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REGISTERED NUMBER: SC705307 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Aria Immobilarie Investments Ltd

Aria Immobilarie Investments Ltd (Registered number: SC705307)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aria Immobilarie Investments Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr G Anderson
Ms C A Deeney





REGISTERED OFFICE: Pavilion 2
Finnieston Business Park
Minerva Way
Glasgow
G3 8AU





REGISTERED NUMBER: SC705307 (Scotland)





ACCOUNTANTS: Advantage Accounting (Scotland) Ltd
Pavilion 2
Finnieston Business Park
Minerva Way
Glasgow
G3 8AU

Aria Immobilarie Investments Ltd (Registered number: SC705307)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 212,940 78,209

CURRENT ASSETS
Debtors 4 100 100
Cash at bank 4,970 -
5,070 100
CREDITORS
Amounts falling due within one year 5 110,250 78,209
NET CURRENT LIABILITIES (105,180 ) (78,109 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,760

100

CREDITORS
Amounts falling due after more than one
year

6

(106,514

)

-

PROVISIONS FOR LIABILITIES (693 ) -
NET ASSETS 553 100

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 3,150 -
Retained earnings (2,697 ) -
553 100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Aria Immobilarie Investments Ltd (Registered number: SC705307)

Balance Sheet - continued
30 November 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 22 August 2024 and were signed on its behalf by:





Mr G Anderson - Director


Aria Immobilarie Investments Ltd (Registered number: SC705307)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Aria Immobilarie Investments Ltd (Registered number: SC705307)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 78,209
Additions 131,581
Revaluations 3,150
At 30 November 2023 212,940
NET BOOK VALUE
At 30 November 2023 212,940
At 30 November 2022 78,209

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2023 3,150
Cost 209,790
212,940

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 100 100

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 2,318 -
Amounts owed to group undertakings - 78,209
Amounts owed to associates 106,390 -
Other creditors 1,542 -
110,250 78,209

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 106,514 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 89,546 -

Aria Immobilarie Investments Ltd (Registered number: SC705307)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 108,832 -

The Royal Bank of Scotland PLC holds a floating charge over the assets of the company.

8. RESERVES
Fair
value
reserve
£   
Revaluation movement 3,150

At 30 November 2023 3,150