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Registered Number: 13770864
England and Wales

 

 

 

AR 3 PROPERTIES LTD



Abridged Accounts
 


Period of accounts

Start date: 01 December 2023

End date: 30 November 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 1,167,843    1,167,843 
1,167,843    1,167,843 
Current assets      
Debtors   1 
Cash at bank and in hand 212    6,851 
212    6,852 
Creditors: amount falling due within one year (25,494)   (19,472)
Net current assets (25,282)   (12,620)
 
Total assets less current liabilities 1,142,561    1,155,223 
Creditors: amount falling due after more than one year (1,036,332)   (1,110,978)
Net assets 106,229    44,245 
 

Capital and reserves
     
Profit and loss account 106,229    44,245 
Shareholders' funds 106,229    44,245 
 


For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 30 August 2025 and were signed by:


-------------------------------
Fahad SHAKEEL
Director
1
General Information
AR 3 PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13770864, registration address APARTMENT 39 CHELSEA TOWERS, CHELSEA MANOR GARDENS, LONDON, SW3 5PN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Total
  £   £
At 01 December 2023 1,167,843    1,167,843 
Additions  
Disposals  
At 30 November 2024 1,167,843    1,167,843 
Depreciation
At 01 December 2023  
Charge for year  
On disposals  
At 30 November 2024  
Net book values
Closing balance as at 30 November 2024 1,167,843    1,167,843 
Opening balance as at 01 December 2023 1,167,843    1,167,843 

The net book value of Land and Buildings includes £ 1,167,843 (2023 £1,167,843) in respect of assets leased under finance leases or hire purchase contracts.

4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
20 Class A shares of £1.00 each 20   
20   

2