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REGISTERED NUMBER: 13077851 (England and Wales)















Abridged Unaudited Financial Statements for the Year Ended 31 December 2023

for

ARCH PROPERTY INVESTMENT LTD

ARCH PROPERTY INVESTMENT LTD (REGISTERED NUMBER: 13077851)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ARCH PROPERTY INVESTMENT LTD

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mrs S Mir Mohammad Sadeghi





REGISTERED OFFICE: 27 Daventry Street
London
NW1 6TD





REGISTERED NUMBER: 13077851 (England and Wales)





ACCOUNTANTS: Garo & Co UK LLP
Chartered Certified Accountants
27 Daventry Street
London
NW1 6TD

ARCH PROPERTY INVESTMENT LTD (REGISTERED NUMBER: 13077851)

Abridged Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 60,315 -
Investment property 5 3,351,068 2,504,090
3,411,383 2,504,090

CURRENT ASSETS
Debtors 9,881 8,916

CREDITORS
Amounts falling due within one year 3,313,610 2,468,243
NET CURRENT LIABILITIES (3,303,729 ) (2,459,327 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,654

44,763

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 107,554 44,663
SHAREHOLDERS' FUNDS 107,654 44,763

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 director acknowledges her 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 PROPERTY INVESTMENT LTD (REGISTERED NUMBER: 13077851)

Abridged Balance Sheet - 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 September 2024 and were signed by:





Mrs S Mir Mohammad Sadeghi - Director


ARCH PROPERTY INVESTMENT LTD (REGISTERED NUMBER: 13077851)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Arch Property Investment 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.

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.

Turnover
The turnover is attributable to the company's main activity, and is made up of rental income.

Investment property
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

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.

Fixed asset investments
Fixed asset investments in Limited Liability Partnerships are measured at cost less permanent impairment.

Permanent impairments are taken to the Company's profit and loss account.

Going concern
The director has assessed that there are no significant doubts in the Company's ability to continue as a going concern.

As a result, the financial statements have been prepared on a going concern basis.

ARCH PROPERTY INVESTMENT LTD (REGISTERED NUMBER: 13077851)

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 1 (2022 - NIL ) .

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
Additions 60,315
At 31 December 2023 60,315
NET BOOK VALUE
At 31 December 2023 60,315

Fixed asset investments are equity investments in a property Limited Liability Partnership measured at cost less permanent impairment.

Permanent impairments are taken to the Company's profit and loss account.

The historic cost of the equity investments was £60,315 (2022: £Nil).

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 2,504,090
Additions 846,978
At 31 December 2023 3,351,068
NET BOOK VALUE
At 31 December 2023 3,351,068
At 31 December 2022 2,504,090

The fair values of the properties at 31 December 2023 have been arrived at on the basis of valuations carried out at that date by Mrs S Mir Mohammad Sadeghi, the director of the company who is not a professionally qualified valuer. The valuations, which do not differ from the cost at the date of acquisition, were arrived at by reference to market evidence of transaction prices for similar properties in their location and take into account the economic forces of the rental market in the area where each property is situated.