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REGISTERED NUMBER: 13150267 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Ars Vivendi Investments Ltd

Ars Vivendi Investments Ltd (Registered number: 13150267)






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




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Ars Vivendi Investments Ltd (Registered number: 13150267)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,515 -
Investments 5 51 -
Investment property 6 5,237,500 3,612,400
5,239,066 3,612,400

CURRENT ASSETS
Debtors 7 15,960 252,507
Cash at bank 252,502 1,803
268,462 254,310
CREDITORS
Amounts falling due within one year 8 3,860,119 3,441,603
NET CURRENT LIABILITIES (3,591,657 ) (3,187,293 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,647,409

425,107

CREDITORS
Amounts falling due after more than
one year

9

(1,385,979

)

(237,150

)

PROVISIONS FOR LIABILITIES (72,567 ) (36,087 )
NET ASSETS 188,863 151,870

Ars Vivendi Investments Ltd (Registered number: 13150267)

Statement of Financial Position - continued
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 11 100 100
Fair value reserve 12 1,113,383 500,441
Retained earnings (924,620 ) (348,671 )
SHAREHOLDERS' FUNDS 188,863 151,870

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

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

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 28 January 2025 and were signed on its behalf by:





Mrs Suzanne Van Den Hoogen - Director


Ars Vivendi Investments Ltd (Registered number: 13150267)

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

1. STATUTORY INFORMATION

Ars Vivendi Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13150267

Registered office: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the fair value of rent received or receivable from the investment properties, 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.
Computer equipment - 33% on cost

Investment property
Investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.


Ars Vivendi Investments Ltd (Registered number: 13150267)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
Additions 1,653
At 31 January 2024 1,653
DEPRECIATION
Charge for year 138
At 31 January 2024 138
NET BOOK VALUE
At 31 January 2024 1,515

5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
Additions 51
At 31 January 2024 51
NET BOOK VALUE
At 31 January 2024 51

Ars Vivendi Investments Ltd (Registered number: 13150267)

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

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 3,612,400
Additions 975,677
Revaluations 649,423
At 31 January 2024 5,237,500
NET BOOK VALUE
At 31 January 2024 5,237,500
At 31 January 2023 3,612,400

Investment property situated at 52 St Andrews Road, South, Lytham St Annes, FY81PS is under a charge from Hampshire Trust Bank PLC. The charge was created on 27th April 2022.

Investment property situated at 31 Watson Road, Blackpool, FY4 1EG is under a charge from Ms Lending Group Limited. The charge was created on 19th July 2023.

Investment property situated at 363 Lytham Road, Blackpool FY4 1EA is under a charge from Tudor Douglas Properties LTD. The charge was created on 14th December 2023.

Investment properties situated at 1) 49 Lobelia Avenue, Liverpool L9 1JB 2) 51 Lobelia Avenue, Liverpool L9 1JB 3) 55 Lobelia Avenue, Liverpool L9 1JB 4) 59 Lobelia Avenue, Liverpool L9 1JB 5) 30 Chesterfield Road, Blackpool FY1 2PP 6) 44 Central Drive, Blackpool FY1 5QA are under a charge from Hampshire Trust Bank PLC. The charge was created on 5th December 2023.

Investment properties situated at 1) 23 Osborne Road, Blackpool FY4 1HJ 2) 5 Dean Street, Blackpool FY4 1AU 3) 24 Laurel Road, Birkenhead, CH42 0JA 4) 24A Laurel Road, Birkenhead CH42 0JA are under a charge from Rocket Bridging Limited. The charge was created on 14th December 2023.

Investment properties situated at 1) 59 Osborne Road, Blackpool, FY4 1HQ 2) 8 Crystal Road, Blackpool, FY1 6BS 3) 59 St Chads Road, Blackpool, FY1 6BP 4) 1 Handley Road, Blackpool, FY1 3HW are under a charge from Cambridge & Counties Bank Limited. The charge was created on 5th December 2023.

