)
(300,864)
Accruals and deferred income
(2,784)
(4,575)
Net assets
203,513 
177,264 
Capital and reserves
203,513 
177,264 
NOTES TO THE ACCOUNTS
1 Statutory information
ARCUS ESTATES LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI612853. The registered office is 22 College Gardens, Belfast, BT9 6BS, Northern Ireland.
2 Directors' advances, credit and guarantees
Balance due to Philip Lee at 31 May 2022 £309,588 Advances to Philip Lee in the year to 31 May 2023 £15,928 Sums received from Philip Lee in the year to 31 May 2023 £7,777 Balance due to Philip Lee at 31 May 2023 £301,437
3 Guarantees and other financial commitments
During the accounting period the company paid interest on a Bounce Back Loan received in August 2021. Interest has been accounted for in respect of the accounting period. The loan balance at 31 May 2023 was £15,949 (2022: £20,602).
4 Average number of employees
During the year the average number of employees was 2 (2022: 1).
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ARCUS ESTATES LTD Statement of Financial Position as at 31 May 2023 (continued)
For the year ending 31 May 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 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 19 October 2023
Mr Philip Lee Director Company Registration No. NI612853
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