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REGISTERED NUMBER: 11940787 (England and Wales)



















Financial Statements

for the Year Ended 31 October 2024

for

ARA Investment Enterprises Limited

ARA Investment Enterprises Limited (Registered number: 11940787)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ARA Investment Enterprises Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: I S Kudhail
J K Kudhail





REGISTERED OFFICE: The Mills
Canal Street
Derby
Derbyshire
DE1 2RJ





REGISTERED NUMBER: 11940787 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

ARA Investment Enterprises Limited (Registered number: 11940787)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 165,000 135,000

CURRENT ASSETS
Cash at bank 2,515 3,421

CREDITORS
Amounts falling due within one year 5 134,798 131,307
NET CURRENT LIABILITIES (132,283 ) (127,886 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,717

7,114

PROVISIONS FOR LIABILITIES 6 5,960 1,900
NET ASSETS 26,757 5,214

CAPITAL AND RESERVES
Called up share capital 103 103
Fair value reserve 7 32,400 8,100
Retained earnings 7 (5,746 ) (2,989 )
SHAREHOLDERS' FUNDS 26,757 5,214

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by:




I S Kudhail - Director


ARA Investment Enterprises Limited (Registered number: 11940787)

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

1. STATUTORY INFORMATION

ARA Investment Enterprises 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 is the value of rents receivable during the period and is recognised in the period to which it relates to.

Investment property
Investment property is not depreciated but is revalued annually at its fair value in accordance with the Financial Reporting Standard 102 (Section 1A). Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account and transferred to a fair value reserve.

Deferred tax
Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 135,000
Revaluations 30,000
At 31 October 2024 165,000
NET BOOK VALUE
At 31 October 2024 165,000
At 31 October 2023 135,000

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2024 165,000

ARA Investment Enterprises Limited (Registered number: 11940787)

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

4. INVESTMENT PROPERTY - continued

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

2024 2023
£    £   
Cost 125,000 125,000
Aggregate depreciation 9,726 7,226

Investment property was valued on a fair value basis on 31 October 2024 by the directors .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Social security and other taxes - 400
Directors' current accounts 131,728 129,336
Accrued expenses 3,070 1,571
134,798 131,307

6. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 5,960 1,900

Deferred
tax
£   
Balance at 1 November 2023 1,900
Provided during year 4,060
Balance at 31 October 2024 5,960

7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 November 2023 (2,989 ) 8,100 5,111
Profit for the year 21,543 21,543
Revaluation (30,000 ) 30,000 -
Deferred tax 5,700 (5,700 ) -
At 31 October 2024 (5,746 ) 32,400 26,654