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REGISTERED NUMBER: 01185797 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

ARUNDEL AVIARIES AND FISHERIES LIMITED

ARUNDEL AVIARIES AND FISHERIES LIMITED (REGISTERED NUMBER: 01185797)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARUNDEL AVIARIES AND FISHERIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: Mr L Taylor
Mrs E V Taylor





REGISTERED OFFICE: 311/315 Arundel Street
Portsmouth
Hampshire
P01 1NJ





REGISTERED NUMBER: 01185797 (England and Wales)





ACCOUNTANTS: Casson Beckman
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

ARUNDEL AVIARIES AND FISHERIES LIMITED (REGISTERED NUMBER: 01185797)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 374,159 154,485
Investment property 5 350,000 163,964
724,159 318,449

CURRENT ASSETS
Stocks 17,000 17,000
Debtors 6 2,693 52,147
Cash in hand 3,244 2,330
22,937 71,477
CREDITORS
Amounts falling due within one year 7 15,815 10,532
NET CURRENT ASSETS 7,122 60,945
TOTAL ASSETS LESS CURRENT
LIABILITIES

731,281

379,394

CREDITORS
Amounts falling due after more than one
year

8

(469,578

)

(459,560

)

PROVISIONS FOR LIABILITIES (36,776 ) -
NET ASSETS/(LIABILITIES) 224,927 (80,166 )

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Revaluation reserve 179,846 35,000
Retained earnings 40,081 (120,166 )
224,927 (80,166 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

ARUNDEL AVIARIES AND FISHERIES LIMITED (REGISTERED NUMBER: 01185797)

BALANCE SHEET - continued
31 AUGUST 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by:




Mr L Taylor - Director



Mrs E V Taylor - Director


ARUNDEL AVIARIES AND FISHERIES LIMITED (REGISTERED NUMBER: 01185797)

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


1. STATUTORY INFORMATION

Arundel Aviaries And Fisheries 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.

Turnover
Turnover is for goods and services of pet supplies excluding value added tax.

Tangible fixed assets
Revalued assets are valued on an open market basis.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

ARUNDEL AVIARIES AND FISHERIES LIMITED (REGISTERED NUMBER: 01185797)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1 September 2022 149,531 56,157 205,688
Additions - 675 675
Disposals - (429 ) (429 )
Revaluations 222,033 - 222,033
At 31 August 2023 371,564 56,403 427,967
DEPRECIATION
At 1 September 2022 21,564 29,639 51,203
Charge for year - 2,687 2,687
Eliminated on disposal - (82 ) (82 )
At 31 August 2023 21,564 32,244 53,808
NET BOOK VALUE
At 31 August 2023 350,000 24,159 374,159
At 31 August 2022 127,967 26,518 154,485

Cost or valuation at 31 August 2023 is represented by:

Fixtures
Freehold and
property fittings Totals
£    £    £   
Valuation in 2023 222,033 - 222,033
Cost 149,531 56,403 205,934
371,564 56,403 427,967

ARUNDEL AVIARIES AND FISHERIES LIMITED (REGISTERED NUMBER: 01185797)

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


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022 163,964
Revaluations 186,036
At 31 August 2023 350,000
NET BOOK VALUE
At 31 August 2023 350,000
At 31 August 2022 163,964

Fair value at 31 August 2023 is represented by:
£   
Valuation in 2015 35,000
Valuation in 2023 186,036
Cost 128,964
350,000

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 128,964 128,964

The directors have reviewed the value of investment property at the Balance Sheet date and believe that this is representative of fair value at the reporting date.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,693 52,147

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,191 1,186
Trade creditors 1,258 2,232
Taxation and social security 2,151 2,190
Other creditors 6,215 4,924
15,815 10,532

ARUNDEL AVIARIES AND FISHERIES LIMITED (REGISTERED NUMBER: 01185797)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 469,578 459,560

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 6,191 1,186

The bank overdraft is secured over the assets of the company.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Directors loan accounts are repayable on demand but will not be recalled for a period of at least one year from the year end.