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REGISTERED NUMBER: 05963542 (England and Wales)















ARCH ESTATE AGENTS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023






ARCH ESTATE AGENTS LTD (REGISTERED NUMBER: 05963542)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

ARCH ESTATE AGENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr J Barrett
Mrs P Barrett





SECRETARY: Mr J Barrett





REGISTERED OFFICE: 50 Austhorpe Road
Crossgates
LEEDS
West Yorkshire
LS15 8DX





REGISTERED NUMBER: 05963542 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

ARCH ESTATE AGENTS LTD (REGISTERED NUMBER: 05963542)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 1,692 2,930
1,692 2,930

CURRENT ASSETS
Debtors 6 104,748 110,157
Cash at bank 21,081 8,518
125,829 118,675
CREDITORS
Amounts falling due within one year 7 74,494 71,331
NET CURRENT ASSETS 51,335 47,344
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,027

50,274

CAPITAL AND RESERVES
Called up share capital 8 180 180
Share premium 49,980 49,980
Capital redemption reserve 10 10
Retained earnings 2,857 104
SHAREHOLDERS' FUNDS 53,027 50,274

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.

ARCH ESTATE AGENTS LTD (REGISTERED NUMBER: 05963542)

STATEMENT OF FINANCIAL POSITION - 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 8 July 2024 and were signed on its behalf by:





Mr J Barrett - Director


ARCH ESTATE AGENTS LTD (REGISTERED NUMBER: 05963542)

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

1. STATUTORY INFORMATION

Arch Estate Agents Ltd 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and Fittings - 15% on cost
Office Equipment - 20% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ARCH ESTATE AGENTS LTD (REGISTERED NUMBER: 05963542)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023
and 31 December 2023 281,861
AMORTISATION
At 1 January 2023
and 31 December 2023 281,861
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Office
Fittings Equipment Totals
£    £    £   
COST
At 1 January 2023 12,835 29,238 42,073
Additions - 749 749
At 31 December 2023 12,835 29,987 42,822
DEPRECIATION
At 1 January 2023 11,911 27,232 39,143
Charge for year 395 1,592 1,987
At 31 December 2023 12,306 28,824 41,130
NET BOOK VALUE
At 31 December 2023 529 1,163 1,692
At 31 December 2022 924 2,006 2,930

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,077 1,065
Other debtors 100,671 109,092
104,748 110,157

ARCH ESTATE AGENTS LTD (REGISTERED NUMBER: 05963542)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,182 2,883
Taxation and social security 14,414 9,919
Other creditors 56,898 58,529
74,494 71,331

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
800 Ordinary £0.10 80 80
100 B' Ordinary £1.00 100 100
180 180

On incorporation the company issued 20 £1 A ordinary shares. On 4th January 2017 the shares were sub divided creating 100 ordinary shares with a par value of 10p each. A further 700 ordinary shares were issued on 4th January 2017.

9. DIRECTORS TRANSACTIONS

The following interest free loans to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
Mr J Barrett
Balance outstanding at start of year 17,765 9,564
Amounts advanced 22,389 22,733
Amounts repaid (33,411 ) (14,532 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,743 17,765

ARCH ESTATE AGENTS LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
ARCH ESTATE AGENTS LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


8 July 2024