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REGISTERED NUMBER: 06015972 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 March 2024

for

Arrow Properties Essex Ltd

Arrow Properties Essex Ltd (Registered number: 06015972)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Arrow Properties Essex Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: K S Marshall
R L Marshall





SECRETARY: K S Marshall





REGISTERED OFFICE: Arrow House
Station Road
Maldon
Essex
CM9 4LQ





REGISTERED NUMBER: 06015972 (England and Wales)





ACCOUNTANTS: Affinia
Swift House, Ground Floor
18 Hoffmanns Way
Chelmsford
Essex
CM1 1GU

Arrow Properties Essex Ltd (Registered number: 06015972)

Balance Sheet
31 March 2024

31.3.23 31.3.24
£    £    Notes £    £   
FIXED ASSETS
22,858 Tangible assets 4 70,760
375,003 Investment property 5 375,003
397,861 445,763

CURRENT ASSETS
279,256 Debtors 6 19,343
3,850 Cash at bank 21,713
283,106 41,056
CREDITORS
544,860 Amounts falling due within one year 7 317,950
(261,754 ) NET CURRENT LIABILITIES (276,894 )
136,107 TOTAL ASSETS LESS CURRENT
LIABILITIES

168,869

CREDITORS
(2,542 ) Amounts falling due after more than one year 8 (22,222 )

(23,044 ) PROVISIONS FOR LIABILITIES (31,152 )
110,521 NET ASSETS 115,495

CAPITAL AND RESERVES
100 Called up share capital 100
155,702 Revaluation reserve 9 155,702
(45,281 ) Retained earnings (40,307 )
110,521 SHAREHOLDERS' FUNDS 115,495

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

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

Arrow Properties Essex Ltd (Registered number: 06015972)

Balance Sheet - continued
31 March 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 28 March 2025 and were signed on its behalf by:





K S Marshall - Director


Arrow Properties Essex Ltd (Registered number: 06015972)

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

1. STATUTORY INFORMATION

Arrow Properties Essex Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 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.

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.

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.

Arrow Properties Essex Ltd (Registered number: 06015972)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 86,550
Additions 66,624
At 31 March 2024 153,174
DEPRECIATION
At 1 April 2023 63,692
Charge for year 18,722
At 31 March 2024 82,414
NET BOOK VALUE
At 31 March 2024 70,760
At 31 March 2023 22,858

Arrow Properties Essex Ltd (Registered number: 06015972)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023 24,250
Additions 66,624
At 31 March 2024 90,874
DEPRECIATION
At 1 April 2023 18,282
Charge for year 13,984
At 31 March 2024 32,266
NET BOOK VALUE
At 31 March 2024 58,608
At 31 March 2023 5,968

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 375,003
NET BOOK VALUE
At 31 March 2024 375,003
At 31 March 2023 375,003

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 11,501 104,750
Other debtors 7,842 174,506
19,343 279,256

Arrow Properties Essex Ltd (Registered number: 06015972)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 19,209 7,875
Trade creditors 16,820 22,720
Taxation and social security 7,957 11,204
Other creditors 273,964 503,061
317,950 544,860

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 22,222 2,542

9. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 155,702

10. POST BALANCE SHEET EVENTS

There were no post balance sheet events that require being brought to the attention of the shareholders or creditors.