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Company Registration No. 12792395 (England and Wales)
Araby Property Developments Ltd Unaudited accounts for the year ended 31 August 2024
Araby Property Developments Ltd Unaudited accounts Contents
Page
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Araby Property Developments Ltd Company Information for the year ended 31 August 2024
Director
Andrew Raby
Company Number
12792395 (England and Wales)
Registered Office
9 COLNE PARK THE CROFT CROMER NORFOLK NR27 9EH UNITED KINGDOM
Accountants
P Lacey & Associates Ltd Office 17 2 Regent House Lowestoft NR32 1PA
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Araby Property Developments Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
72,146 
76,302 
Current assets
Debtors
591 
1,284 
Cash at bank and in hand
79 
483 
670 
1,767 
Creditors: amounts falling due within one year
(7,282)
(70,483)
Net current liabilities
(6,612)
(68,716)
Total assets less current liabilities
65,534 
7,586 
Creditors: amounts falling due after more than one year
(291,591)
(221,723)
Net liabilities
(226,057)
(214,137)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(226,058)
(214,138)
Shareholders' funds
(226,057)
(214,137)
For the year ending 31 August 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 February 2025 and were signed on its behalf by
Andrew Raby Director Company Registration No. 12792395
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Araby Property Developments Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Araby Property Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 12792395. The registered office is 9 COLNE PARK, THE CROFT, CROMER, NORFOLK, NR27 9EH, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
55,520 
25,120 
857 
81,497 
At 31 August 2024
55,520 
25,120 
857 
81,497 
Depreciation
At 1 September 2023
- 
5,024 
171 
5,195 
Charge for the year
- 
4,019 
137 
4,156 
At 31 August 2024
- 
9,043 
308 
9,351 
Net book value
At 31 August 2024
55,520 
16,077 
549 
72,146 
At 31 August 2023
55,520 
20,096 
686 
76,302 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
591 
1,284 
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Araby Property Developments Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
6,787 
69,868 
Accruals
495 
615 
7,282 
70,483 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
146,220 
146,220 
Loans from directors
145,371 
75,503 
291,591 
221,723 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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