IRIS Accounts Production v25.3.0.601 08103686 director 1.7.24 30.6.25 30.6.25 false true false false true false Fair value model Ordinary 1.00000 Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08103686 2024-06-30 08103686 2025-06-30 08103686 2024-07-01 2025-06-30 08103686 2023-06-30 08103686 2023-07-01 2024-06-30 08103686 2024-06-30 08103686 ns15:EnglandWales 2024-07-01 2025-06-30 08103686 ns14:PoundSterling 2024-07-01 2025-06-30 08103686 ns10:Director1 2024-07-01 2025-06-30 08103686 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 08103686 ns10:SmallEntities 2024-07-01 2025-06-30 08103686 ns10:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 08103686 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 08103686 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 08103686 ns10:FullAccounts 2024-07-01 2025-06-30 08103686 ns10:OrdinaryShareClass1 2024-07-01 2025-06-30 08103686 ns5:CurrentFinancialInstruments 2025-06-30 08103686 ns5:CurrentFinancialInstruments 2024-06-30 08103686 ns5:Non-currentFinancialInstruments 2025-06-30 08103686 ns5:Non-currentFinancialInstruments 2024-06-30 08103686 ns5:ShareCapital 2025-06-30 08103686 ns5:ShareCapital 2024-06-30 08103686 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-06-30 08103686 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-06-30 08103686 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 08103686 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 08103686 ns10:RegisteredOffice 2024-07-01 2025-06-30 08103686 ns5:PlantMachinery 2024-07-01 2025-06-30 08103686 ns5:MotorVehicles 2024-07-01 2025-06-30 08103686 ns5:ComputerEquipment 2024-07-01 2025-06-30 08103686 ns5:PlantMachinery 2024-06-30 08103686 ns5:MotorVehicles 2024-06-30 08103686 ns5:ComputerEquipment 2024-06-30 08103686 ns5:PlantMachinery 2025-06-30 08103686 ns5:MotorVehicles 2025-06-30 08103686 ns5:ComputerEquipment 2025-06-30 08103686 ns5:PlantMachinery 2024-06-30 08103686 ns5:MotorVehicles 2024-06-30 08103686 ns5:ComputerEquipment 2024-06-30 08103686 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 08103686 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30 08103686 ns5:DeferredTaxation 2024-06-30 08103686 ns5:DeferredTaxation 2024-07-01 2025-06-30 08103686 ns5:DeferredTaxation 2025-06-30 08103686 ns10:OrdinaryShareClass1 2025-06-30 08103686 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 08103686 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-06-30 08103686 ns5:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30

REGISTERED NUMBER: 08103686 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 JUNE 2025 |

| FOR |

| ARE INVESTMENTS LTD |

ARE INVESTMENTS LTD (REGISTERED NUMBER: 08103686)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page |

Balance Sheet | 1 |

Notes to the Financial Statements | 3 |

ARE INVESTMENTS LTD (REGISTERED NUMBER: 08103686)

BALANCE SHEET

30 JUNE 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 68,801 |  | 100,463 |  |

Investment property | 5 | 1,500,000 |  | 1,500,000 |  |

1,568,801 |  | 1,600,463 |  |

CURRENT ASSETS

Debtors | 6 | 3,042 |  | 1,854 |  |

Cash at bank | 18,155 |  | 45,466 |  |

21,197 |  | 47,320 |  |

CREDITORS

Amounts falling due within one year | 7 | 172,440 |  | 203,426 |  |

NET CURRENT LIABILITIES | (151,243 | ) | (156,106 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,417,558 |  | 1,444,357 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (261,492 | ) | (261,492 | ) |

PROVISIONS FOR LIABILITIES | 10 | (93,017 | ) | (99,429 | ) |

NET ASSETS | 1,063,049 |  | 1,083,436 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 100 |  | 100 |  |

