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REGISTERED NUMBER: 14401686 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

6 OCTOBER 2022 TO 31 JANUARY 2024

FOR

ARC PROPERTIES ALCESTER LIMITED

ARC PROPERTIES ALCESTER LIMITED (REGISTERED NUMBER: 14401686)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 6 October 2022 to 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ARC PROPERTIES ALCESTER LIMITED

COMPANY INFORMATION
for the period 6 October 2022 to 31 January 2024







DIRECTOR: Mr B S Thorp





REGISTERED OFFICE: 1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB





REGISTERED NUMBER: 14401686 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

ARC PROPERTIES ALCESTER LIMITED (REGISTERED NUMBER: 14401686)

BALANCE SHEET
31 January 2024

Notes £   
CURRENT ASSETS
Stocks 4 1,132,672
Cash at bank and in hand 216,573
1,349,245
CREDITORS
Amounts falling due within one year 5 1,349,780
NET CURRENT LIABILITIES (535 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(535

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (635 )
(535 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 7 August 2024 and were signed by:





Mr B S Thorp - Director


ARC PROPERTIES ALCESTER LIMITED (REGISTERED NUMBER: 14401686)

NOTES TO THE FINANCIAL STATEMENTS
for the period 6 October 2022 to 31 January 2024

1. STATUTORY INFORMATION

ARC Properties Alcester 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 period 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Turnover from the sale of land and buildings is recognised when significant risks and rewards of ownership of the land and buildings have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on legal completion.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. STOCKS
£   
Work-in-progress 1,132,672

ARC PROPERTIES ALCESTER LIMITED (REGISTERED NUMBER: 14401686)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 6 October 2022 to 31 January 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 1,349,780