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Company Registration No. NI612853 (Northern Ireland)
ARCUS ESTATES LTD Unaudited accounts for the year ended 31 May 2024
ARCUS ESTATES LTD Annual report and abridged unaudited accounts for the year ended 31 May 2024
CONTENTS
PAGE
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ARCUS ESTATES LTD Company Information for the year ended 31 May 2024
Directors
Mr Philip Lee Mrs Carole Lee
Secretary
Mr Philip Lee
Company Number
NI612853 (Northern Ireland)
Registered Office
22 College Gardens Belfast BT9 6BS Northern Ireland
Accountants
ALAN CURRY 4 WARD AVENUE BANGOR, CO DOWN BT20 5JW
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ARCUS ESTATES LTD Statement of Financial Position as at 31 May 2024
2024 
2023 
£ 
£ 
Fixed assets
789,088 
790,207 
Current assets
57,403 
40,332 
Prepayments and accrued income
555 
6,713 
Creditors: amounts falling due within one year
(376,380)
(380,496)
Net current liabilities
(318,422)
(333,451)
Total assets less current liabilities
470,666 
456,756 
Creditors: amounts falling due after more than one year
(220,215)
(250,459)
Accruals and deferred income
(5,296)
(2,784)
Net assets
245,155 
203,513 
Capital and reserves
245,155 
203,513 
NOTES TO THE ACCOUNTS
1 Statutory information
ARCUS ESTATES LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI612853. The registered office is 22 College Gardens, Belfast, BT9 6BS, Northern Ireland.
2 Directors' advances, credit and guarantees
The balance due to Philip Lee at 1 June 2023 was £301,437. Advances of £15,238 were made to Philip Lee during the year by the Company. Philip Lee advanced £8,113 to the Company during the year. The balance due to Philip Lee at 31 May 2024 is £294,312
3 Guarantees and other financial commitments
During the accounting period the company paid interest on a Bounce Back Loan received in August 2021. Interest has been accounted for in respect of the accounting period. The loan balance at 31 May 2023 was £15,949 (2022: £20,602).
4 Average number of employees
During the year the average number of employees was 2 (2023: 2).
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ARCUS ESTATES LTD Statement of Financial Position as at 31 May 2024 (continued)
For the year ending 31 May 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 23 January 2025
Mr Philip Lee Director Company Registration No. NI612853
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