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REGISTERED NUMBER: 09788237 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ARBA INVESTMENTS LIMITED

ARBA INVESTMENTS LIMITED (REGISTERED NUMBER: 09788237)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARBA INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: A N Allen
R C Bryant
R A Burns
R L Eaton





REGISTERED OFFICE: 21 Hollowgate
Rotherham
South Yorkshire
S60 2LE





REGISTERED NUMBER: 09788237 (England and Wales)





ACCOUNTANTS: Drury & Co
Accountants & Business Advisors
21 Hollowgate
Rotherham
South Yorkshire
S60 2LE

ARBA INVESTMENTS LIMITED (REGISTERED NUMBER: 09788237)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,583,793 5,736,886

CURRENT ASSETS
Debtors 5 28,375 42,862
Cash at bank 289,036 100,646
317,411 143,508
CREDITORS
Amounts falling due within one year 6 264,527 564,180
NET CURRENT ASSETS/(LIABILITIES) 52,884 (420,672 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,636,677

5,316,214

CREDITORS
Amounts falling due after more than one
year

7

(2,674,555

)

(2,298,333

)

PROVISIONS FOR LIABILITIES (938,294 ) (715,469 )
NET ASSETS 2,023,828 2,302,412

CAPITAL AND RESERVES
Called up share capital 4 4
Non-distributable reserve 9 2,814,883 3,050,154
Retained earnings 9 (791,059 ) (747,746 )
SHAREHOLDERS' FUNDS 2,023,828 2,302,412

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

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

ARBA INVESTMENTS LIMITED (REGISTERED NUMBER: 09788237)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Board of Directors and authorised for issue on 26 June 2024 and were signed on its behalf by:





R L Eaton - Director


ARBA INVESTMENTS LIMITED (REGISTERED NUMBER: 09788237)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

ARBA 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property

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 (2022 - NIL).

ARBA INVESTMENTS LIMITED (REGISTERED NUMBER: 09788237)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Freehold Refurbishment
property costs Totals
£    £    £   
COST OR VALUATION
At 1 January 2023 5,063,175 1,586,825 6,650,000
Additions - 12,444 12,444
Revaluation (12,444 ) - (12,444 )
At 31 December 2023 5,050,731 1,599,269 6,650,000
DEPRECIATION
At 1 January 2023 592,317 320,797 913,114
Charge for year 89,169 63,924 153,093
At 31 December 2023 681,486 384,721 1,066,207
NET BOOK VALUE
At 31 December 2023 4,369,245 1,214,548 5,583,793
At 31 December 2022 4,470,858 1,266,028 5,736,886

Cost or valuation at 31 December 2023 is represented by:

Freehold Refurbishment
property costs Totals
£    £    £   
Valuation in 2023 5,050,731 1,599,269 6,650,000

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 3,813,718 3,813,718
Aggregate depreciation 513,049 437,024

Value of land in freehold land and buildings 3,300,669 3,376,694

Freehold land and buildings were valued on an open market basis on 31 December 2023 by Eaton Commercial Property Consultants .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 9,714 42,862
Other debtors 18,661 -
28,375 42,862

ARBA INVESTMENTS LIMITED (REGISTERED NUMBER: 09788237)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 100,576 267,396
Amounts owed to participating interests 49,886 35,471
Taxation and social security 32,208 72,211
Other creditors 81,857 189,102
264,527 564,180

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 2,674,555 2,298,333

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Lloyds Bank plc 2,746,356 2,528,613

9. RESERVES
Retained Non-distributable
earnings reserve Totals
£    £    £   

At 1 January 2023 (747,746 ) 3,050,154 2,302,408
Deficit for the year (278,583 ) - (278,583 )
Transfer to non-distributable
reserve 235,270 (235,271 ) (1 )
At 31 December 2023 (791,059 ) 2,814,883 2,023,824

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the reporting date, the company was indebted to each director in the sum of £249 (2022: £249). There were no transactions during the period.

There are no formal repayment terms attached to these loans and interest is not being charged.