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REGISTERED NUMBER: 14690150 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 27 FEBRUARY 2023 TO 29 FEBRUARY 2024

FOR

ARUS ESTATES LTD

ARUS ESTATES LTD (REGISTERED NUMBER: 14690150)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 27 FEBRUARY 2023 TO 29 FEBRUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ARUS ESTATES LTD

COMPANY INFORMATION
FOR THE PERIOD 27 FEBRUARY 2023 TO 29 FEBRUARY 2024







DIRECTOR: J Schreiber





REGISTERED OFFICE: 150 Rosebery Avenue
London
N17 9SD





REGISTERED NUMBER: 14690150 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

ARUS ESTATES LTD (REGISTERED NUMBER: 14690150)

STATEMENT OF FINANCIAL POSITION
29 FEBRUARY 2024

Notes £   
FIXED ASSETS
Investment property 4 741,637

CURRENT ASSETS
Cash at bank 8,595

CREDITORS
Amounts falling due within one year 5 (259,776 )
NET CURRENT LIABILITIES (251,181 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

490,456

CREDITORS
Amounts falling due after more than one
year

6

(561,750

)
NET LIABILITIES (71,294 )

CAPITAL AND RESERVES
Called up share capital 8 1
Retained earnings 9 (71,295 )
SHAREHOLDERS' FUNDS (71,294 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 27 November 2024 and were signed by:




J Schreiber - Director


ARUS ESTATES LTD (REGISTERED NUMBER: 14690150)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 27 FEBRUARY 2023 TO 29 FEBRUARY 2024

1. STATUTORY INFORMATION

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 741,637
At 29 February 2024 741,637
NET BOOK VALUE
At 29 February 2024 741,637

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 259,056
Accrued expenses 720
259,776

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans (see note 7) 561,750

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 561,750

ARUS ESTATES LTD (REGISTERED NUMBER: 14690150)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 27 FEBRUARY 2023 TO 29 FEBRUARY 2024

7. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 561,750

8. CALLED UP SHARE CAPITAL

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

9. RESERVES
Retained
earnings
£   

Deficit for the period (71,295 )
At 29 February 2024 (71,295 )

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Schreiber.