PTP Accounts Production v22.2.0.402 11010393 Board of Directors 1.11.22 31.10.23 31.10.23 Rental of domestic properties. 0 false true false false true false Fair value model 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure110103932022-10-31110103932023-10-31110103932022-11-012023-10-31110103932022-10-3111010393ns16:EnglandWales2022-11-012023-10-3111010393ns15:PoundSterling2022-11-012023-10-3111010393ns11:Director12022-11-012023-10-3111010393ns11:PrivateLimitedCompanyLtd2022-11-012023-10-3111010393ns11:SmallEntities2022-11-012023-10-3111010393ns11:AuditExemptWithAccountantsReport2022-11-012023-10-3111010393ns11:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3111010393ns11:SmallCompaniesRegimeForAccounts2022-11-012023-10-3111010393ns11:FullAccounts2022-11-012023-10-3111010393ns11:Director22022-11-012023-10-3111010393ns11:RegisteredOffice2022-11-012023-10-3111010393ns6:CurrentFinancialInstruments2023-10-3111010393ns6:ShareCapital2023-10-3111010393ns6:RetainedEarningsAccumulatedLosses2023-10-3111010393ns6:OwnedAssets2022-11-012023-10-3111010393ns6:PlantMachinery2022-10-3111010393ns6:PlantMachinery2022-11-012023-10-3111010393ns6:PlantMachinery2023-10-3111010393ns6:PlantMachinery2022-10-3111010393ns6:WithinOneYearns6:CurrentFinancialInstruments2023-10-31
REGISTERED NUMBER: 11010393 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 October 2023

for

Arkad Estates Limited

Arkad Estates Limited (Registered number: 11010393)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Arkad Estates Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mr D I Day
Mr W D Wickers





REGISTERED OFFICE: Spectrum House
2b Suttons Lane
Hornchurch
Essex
RM12 6RJ





REGISTERED NUMBER: 11010393 (England and Wales)





ACCOUNTANTS: BSM (U.K) Accountants Ltd
Unit 9 Creekmouth Industrial Estate
57 River Road
Barking
Essex
IG11 0DA

Arkad Estates Limited (Registered number: 11010393)

Report of the Directors
for the Year Ended 31 October 2023

The directors present their report with the financial statements of the company for the year ended 31 October 2023.

INCORPORATION
The company was incorporated on 12 October 2017 .

DIRECTORS
The directors shown below have held office during the whole of the period from 1 November 2022 to the date of this report.

Mr D I Day
Mr W D Wickers

Both the directors, being eligible, offer themselves for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr D I Day - Director


24 November 2023

Arkad Estates Limited (Registered number: 11010393)

Income Statement
for the Year Ended 31 October 2023

Notes £   

TURNOVER -

Administrative expenses 8,628
(8,628 )

Other operating income 8,357
OPERATING LOSS and
LOSS BEFORE TAXATION (271 )

Tax on loss -
LOSS FOR THE FINANCIAL YEAR (271 )

Arkad Estates Limited (Registered number: 11010393)

Balance Sheet
31 October 2023

Notes £    £   
FIXED ASSETS
Tangible assets 5 551
Investment property 6 95,000
95,551

CURRENT ASSETS
Debtors 7 6,000
Cash at bank 4,734
10,734
CREDITORS
Amounts falling due within one year 8 109,790
NET CURRENT LIABILITIES (99,056 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,505

)

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings (3,507 )
SHAREHOLDERS' FUNDS (3,505 )

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

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by:





Mr D I Day - Director


Arkad Estates Limited (Registered number: 11010393)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Arkad Estates 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.

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
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.

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.

4. OPERATING LOSS

The operating loss is stated after charging:

£   
Depreciation - owned assets 121

Arkad Estates Limited (Registered number: 11010393)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 672
DEPRECIATION
Charge for year 121
At 31 October 2023 121
NET BOOK VALUE
At 31 October 2023 551
At 31 October 2022 672

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 95,000
NET BOOK VALUE
At 31 October 2023 95,000
At 31 October 2022 95,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 6,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 61,362
Other creditors 48,428
109,790