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REGISTERED NUMBER: 13393193 (England and Wales)















Aris Management Group Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 March 2024






Aris Management Group Limited (Registered number: 13393193)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Abridged Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Aris Management Group Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr Z Bhatti
Mr M N Bhatti





REGISTERED OFFICE: Beckett House
14 Billing Road
Northampton
NN1 5AW





REGISTERED NUMBER: 13393193 (England and Wales)





ACCOUNTANTS: Vanmali & Co Ltd
Chartered Certified Accountants
25A High Street
Daventry
Northamptonshire
NN11 4BG

Aris Management Group Limited (Registered number: 13393193)

Abridged Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 154,829 664
Investments 5 307 205
155,136 869

CURRENT ASSETS
Debtors 6 131,593 149,824
Cash at bank 290,682 282,263
422,275 432,087
CREDITORS
Amounts falling due within one year 53,374 46,267
NET CURRENT ASSETS 368,901 385,820
TOTAL ASSETS LESS CURRENT
LIABILITIES

524,037

386,689

CREDITORS
Amounts falling due after more than one
year

7

300,052

300,000
NET ASSETS 223,985 86,689

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 223,975 86,679
SHAREHOLDERS' FUNDS 223,985 86,689

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

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

Aris Management Group Limited (Registered number: 13393193)

Abridged Balance Sheet - continued
31 March 2024


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 March 2024 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 Board of Directors and authorised for issue on 2 December 2024 and were signed on its behalf by:





Mr Z Bhatti - Director


Aris Management Group Limited (Registered number: 13393193)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Aris Management Group 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 etc - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 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.

Land & buildings
Land and buildings are held as investment property and are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is recognized as profit or loss in the year.

Aris Management Group Limited (Registered number: 13393193)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 1,066
Additions 154,450
At 31 March 2024 155,516
DEPRECIATION
At 1 April 2023 402
Charge for year 285
At 31 March 2024 687
NET BOOK VALUE
At 31 March 2024 154,829
At 31 March 2023 664

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2023 205
Additions 102
At 31 March 2024 307
NET BOOK VALUE
At 31 March 2024 307
At 31 March 2023 205

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts owed by group undertakings 130,430 128,480

Aris Management Group Limited (Registered number: 13393193)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable by instalments
Other loans more 5yrs instal 300,000 300,000

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr Z Bhatti
Balance outstanding at start of year 21,344 -
Amounts advanced - 21,344
Amounts repaid (21,344 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 21,344

Director loan is subject to 5.5% interest.