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REGISTERED NUMBER: 00593709 (England and Wales)















Unaudited Financial Statements

for the Period 1 March 2023 to 1 November 2023

for

ARH Investments Limited

ARH Investments Limited (Registered number: 00593709)






Contents of the Financial Statements
for the Period 1 March 2023 to 1 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ARH Investments Limited

Company Information
for the Period 1 March 2023 to 1 November 2023







DIRECTOR: P C R Hill





REGISTERED OFFICE: 34 Brown Street
Littleborough
Lancashire
OL15 8BW





REGISTERED NUMBER: 00593709 (England and Wales)





ACCOUNTANTS: Versatile Accountancy Services Ltd
The Old Printworks
65 Church Street
Littleborough
Lancashire
OL15 8AB

ARH Investments Limited (Registered number: 00593709)

Statement of Financial Position
1 November 2023

1.11.23 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 176 192
Investment property 5 170,000 323,000
170,176 323,192

CURRENT ASSETS
Debtors 6 54,279 -
Cash at bank 37,187 6,391
91,466 6,391
CREDITORS
Amounts falling due within one year 7 3,510 52,551
NET CURRENT ASSETS/(LIABILITIES) 87,956 (46,160 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

258,132

277,032

PROVISIONS FOR LIABILITIES 8 28,405 40,509
NET ASSETS 229,727 236,523

ARH Investments Limited (Registered number: 00593709)

Statement of Financial Position - continued
1 November 2023

1.11.23 28.2.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Share premium 9 16,169 16,169
P & L - non-distributable 9 63,696 179,852
Retained earnings 9 139,862 30,502
SHAREHOLDERS' FUNDS 229,727 236,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 1 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 1 November 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.

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 2 November 2023 and were signed by:





P C R Hill - Director


ARH Investments Limited (Registered number: 00593709)

Notes to the Financial Statements
for the Period 1 March 2023 to 1 November 2023

1. STATUTORY INFORMATION

ARH Investments 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 as modified by the revaluation of certain assets.

Turnover
Turnover comprises property rents receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - at variable rates on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment properties are properties held to earn rentals and/or for capital appreciation.

Investment properties are initially measured at cost, including transaction costs.

Subsequently investment properties are measured at fair value. Investment property valuations are based on an open market value. Deferred tax is provided on these movements. Gains and losses arising from changes in the fair value of investment properties are included in the Statement of Income and Retained Earnings in the period in which they arise.

Taxation
Taxation for the period 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 statement of financial position date.


ARH Investments Limited (Registered number: 00593709)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 1 November 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was 1 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023
and 1 November 2023 3,201 588 3,789
DEPRECIATION
At 1 March 2023 3,048 549 3,597
Charge for period 10 6 16
At 1 November 2023 3,058 555 3,613
NET BOOK VALUE
At 1 November 2023 143 33 176
At 28 February 2023 153 39 192

ARH Investments Limited (Registered number: 00593709)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 1 November 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 323,000
Disposals (153,000 )
At 1 November 2023 170,000
NET BOOK VALUE
At 1 November 2023 170,000
At 28 February 2023 323,000

Fair value at 1 November 2023 is represented by:
£   
Valuation in 1990 68,724
Valuation in 2004 36,275
Valuation in 2007 2,934
Valuation in 2019 63,696
Valuation in 2022 83,448
Valuation in 2023 (153,000 )
Cost 67,923
170,000

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

1.11.23 28.2.23
£    £   
Cost 6,619 6,619
Aggregate depreciation (5,537 ) (5,427 )

Freehold investment property was valued on an open market basis on 10 May 2007 by John Faulks, Chartered Surveyor .

ARH Investments Limited (Registered number: 00593709)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 1 November 2023

5. INVESTMENT PROPERTY - continued

Leasehold investment property was revalued on an open market basis on 30 August 2022 by Longden & Cook Real Estate Limited.

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

2023 - Cost £61,304 (2022 - Cost £61,304)

2023 - Aggregate depreciation (£31,661) (2023- Aggregate depreciation - (£30,640))

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
1.11.23 28.2.23
£    £   
Directors' loan accounts 54,279 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
1.11.23 28.2.23
£    £   
Trade creditors 1 -
Tax 1,083 -
Directors' loan accounts - 51,645
Accruals and deferred income 2,426 906
3,510 52,551

8. PROVISIONS FOR LIABILITIES
1.11.23 28.2.23
£    £   
Deferred tax 28,405 40,509

Deferred
tax
£   
Balance at 1 March 2023 40,509
Provided during period (12,104 )
Balance at 1 November 2023 28,405

ARH Investments Limited (Registered number: 00593709)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 1 November 2023

9. RESERVES
Retained Share P & L -
earnings premium non-distributable Totals
£    £    £    £   

At 1 March 2023 30,502 16,169 179,852 226,523
Profit for the period 176,060 176,060
Dividends (66,700 ) (66,700 )
Property disposal - - (116,156 ) (116,156 )
At 1 November 2023 139,862 16,169 63,696 219,727