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REGISTERED NUMBER: 01016832 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2024

for

ARENAL ESTATES AND DEVELOPMENTS LIMITED

ARENAL ESTATES AND DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01016832)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARENAL ESTATES AND DEVELOPMENTS LIMITED

Company Information
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Mrs J Barton
Mrs S R Josty





SECRETARY: Mrs S R Josty





REGISTERED OFFICE: 15 Ty Gwyn Crescent
Penylan
Cardiff
CF23 5JL





REGISTERED NUMBER: 01016832 (England and Wales)

ARENAL ESTATES AND DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01016832)

Balance Sheet
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 375,000 375,000
Investments 5 228,672 328,670
603,672 703,670

CURRENT ASSETS
Cash at bank 147,983 101,020

CREDITORS
Amounts falling due within one year 6 (7,389 ) (82,137 )
NET CURRENT ASSETS 140,594 18,883
TOTAL ASSETS LESS CURRENT
LIABILITIES

744,266

722,553

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 107,376 107,376
Retained earnings 636,790 615,077
SHAREHOLDERS' FUNDS 744,266 722,553

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

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

ARENAL ESTATES AND DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01016832)

Balance Sheet - continued
31 JULY 2024


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 10 February 2025 and were signed on its behalf by:





Mrs J Barton - Director


ARENAL ESTATES AND DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01016832)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Arenal Estates and Developments 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Arenal Estates and Developments Limited as an individual company and do not contain consolidated financial information. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

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 - 25% on cost

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such impairment exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

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.


ARENAL ESTATES AND DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01016832)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 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 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 August 2023
and 31 July 2024 375,000 2,473 377,473
DEPRECIATION
At 1 August 2023
and 31 July 2024 - 2,473 2,473
NET BOOK VALUE
At 31 July 2024 375,000 - 375,000
At 31 July 2023 375,000 - 375,000

ARENAL ESTATES AND DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01016832)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 July 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2006 232,376 - 232,376
Valuation in 2007 100,000 - 100,000
Valuation in 2009 (150,000 ) - (150,000 )
Valuation in 2010 100,000 - 100,000
Valuation in 2013 (50,000 ) - (50,000 )
Valuation in 2014 (150,000 ) - (150,000 )
Valuation in 2017 25,000 - 25,000
Cost 267,624 2,473 270,097
375,000 2,473 377,473

If Freehold property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 267,624 267,624

Freehold property was valued on an open market basis on 31 July 2020 by the directors of the company .

The freehold property has been revalued based on a valuation from the directors which they feel to be appropriate to the open market value of the property.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2023 328,670
Disposals (99,998 )
At 31 July 2024 228,672
NET BOOK VALUE
At 31 July 2024 228,672
At 31 July 2023 328,670

List investments are £228,672 at cost. The market value of these investments at 31 July 2024 is £259,260.

ARENAL ESTATES AND DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01016832)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 6,507 2,697
Amounts due to related undertakings - 78,600
Accrued expenses 882 840
7,389 82,137

7. RESERVES
Revaluation
reserve
£   
At 1 August 2023
and 31 July 2024 107,376

8. RELATED PARTY DISCLOSURES

Mrs J. Barton and Mrs S. Josty are directors of N.L. Holdings Limited. Amount due to N.L. Holdings Limited is £Nil (2023 - £78,600).

9. ULTIMATE CONTROLLING PARTY

Mrs J. Barton is the ultimate controlling party.

The ultimate parent undertaking is N. L. Holdings Limited.