2022-08-15 2023-08-31 false Capium Accounts Production 1.1 14296733 bus:AbridgedAccounts 2022-08-15 2023-08-31 14296733 bus:FRS102 2022-08-15 2023-08-31 14296733 bus:AuditExempt-NoAccountantsReport 2022-08-15 2023-08-31 14296733 bus:SmallCompaniesRegimeForAccounts 2022-08-15 2023-08-31 14296733 bus:PrivateLimitedCompanyLtd 2022-08-15 2023-08-31 14296733 2022-08-15 2023-08-31 14296733 2023-08-31 14296733 bus:RegisteredOffice 2022-08-15 2023-08-31 14296733 core:WithinOneYear 2023-08-31 14296733 core:AfterOneYear 2023-08-31 14296733 bus:Director1 2022-08-15 2023-08-31 14296733 bus:Director1 2023-08-31 14296733 bus:Director2 2022-08-15 2023-08-31 14296733 bus:Director2 2023-08-31 14296733 2021-08-15 14296733 bus:CompanySecretary1 2022-08-15 2023-08-31 14296733 bus:LeadAgentIfApplicable 2022-08-15 2023-08-31 14296733 2022-08-14 14296733 core:InvestmentProperties 2022-08-15 2023-08-31 14296733 core:InvestmentProperties 2023-08-31 14296733 core:InvestmentProperties 2022-08-14 14296733 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 14296733 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-08-14 14296733 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 14296733 core:CostValuation core:Non-currentFinancialInstruments 2022-08-14 14296733 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-08-31 14296733 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 14296733 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 14296733 core:Non-currentFinancialInstruments 2023-08-31 14296733 core:Non-currentFinancialInstruments 2022-08-14 14296733 core:ShareCapital 2023-08-31 14296733 core:RetainedEarningsAccumulatedLosses 2023-08-31 14296733 dpl:Item1 2022-08-15 14296733 dpl:Item1 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 14296733
England and Wales

 

 

 

ARKA ESTATES LTD


Abridged Accounts
 


Period of accounts

Start date: 15 August 2022

End date: 31 August 2023
 
 
Notes
 
2023
£
Fixed assets    
Tangible fixed assets 3 569,620 
569,620 
Current assets    
Cash at bank and in hand 257 
Creditors: amount falling due within one year (193,525)
Net current liabilities (193,268)
 
Total assets less current liabilities 376,352 
Creditors: amount falling due after more than one year (410,004)
Net liabilities (33,652)
 

Capital and reserves
   
Called up share capital 100 
Profit and loss account (33,752)
Shareholder's funds (33,652)
 


For the period ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 28 December 2023 and were signed on its behalf by:


-------------------------------
Venkata Sreenivasulu AVADHANAM
Director
1
General Information
ARKA ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 14296733, registration address 12 Prospect Close, Keynsham, Bristol, BS31 1GJ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the period was 0.
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 15 August 2022  
Additions 569,620    569,620 
Disposals  
At 31 August 2023 569,620    569,620 
Depreciation
At 15 August 2022  
Charge for period  
On disposals  
At 31 August 2023  
Net book values
Closing balance as at 31 August 2023 569,620    569,620 
Opening balance as at 15 August 2022  


4.

Ultimate Control

Mr. Venkata Sreenivasulu AVADHANAM is the Director and Share holder in the company with significant control in the company. 
2