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REGISTERED NUMBER: 12363542 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ARKS HOMES LIMITED

ARKS HOMES LIMITED (REGISTERED NUMBER: 12363542)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Chartered Accountants' Report | 6 |

ARKS HOMES LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTOR: | J D A Fearon

| SECRETARY: |

| REGISTERED OFFICE: | 28 Wilton Road

| Bexhill on Sea

| East Sussex

| TN40 1EZ

| REGISTERED NUMBER: | 12363542 (England and Wales)

| ACCOUNTANTS: | Ashdown Hurrey

| Chartered Accountants & Business Advisers

| 28 Wilton Road

| Bexhill on Sea

| East Sussex

| TN40 1EZ

ARKS HOMES LIMITED (REGISTERED NUMBER: 12363542)

BALANCE SHEET

31 DECEMBER 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 568,000 |  | 568,000 |  |

CURRENT ASSETS

Debtors | 5 | 127,656 |  | 127,656 |  |

Cash at bank | 1,868 |  | 2,237 |  |

129,524 |  | 129,893 |  |

CREDITORS

Amounts falling due within one year | 6 | 8,080 |  | 10,384 |  |

NET CURRENT ASSETS | 121,444 |  | 119,509 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 689,444 |  | 687,509 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (430,806 | ) | (441,076 | ) |

PROVISIONS FOR LIABILITIES | 9 | (74,952 | ) | (74,952 | ) |

NET ASSETS | 183,686 |  | 171,481 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Revaluation reserve | 10 | 299,808 |  | 299,808 |  |

Retained earnings | (116,124 | ) | (128,329 | ) |

SHAREHOLDERS' FUNDS | 183,686 |  | 171,481 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 September 2025 and were signed by:

J D A Fearon - Director

ARKS HOMES LIMITED (REGISTERED NUMBER: 12363542)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Arks Homes 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.

| The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

| Turnover

| Turnover represents rents received and is recognised when the right to consideration becomes due.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2023 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST OR VALUATION

| At 1 January 2024

| and 31 December 2024 | 568,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | 568,000 |  |

| At 31 December 2023 | 568,000 |  |

ARKS HOMES LIMITED (REGISTERED NUMBER: 12363542)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

4. | TANGIBLE FIXED ASSETS - continued

| Cost or valuation at 31 December 2024 is represented by:

| Land and

| buildings

£ |

| Valuation in 2023 | 299,808 |  |

| Cost | 268,192 |  |

568,000 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Other debtors | 127,656 |  | 127,656 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans and overdrafts | 6,550 |  | 5,830 |  |

| Other creditors | 1,530 |  | 4,554 |  |

8,080 |  | 10,384 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans | 26,200 |  | 29,150 |  |

| Other creditors | 404,606 |  | 411,926 |  |

430,806 |  | 441,076 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.12.24 |  | 31.12.23

£ | £ |

| Loans | 400,500 |  | 403,500 |  |

| The following hold fixed charges over the leasehold property owned by the entity:

| Shawbrook Bank Ltd

| Ms J Fearon

9. | PROVISIONS FOR LIABILITIES

| 31.12.24 |  | 31.12.23

£ | £ |

| Deferred tax | 74,952 |  | 74,952 |  |

ARKS HOMES LIMITED (REGISTERED NUMBER: 12363542)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

9. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 January 2024 | 74,952 |  |

| Balance at 31 December 2024 | 74,952 |  |

10. | RESERVES

| Revaluation

| reserve

£ |

| At 1 January 2024

| and 31 December 2024 | 299,808 |  |

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| As at the balance sheet date the company owed £750 (2023 - £3,114) to The Director.

| There are no terms attached to this loan.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR

ON THE UNAUDITED FINANCIAL STATEMENTS OF

ARKS HOMES LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Arks Homes Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the director of Arks Homes Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Arks Homes Limited and state those matters that we have agreed to state to the director of Arks Homes Limited in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Arks Homes Limited and its director for our work or for this report.

It is your duty to ensure that Arks Homes Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Arks Homes Limited. You consider that Arks Homes Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Arks Homes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

Date: .............................................