Registered number
12200433
Arch Squared Investments Limited
Filleted Accounts
30 November 2023
Arch Squared Investments Limited
Registered number: 12200433
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 960,756 960,756
Current assets
Debtors 4 13,411 -
Cash at bank and in hand 5,847 2,543
19,258 2,543
Creditors: amounts falling due within one year 5 (2,771) (2,287)
Net current assets 16,487 256
Total assets less current liabilities 977,243 961,012
Creditors: amounts falling due after more than one year 6 (999,047) (984,232)
Net liabilities (21,804) (23,220)
Capital and reserves
Called up share capital 100 100
Profit and loss account (21,904) (23,320)
Shareholders' funds (21,804) (23,220)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
E P Arch
Director
Approved by the board on 30 August 2024
Arch Squared Investments Limited
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses.
Debtors
Short term debtors are measured at transaction price.
Creditors
Short term creditors are measured at transaction price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Freehold properties
£
Cost
At 1 December 2022 960,756
At 30 November 2023 960,756
Depreciation
At 30 November 2023 -
Net book value
At 30 November 2023 960,756
At 30 November 2022 960,756
4 Debtors 2023 2022
£ £
Other debtors 13,411 -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,576 1,092
Other creditors 1,195 1,195
2,771 2,287
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 709,661 696,250
Other creditors 289,386 287,982
999,047 984,232
7 Loans 2023 2022
£ £
Creditors include:
Secured bank loans 709,661 696,250
Bank loans are secured by mortgages attached to the freehold properties.
8 Related party transactions
During the year the company borrowed £1,404 (2022: £10,755) from E A Consulting (Midlands) Limited a company that is controlled by E P Arch and P A Arch. The balance owed to E A Consulting (Midlands) Limited at 30 November 2023 was £289,386 (2022: £287,982). This debt is included in creditors: amounts falling due after more than one year.
9 Controlling party
The controlling party is E P Arch and P A Arch.
10 Other information
Arch Squared Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
137 Brandwood Road
Birmingham
B14 6PN
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