ARKENZ LTD

Company Registration Number:
12975696 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

ARKENZ LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

ARKENZ LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Investments: 3 7,432,556 398,735
Total fixed assets: 7,432,556 398,735
Current assets
Cash at bank and in hand: 9,975,531 1,563,205
Investments:   19,777,598
Total current assets: 29,753,129 1,563,205
Net current assets (liabilities): 29,753,129 1,563,205
Total assets less current liabilities: 37,185,685 1,961,940
Total net assets (liabilities): 37,185,685 1,961,940
Capital and reserves
Called up share capital: 1 1
Revaluation reserve:435,223,7450
Other reserves: 1,961,939 1,961,939
Shareholders funds: 37,185,685 1,961,940

The notes form part of these financial statements

ARKENZ LTD

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 May 2024
and signed on behalf of the board by:

Name: Chamkaur Singh
Status: Director

The notes form part of these financial statements

ARKENZ LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

ARKENZ LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 15 8

ARKENZ LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Fixed investments

Acquisition of commercial property

ARKENZ LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Revaluation reserve

2023
£
Balance at 01 November 2022 0
Surplus or deficit after revaluation 35,223,745
Balance at 31 October 2023 35,223,745