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REGISTERED NUMBER: 07555438 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

ARTHUR ROAD PROPERTIES LIMITED

ARTHUR ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 07555438)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARTHUR ROAD PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: Ms A S Cauthery





REGISTERED OFFICE: 45 Queen Street
Wolverhampton
WV1 3BJ





REGISTERED NUMBER: 07555438 (England and Wales)





ACCOUNTANTS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW

ARTHUR ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 07555438)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 9,384 11,017
Investment property 5 3,125,001 3,125,001
3,134,385 3,136,018

CURRENT ASSETS
Debtors 6 885,992 904,821
Cash at bank and in hand 93,549 37,060
979,541 941,881
CREDITORS
Amounts falling due within one year 7 209,056 224,407
NET CURRENT ASSETS 770,485 717,474
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,904,870

3,853,492

PROVISIONS FOR LIABILITIES 228,025 -
NET ASSETS 3,676,845 3,853,492

CAPITAL AND RESERVES
Called up share capital 8,272 8,272
Revaluation reserve 8 - 1,200,131
Fair value reserve 8 972,106 -
Retained earnings 8 2,696,467 2,645,089
SHAREHOLDERS' FUNDS 3,676,845 3,853,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ARTHUR ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 07555438)

BALANCE SHEET - continued
31 AUGUST 2023


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 24 February 2025 and were signed by:





Ms A S Cauthery - Director


ARTHUR ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 07555438)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

Arthur Road Properties 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.

Turnover
Turnover represents rent receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment and furniture - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

ARTHUR ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 07555438)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


4. TANGIBLE FIXED ASSETS
Office
equipment
and Motor
furniture vehicles Totals
£ £ £
COST
At 1 September 2022 7,267 14,995 22,262
Additions 1,578 - 1,578
Disposals (1,213 ) - (1,213 )
At 31 August 2023 7,632 14,995 22,627
DEPRECIATION
At 1 September 2022 5,856 5,389 11,245
Charge for year 420 2,401 2,821
Eliminated on disposal (823 ) - (823 )
At 31 August 2023 5,453 7,790 13,243
NET BOOK VALUE
At 31 August 2023 2,179 7,205 9,384
At 31 August 2022 1,411 9,606 11,017

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 September 2022
and 31 August 2023 3,125,001
NET BOOK VALUE
At 31 August 2023 3,125,001
At 31 August 2022 3,125,001

ARTHUR ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 07555438)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


5. INVESTMENT PROPERTY - continued

Fair value at 31 August 2023 is represented by:
£
Valuation in 2012 1,276,116
Valuation in 2015 (921,923 )
Valuation in 2016 (183,492 )
Valuation in 2017 60,000
Valuation in 2018 (21,971 )
Valuation in 2021 779,952
Valuation in 2022 211,449
Cost 1,924,870
3,125,001

If investment properties had not been revalued they would have been included at the following historical cost:

2023 2022
£ £
Cost 1,924,870 1,880,928

Investment properties were valued on an open market basis on 31 August 2023 by the director .

6. DEBTORS
2023 2022
£ £
Amounts falling due within one year:
Trust 3,972 3,972
Other debtors - 2,785
Prepayments - 16,044
3,972 22,801

Amounts falling due after more than one year:
Loan 882,020 882,020

Aggregate amounts 885,992 904,821

ARTHUR ROAD PROPERTIES LIMITED (REGISTERED NUMBER: 07555438)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Amounts owed to group undertakings 187,486 187,486
Corporation tax 12,721 13,926
Other creditors 763 663
Rental deposits 4,125 4,125
Trust 1,469 1,469
Directors' loan accounts - 12,044
Accrued expenses 2,492 4,694
209,056 224,407

8. RESERVES
Retained Revaluation Fair value
earnings reserve reserve Totals
£ £ £ £

At 1 September 2022 2,645,089 1,200,131 - 3,845,220
Profit for the year 51,378 - - 51,378
Deferred tax provision - - (228,025 ) (228,025 )
Reclassification of reserves - (1,200,131 ) 1,200,131 -
At 31 August 2023 2,696,467 - 972,106 3,668,573