Registration number: 00617864

R.R. Arthur Property Investment Co. Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

R.R. Arthur Property Investment Co. Ltd

Company Information

Directors

Mrs SJ Greenall Mr WJ Greenall Mrs N J Taylor

Registered office

28 Lyon Road Hersham Surrey KT12 3PU

Accountants

Grays Accountants Ltd

R.R. Arthur Property Investment Co. Ltd

(Registration number: 00617864)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	2,897,853	-
Investment property	5	1,450,000	3,150,000
		4,347,853	3,150,000
Current assets
Debtors	6	-	20,354
Cash at bank and in hand		38,167	22,708
		38,167	43,062
Creditors: Amounts falling due within one year	7	(2,377,257)	(93,241)
Net current liabilities		(2,339,090)	(50,179)
Total assets less current liabilities		2,008,763	3,099,821
Provisions for liabilities		-	(74,975)
Net assets		2,008,763	3,024,846
Capital and reserves
Called up share capital		10,000	10,000
Revaluation reserve		1,405,815	3,013,544
Retained earnings		592,948	1,302
Shareholders' funds		2,008,763	3,024,846

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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 September 2025 and signed on its behalf by:
 

R.R. Arthur Property Investment Co. Ltd

(Registration number: 00617864)
Balance Sheet as at 31 December 2024

......................................... Mr WJ Greenall Director

......................................... Mrs N J Taylor Director

R.R. Arthur Property Investment Co. Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
28 Lyon Road
Hersham
Surrey
KT12 3PU

These financial statements were authorised for issue by the Board on 29 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable under the terms of the rental agreements for the company's properties. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred 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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

R.R. Arthur Property Investment Co. Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

In accordance with the provisions of Sections 16 and 17 of FRS102 on the basis that the company's freehold property is rented to a group company the property is accounted for under the general provisions of property, plant and equipment rather than within the provisions of Investment Property under Section 16. The company therefore applies the cost model to the property and depreciates the proportion of cost relating to the building.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class Depreciation method and rate

Land and buildings – 2% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by either the directors or external valuers as disclosed in the relevant note to the financial statements. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

R.R. Arthur Property Investment Co. Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
Additions	2,909,166	2,909,166
At 31 December 2024	2,909,166	2,909,166
Depreciation
Charge for the year	11,313	11,313
At 31 December 2024	11,313	11,313
Carrying amount
At 31 December 2024	2,897,853	2,897,853

Included within the net book value of land and buildings above is £2,897,853 (2023 - £Nil) in respect of freehold land and buildings.
 

5	Investment properties

	2024 £
At 1 January	2,700,000
Disposals	(1,250,000)
At 31 December	1,450,000

The company's investment properties were independently valued during the year. This valuation has been reflected in the revalued carrying amount shown above.

R.R. Arthur Property Investment Co. Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Debtors

Current	2024 £	2023 £
Trade debtors	-	20,354
	-	20,354

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Trade creditors		4,990	9,351
Amounts owed to group undertakings and undertakings in which the company has a participating interest		2,295,064	29,794
Taxation and social security		18,288	17,870
Other creditors		58,915	36,226
		2,377,257	93,241

8	Parent undertaking and ultimate controlling party

The company's immediate parent is Cavan Bakery Limited, incorporated in United Kingdom.

 The ultimate controlling party is Mr & Mrs W J Greenall.