Ars Vivendi Investments Ltd (Registered number: 13150267)

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

6. INVESTMENT PROPERTY - continued

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2022 56,015
Valuation in 2023 480,512
Valuation in 2024 649,423
Cost 4,051,550
5,237,500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 15,960 252,507

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 400,000 1,710,750
Other creditors 3,460,119 1,730,853
3,860,119 3,441,603

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans 1,385,979 237,150

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,385,979 237,150

Ars Vivendi Investments Ltd (Registered number: 13150267)

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

10. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Bank loans 1,785,979 1,947,900

The loan amounting to £237,150 is secured by the way of charge on the property situated at 52 St Andrews Road, South, Lytham St Annes, FY81PS (disclosed as investment property). The charge was created in the name of Hampshire Trust Bank PLC on 27th April 2022.

The loan amounting to £300,000 is secured by the way of charge on the property situated at 31 Watson Road, Blackpool, FY4 1EG (disclosed as investment property). The charge was created in the name of on Ms Lending Group Limited on 19th July 2023.

The loan amounting to £100,000 is secured by the way of charge on the property situated at 363 Lytham Road, Blackpool FY4 1EA (disclosed as investment property). The charge was created in the name of on Tudor Douglas Properties LTD on 14th December 2023.

The loan amounting to £388,829 is secured by the way of charge on the property situated at 1) 49 Lobelia Avenue, Liverpool L9 1JB 2) 51 Lobelia Avenue, Liverpool L9 1JB 3) 55 Lobelia Avenue, Liverpool L9 1JB 4) 59 Lobelia Avenue, Liverpool L9 1JB 5) 30 Chesterfield Road, Blackpool FY1 2PP 6) 44 Central Drive, Blackpool FY1 5QA (disclosed as investment property). The charge was created in the name of on Hampshire Trust Bank PLC on 5th December 2023.

The loan amounting to £357,500 is secured by the way of charge on the property situated at 1) 23 Osborne Road, Blackpool FY4 1HJ 2) 5 Dean Street, Blackpool FY4 1AU 3) 24 Laurel Road, Birkenhead, CH42 0JA 4) 24A Laurel Road, Birkenhead CH42 0JA (disclosed as investment property). The charge was created in the name of on Rocket Bridging Limited on 14th December 2023.

The loan amounting to £760,000 is secured by the way of charge on the property situated at 1) 59 Osborne Road, Blackpool, FY4 1HQ 2) 8 Crystal Road, Blackpool, FY1 6BS 3) 59 St Chads Road, Blackpool, FY1 6BP 4) 1 Handley Road, Blackpool, FY1 3HW (disclosed as investment property). The charge was created in the name of on Cambridge & Counties Bank Limited on 5th December 2023.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

Ars Vivendi Investments Ltd (Registered number: 13150267)

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

12. RESERVES
Fair
value
reserve
£   
At 1 February 2023 500,441
Transfer to/from reserves 612,942

At 31 January 2024 1,113,383

13. RELATED PARTY DISCLOSURES

The company owes £192,554 (2023: £334,322) to its director, Mr Vincent Exalto who is also a 50% shareholder of the company as at accounting year end date.

The company owes £1,195,119 (2023: £1,299,853) to its director, Mrs Suzanne Van Den Hoogen Exalto who is also a 50% shareholder of the company as at accounting year end date.

The company owes £88,547 (2023: was owed £1,909) as at accounting year end date to Ars Vivendi Trading Ltd, a company registered in United Kingdom (Company registered number: 13150253). Mr Vincent Exalto and Mrs Suzanne Van Den Hoogen Exalto are also directors and shareholders of this company holding 50% each in this company.

The company owes £1,419,404 (2023: was owed £200,332) to Damexa Investments Ltd, a company registered in the United Kingdom (Company registered number: 14312986), who is also a 51% shareholder of the company as of the accounting year end date. Mr. Vincent Exalto and Mrs. Suzanne Van Den Hoogen Exalto are also directors of this company.