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REGISTERED NUMBER: 09941917 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 AUGUST 2024

FOR

ARDOR PROPERTIES LIMITED

ARDOR PROPERTIES LIMITED (REGISTERED NUMBER: 09941917)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 AUGUST 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


ARDOR PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 31 AUGUST 2024







DIRECTORS: Mr S Osborne Golding
Mrs R B Golding





REGISTERED OFFICE: Grove House Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF





REGISTERED NUMBER: 09941917 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ARDOR PROPERTIES LIMITED

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 Balance Sheet. 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ardor Properties Limited for the period ended 31 August 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ardor Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ardor Properties Limited and state those matters that we have agreed to state to the Board of Directors of Ardor Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ardor Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ardor Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ardor Properties Limited. You consider that Ardor Properties Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Ardor Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF


16 October 2024

ARDOR PROPERTIES LIMITED (REGISTERED NUMBER: 09941917)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,749 54,168
Investment property 5 813,702 357,338
839,451 411,506

CURRENT ASSETS
Stocks - 173,199
Debtors 6 47 123
Cash at bank 220,123 39,204
220,170 212,526
CREDITORS
Amounts falling due within one year 7 466,780 243,384
NET CURRENT LIABILITIES (246,610 ) (30,858 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

592,841

380,648

CREDITORS
Amounts falling due after more than one
year

8

(132,275

)

-

PROVISIONS FOR LIABILITIES (6,437 ) (13,542 )
NET ASSETS 454,129 367,106

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 454,127 367,104
SHAREHOLDERS' FUNDS 454,129 367,106

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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.

ARDOR PROPERTIES LIMITED (REGISTERED NUMBER: 09941917)

BALANCE SHEET - continued
31 AUGUST 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 16 October 2024 and were signed on its behalf by:





Mr S Osborne Golding - Director


ARDOR PROPERTIES LIMITED (REGISTERED NUMBER: 09941917)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 AUGUST 2024

1. STATUTORY INFORMATION

Ardor Properties 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.

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

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 20,228 82,579 4,438 107,245
Additions - - 899 899
Disposals - (28,589 ) - (28,589 )
At 31 August 2024 20,228 53,990 5,337 79,555
DEPRECIATION
At 1 April 2023 13,703 36,128 3,246 53,077
Charge for period 1,848 10,756 633 13,237
Eliminated on disposal - (12,508 ) - (12,508 )
At 31 August 2024 15,551 34,376 3,879 53,806
NET BOOK VALUE
At 31 August 2024 4,677 19,614 1,458 25,749
At 31 March 2023 6,525 46,451 1,192 54,168

ARDOR PROPERTIES LIMITED (REGISTERED NUMBER: 09941917)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 AUGUST 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 357,338
Additions 456,364
At 31 August 2024 813,702
NET BOOK VALUE
At 31 August 2024 813,702
At 31 March 2023 357,338

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 47 123

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 212,101 1,387
Taxation and social security 20,625 2,995
Other creditors 234,054 239,002
466,780 243,384

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 132,275 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 132,275 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 132,275 -