Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Marisa Jane Betteridge 20/08/2024 Denise Ann Newlyn 20/08/2024 10/08/2023 20 August 2025 The principal activity of the company during the financial year was letting and operating of own or leased real estate. 06651066 2024-12-31 06651066 bus:Director1 2024-12-31 06651066 bus:Director2 2024-12-31 06651066 2023-12-31 06651066 core:CurrentFinancialInstruments 2024-12-31 06651066 core:CurrentFinancialInstruments 2023-12-31 06651066 core:Non-currentFinancialInstruments 2024-12-31 06651066 core:Non-currentFinancialInstruments 2023-12-31 06651066 core:ShareCapital 2024-12-31 06651066 core:ShareCapital 2023-12-31 06651066 core:RetainedEarningsAccumulatedLosses 2024-12-31 06651066 core:RetainedEarningsAccumulatedLosses 2023-12-31 06651066 core:InvestmentPropertyIncludedWithinPPE 2023-12-31 06651066 core:OfficeEquipment 2023-12-31 06651066 core:InvestmentPropertyIncludedWithinPPE 2024-12-31 06651066 core:OfficeEquipment 2024-12-31 06651066 bus:OrdinaryShareClass1 2024-12-31 06651066 2024-01-01 2024-12-31 06651066 bus:FilletedAccounts 2024-01-01 2024-12-31 06651066 bus:SmallEntities 2024-01-01 2024-12-31 06651066 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 06651066 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06651066 bus:Director1 2024-01-01 2024-12-31 06651066 bus:Director2 2024-01-01 2024-12-31 06651066 core:OfficeEquipment 2024-01-01 2024-12-31 06651066 2023-01-01 2023-12-31 06651066 core:InvestmentPropertyIncludedWithinPPE 2024-01-01 2024-12-31 06651066 core:Non-currentFinancialInstruments 2024-01-01 2024-12-31 06651066 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 06651066 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06651066 (England and Wales)

A.R.B. PROPERTY PROJECTS LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

A.R.B. PROPERTY PROJECTS LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

A.R.B. PROPERTY PROJECTS LIMITED

BALANCE SHEET

As at 31 December 2024
A.R.B. PROPERTY PROJECTS LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 5,463,117 5,463,823
5,463,117 5,463,823
Current assets
Debtors 4 4,921 4,722
Cash at bank and in hand 132,559 25,879
137,480 30,601
Creditors: amounts falling due within one year 5 ( 16,211) ( 10,991)
Net current assets 121,269 19,610
Total assets less current liabilities 5,584,386 5,483,433
Creditors: amounts falling due after more than one year 6 ( 4,757,475) ( 4,676,603)
Net assets 826,911 806,830
Capital and reserves
Called-up share capital 7 100,000 100,000
Profit and loss account 726,911 706,830
Total shareholder's funds 826,911 806,830

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of A.R.B. Property Projects Limited (registered number: 06651066) were approved and authorised for issue by the Director on 20 August 2025. They were signed on its behalf by:

Marisa Jane Betteridge
Director
A.R.B. PROPERTY PROJECTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
A.R.B. PROPERTY PROJECTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

A.R.B. Property Projects Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Nexus House, 2 Cray Road, Sidcup, DA14 5DA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the rent in the ordinary course of the company's activities.
The company recognises rental income when:
- the amount of income can be reliably measured;
- it is probable that the future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Taxation

Current tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Investment property not depreciated
Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Investment property Office equipment Total
£ £ £
Cost
At 01 January 2024 5,461,000 3,329 5,464,329
At 31 December 2024 5,461,000 3,329 5,464,329
Accumulated depreciation
At 01 January 2024 0 506 506
Charge for the financial year 0 706 706
At 31 December 2024 0 1,212 1,212
Net book value
At 31 December 2024 5,461,000 2,117 5,463,117
At 31 December 2023 5,461,000 2,823 5,463,823

Investment properties

The director is of the view that the fair value of the investment properties has not materially changed since the last reporting date. Those earlier valuations were performed by the director on the basis of estimated market value, which is deemed to be not materially different to fair value. The carrying value that would have been recognised if a historic cost model had been adopted is £4,772,500 (2024: £4,772,500).

4. Debtors

2024 2023
£ £
Other debtors 4,921 4,722

5. Creditors: amounts falling due within one year

2024 2023
£ £
Corporation tax 4,962 2,866
Other creditors 11,249 8,125
16,211 10,991

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Amounts owed to Group undertakings 4,757,475 4,676,603

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100,000 Ordinary shares of £ 1.00 each 100,000 100,000

The profit and loss reserve account includes non-distributable reserves of £688,500.

8. Related party transactions

Transactions with owners holding a participating interest in the entity

The company has taken advantage of the exemption provided in FRS 102 1A from disclosing transactions with members of the same group.