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Company Registration No. 13689197 (England and Wales)
ARTASH PROPERTY LTD Unaudited accounts for the year ended 31 October 2024
ARTASH PROPERTY LTD Unaudited accounts Contents
Page
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ARTASH PROPERTY LTD Company Information for the year ended 31 October 2024
Directors
Dhaneswar DOORAREE Tapeshwee DOORAREE
Company Number
13689197 (England and Wales)
Registered Office
Timbos Birch Mead Orpington BR6 8LT England
Accountants
VSCT Tax Consultancy Ltd Chartered Certified Accountants and Tax Advisers 406 Brighton Road South Croydon CR2 6AN
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ARTASH PROPERTY LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,322,561 
1,322,561 
Current assets
Debtors
107,732 
- 
Cash at bank and in hand
95,529 
42,949 
203,261 
42,949 
Creditors: amounts falling due within one year
(32,957)
(5,802)
Net current assets
170,304 
37,147 
Total assets less current liabilities
1,492,865 
1,359,708 
Creditors: amounts falling due after more than one year
(1,337,540)
(1,337,227)
Net assets
155,325 
22,481 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
155,225 
22,381 
Shareholders' funds
155,325 
22,481 
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 31 July 2025 and were signed on its behalf by
Tapeshwee DOORAREE Director Company Registration No. 13689197
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ARTASH PROPERTY LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
ARTASH PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 13689197. The registered office is Timbos, Birch Mead, Orpington, BR6 8LT, England .
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2024 
£ 
Fair value at 1 November 2023
1,322,561 
At 31 October 2024
1,322,561 
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ARTASH PROPERTY LTD Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
95,750 
- 
Other debtors
11,982 
- 
107,732 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
27,177 
22 
Other creditors
5,000 
5,000 
Accruals
780 
780 
32,957 
5,802 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
543,806 
543,806 
Other creditors
50,780 
50,000 
Loans from directors
742,954 
743,421 
1,337,540 
1,337,227 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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