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REGISTERED NUMBER: 09692055 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

ARM COMMERCIAL LIMITED

ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARM COMMERCIAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: A R Mander





REGISTERED OFFICE: Clarence Street Chambers
32 Clarence Street
Southend on Sea
Essex
SS1 1BD





BUSINESS ADDRESS: 67 Woodman Road
Brentwood
Essex
CM14 5AU





REGISTERED NUMBER: 09692055 (England and Wales)





ACCOUNTANTS: A.R. Lee & Co.
Chartered Certified Accountants
Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD

ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)

BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,942 22,590
Investment property 5 881,279 872,390
898,221 894,980

CURRENT ASSETS
Debtors 6 1,964 1,807
Cash at bank 1,746 3,074
3,710 4,881
CREDITORS
Amounts falling due within one year 7 120,401 93,292
NET CURRENT LIABILITIES (116,691 ) (88,411 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

781,530

806,569

CREDITORS
Amounts falling due after more than one
year

8

(337,128

)

(368,180

)

PROVISIONS FOR LIABILITIES (93,152 ) (91,463 )
NET ASSETS 351,250 346,926

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 385,402 378,203
Retained earnings (34,252 ) (31,377 )
SHAREHOLDERS' FUNDS 351,250 346,926

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

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

The director acknowledges his 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.

ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)

BALANCE SHEET - continued
31 JULY 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 director and authorised for issue on 27 October 2023 and were signed by:





A R Mander - Director


ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

ARM Commercial 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
The company's investment properties were revalued to open market value at the period end by the company's director using his best judgement.

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 NIL (2022 - NIL).

ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2022
and 31 July 2023 30,120 208 30,328
DEPRECIATION
At 1 August 2022 7,530 208 7,738
Charge for year 5,648 - 5,648
At 31 July 2023 13,178 208 13,386
NET BOOK VALUE
At 31 July 2023 16,942 - 16,942
At 31 July 2022 22,590 - 22,590

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 872,390
Revaluations 8,889
At 31 July 2023 881,279
NET BOOK VALUE
At 31 July 2023 881,279
At 31 July 2022 872,390

The company's investment properties were revalued to open market value at the period end by the company's director using his best judgement.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 1,964 1,807

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 7,211 6,872
Hire purchase contracts 5,035 5,035
Taxation and social security 886 723
Other creditors 107,269 80,662
120,401 93,292

ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 294,857 300,874
Hire purchase contracts 14,271 19,306
Other creditors 28,000 48,000
337,128 368,180

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 264,627 270,432

9. SECURED DEBTS

The following secured debts are included within creditors:

31.7.23 31.7.22
£    £   
Bank loans 302,068 307,746

The debt is secured by a fixed charge over all of the company's investment properties.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary 1 100 100