Company Registration No. 10228409 (England and Wales)
ARA JOINT VENTURES LIMITED
Unaudited accounts
for the year ended 30 June 2023
ARA JOINT VENTURES LIMITED
Unaudited accounts
Contents
ARA JOINT VENTURES LIMITED
Company Information
for the year ended 30 June 2023
Company Number
10228409 (England and Wales)
Registered Office
119 ARLESTON DRIVE
NOTTINGHAM
NG8 2GB
ENGLAND
Accountants
Syldon & Co Accountants
333 Stratford Workshops
Burford Road
Stratford
London
E15 2SP
ARA JOINT VENTURES LIMITED
Statement of financial position
as at 30 June 2023
Tangible assets
31,811
34,588
Cash at bank and in hand
870
4,964
Creditors: amounts falling due within one year
(38,468)
(24,521)
Net current liabilities
(32,595)
(12,368)
Total assets less current liabilities
(784)
22,220
Creditors: amounts falling due after more than one year
(16,674)
(21,843)
Net (liabilities)/assets
(17,458)
377
Called up share capital
100
100
Profit and loss account
(17,558)
277
Shareholders' funds
(17,458)
377
For the year ending 30 June 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 April 2024 and were signed on its behalf by
ARVIND ARORA
Director
Company Registration No. 10228409
ARA JOINT VENTURES LIMITED
Notes to the Accounts
for the year ended 30 June 2023
ARA JOINT VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10228409. The registered office is 119 ARLESTON DRIVE, NOTTINGHAM, NG8 2GB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
2,600
58,004
2,805
63,409
At 30 June 2023
2,600
58,004
2,805
63,409
At 1 July 2022
-
26,935
1,886
28,821
Charge for the year
-
2,593
184
2,777
At 30 June 2023
-
29,528
2,070
31,598
At 30 June 2023
2,600
28,476
735
31,811
At 30 June 2022
2,600
31,069
919
34,588
Amounts falling due within one year
ARA JOINT VENTURES LIMITED
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,629
4,311
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 8).