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REGISTERED NUMBER: 09692055 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

ARM COMMERCIAL LIMITED

ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARM COMMERCIAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: A R Mander
Ms V J Mander





REGISTERED OFFICE: Clarence Street Chambers
32 Clarence Street
Southend on Sea
Essex
SS1 1BD





BUSINESS ADDRESS: The Round House
525 Newmarket Road
Cambridge
CB5 8LG





REGISTERED NUMBER: 09692055 (England and Wales)





ACCOUNTANTS: A.R. Lee & Co.
Chartered Certified Accountants
Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD

ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 58,913 16,942
Investment property 5 511,972 881,279
570,885 898,221

CURRENT ASSETS
Debtors 6 1,939 1,964
Cash at bank 4,466 1,746
6,405 3,710
CREDITORS
Amounts falling due within one year 7 64,845 120,401
NET CURRENT LIABILITIES (58,440 ) (116,691 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

512,445

781,530

CREDITORS
Amounts falling due after more than one
year

8

(206,057

)

(337,128

)

PROVISIONS FOR LIABILITIES (67,029 ) (93,152 )
NET ASSETS 239,359 351,250

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 154,628 385,402
Retained earnings 84,631 (34,252 )
SHAREHOLDERS' FUNDS 239,359 351,250

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)

BALANCE SHEET - continued
31 JULY 2024


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 3 September 2024 and were signed on its behalf by:





A R Mander - Director


ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

ARM Commercial 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost

Investment property
The company's investment properties were revalued to open market value at the period end by the company's director using his best judgement.

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 (2023 - NIL).

ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 - 30,120 208 30,328
Additions 10,394 33,172 3,726 47,292
Disposals - - (208 ) (208 )
At 31 July 2024 10,394 63,292 3,726 77,412
DEPRECIATION
At 1 August 2023 - 13,178 208 13,386
Charge for year 494 4,235 592 5,321
Eliminated on disposal - - (208 ) (208 )
At 31 July 2024 494 17,413 592 18,499
NET BOOK VALUE
At 31 July 2024 9,900 45,879 3,134 58,913
At 31 July 2023 - 16,942 - 16,942

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 881,279
Disposals (369,307 )
At 31 July 2024 511,972
NET BOOK VALUE
At 31 July 2024 511,972
At 31 July 2023 881,279

The company's investment properties were revalued to open market value on 31 July 2023 and reviewed at the period end. No further adjustment was considered necessary.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 1,939 1,964

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 2,195 7,211
Hire purchase contracts 19,653 5,035
Taxation and social security 7,875 886
Other creditors 35,122 107,269
64,845 120,401

ARM COMMERCIAL LIMITED (REGISTERED NUMBER: 09692055)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 153,267 294,857
Hire purchase contracts 24,790 14,271
Other creditors 28,000 28,000
206,057 337,128

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 141,815 264,627

9. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Bank loans 155,462 302,068

The debt is secured by a fixed charge over all of the company's investment properties.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary 1 100 100