Fair value reserve | 12 | 231,775 |  | 233,391 |  |

Retained earnings | 12 | 831,174 |  | 849,945 |  |

SHAREHOLDERS' FUNDS | 1,063,049 |  | 1,083,436 |  |

ARE INVESTMENTS LTD (REGISTERED NUMBER: 08103686)

BALANCE SHEET - continued

30 JUNE 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 October 2025 and were signed by:

Mr A R Ellis - Director

ARE INVESTMENTS LTD (REGISTERED NUMBER: 08103686)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1. | STATUTORY INFORMATION

| ARE Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 08103686

| Registered office: | Grenville House

| 9 Boutport Street

| Barnstaple

| Devon

| EX31 1TZ

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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

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

| Plant and machinery | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Office equipment | - | 33% on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

ARE INVESTMENTS LTD (REGISTERED NUMBER: 08103686)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |  | Office |

| machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 July 2024 | 99,550 |  | 49,715 |  | 749 |  | 150,014 |  |

| Additions | 6,760 |  | - |  | - |  | 6,760 |  |

| Disposals | (7,498 | ) | (26,383 | ) | - |  | (33,881 | ) |

| At 30 June 2025 | 98,812 |  | 23,332 |  | 749 |  | 122,893 |  |

| DEPRECIATION

| At 1 July 2024 | 36,419 |  | 12,429 |  | 703 |  | 49,551 |  |

| Charge for year | 9,742 |  | 4,375 |  | 15 |  | 14,132 |  |

| Eliminated on disposal | (2,995 | ) | (6,596 | ) | - |  | (9,591 | ) |

| At 30 June 2025 | 43,166 |  | 10,208 |  | 718 |  | 54,092 |  |

| NET BOOK VALUE

| At 30 June 2025 | 55,646 |  | 13,124 |  | 31 |  | 68,801 |  |

| At 30 June 2024 | 63,131 |  | 37,286 |  | 46 |  | 100,463 |  |

ARE INVESTMENTS LTD (REGISTERED NUMBER: 08103686)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 July 2024 | 1,500,000 |  |

| Additions | 2,000 |  |

| Revaluations | (2,000 | ) |

| At 30 June 2025 | 1,500,000 |  |

| NET BOOK VALUE

| At 30 June 2025 | 1,500,000 |  |

| At 30 June 2024 | 1,500,000 |  |

| The freehold investment property at Central Business Park, Princess Street, Barnstaple was revalued by Symonds & Sampson in February 2021 at £800,000.

| The freehold investment property at Sandbanks Business Park, Yelland, Barnstaple was revalued by Symonds & Sampson in February 2021 at £700,000.

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

2025 | 2024 |

£ | £ |

| Trade debtors | 1,154 |  | 368 |  |

| Other debtors | 1,888 |  | 1,486 |  |

3,042 |  | 1,854 |  |

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

2025 | 2024 |

£ | £ |

| Taxation and social security | 14,068 |  | 5,510 |  |

| Other creditors | 158,372 |  | 197,916 |  |

172,440 |  | 203,426 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 261,492 |  | 261,492 |  |

ARE INVESTMENTS LTD (REGISTERED NUMBER: 08103686)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

9. | SECURED DEBTS

| The bank loan is secured by fixed and floating charges over the freehold land owned by the company, at Central Business Park, Princess Street, Barnstaple, Devon, and at Sandbanks Business Park, Yelland Quay, Yelland, Barnstaple, Devon.

10. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 93,017 |  | 99,429 |  |

| Deferred |

| tax |

£ |

| Balance at 1 July 2024 | 99,429 |  |

| Provided during year | (6,412 | ) |

| Balance at 30 June 2025 | 93,017 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

12. | RESERVES

| Fair |

| Retained |  | value |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 July 2024 | 849,945 |  | 233,391 |  | 1,083,336 |  |

| Profit for the year | 9,613 |  | 9,613 |  |

| Dividends | (30,000 | ) | (30,000 | ) |

| Transfer | 1,616 |  | (1,616 | ) | - |  |

| At 30 June 2025 | 831,174 |  | 231,775 |  | 1,062,949 |  |