Company Registration No. 12432558 (England and Wales)
ARLOW PROPERTY GROUP LTD
Unaudited accounts
for the year ended 31 January 2024
ARLOW PROPERTY GROUP LTD
Unaudited accounts
Contents
ARLOW PROPERTY GROUP LTD
Company Information
for the year ended 31 January 2024
Directors
Ravi Chopra
Samia Farzana Khan
Company Number
12432558 (England and Wales)
Registered Office
2 Derwent Avenue
Manchester
M21 7QP
Accountants
BANNER AND ASSOCIATES
BANNER HOUSE
29 BYRON ROAD
HARROW
MIDDLESEX
HA1 1JR
ARLOW PROPERTY GROUP LTD
Statement of financial position
as at 31 January 2024
Tangible assets
1,191,507
1,568,390
Cash at bank and in hand
293,313
8,857
Creditors: amounts falling due within one year
(333,649)
(299,461)
Net current assets/(liabilities)
45,889
(286,224)
Total assets less current liabilities
1,237,396
1,282,166
Creditors: amounts falling due after more than one year
(1,125,532)
(1,276,854)
Called up share capital
100
100
Profit and loss account
111,764
5,212
Shareholders' funds
111,864
5,312
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by
Ravi Chopra
Director
Company Registration No. 12432558
ARLOW PROPERTY GROUP LTD
Notes to the Accounts
for the year ended 31 January 2024
ARLOW PROPERTY GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 12432558. The registered office is 2 Derwent Avenue, Manchester, M21 7QP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 1 February 2023
1,568,390
At 31 January 2024
1,191,507
At 31 January 2024
1,191,507
At 31 January 2023
1,568,390
Amounts falling due within one year
Accrued income and prepayments
3,225
1,380
Other debtors
83,000
3,000
ARLOW PROPERTY GROUP LTD
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
92
621
Taxes and social security
153,010
-
Proposed dividends
21,286
10,691
Accrued preference dividends
-
(58)
Other creditors
31,075
173,889
Loans from directors
127,106
113,298
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
691,634
842,956
Obligations under finance leases and hire purchase contracts
105,910
105,910
Other creditors
327,988
327,988
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).