REGISTERED NUMBER: 09473607 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

ARCS PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R Norris

Mr S F Norris

REGISTERED OFFICE:

21 Abbotswood

Guildford

Surrey

GU1 1UX

REGISTERED NUMBER:

09473607 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

4

215

357

Investment property

5

1,025,000

1,025,000

1,025,215

1,025,357

CURRENT ASSETS

Debtors

6

3,398

1,150

Cash at bank

24,984

14,087

28,382

15,237

CREDITORS

Amounts falling due within one year

7

5,018

5,005

NET CURRENT ASSETS

23,364

10,232

TOTAL ASSETS LESS CURRENT LIABILITIES

1,048,579

1,035,589

CREDITORS

Amounts falling due after more than one year

8

(974,809

)

(953,870

)

PROVISIONS FOR LIABILITIES

(40,292

)

(40,292

)

NET ASSETS

33,478

41,427

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

9

33,476

41,425

33,478

41,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 16th December 2025 and were signed on its behalf by:

Mrs R Norris - Director

Mr S F Norris - Director

1.	STATUTORY INFORMATION

ARCS Properties 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.

Turnover

Turnover represents gross rental income received from renting out properties owned by the company.

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

-

20% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st April 2024

and 31st March 2025

8,623

DEPRECIATION

At 1st April 2024

8,266

Charge for year

142

At 31st March 2025

8,408

NET BOOK VALUE

At 31st March 2025

215

At 31st March 2024

357

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

1,025,000

NET BOOK VALUE

At 31st March 2025

1,025,000

At 31st March 2024

1,025,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2019

155,000

Valuation in 2020

57,065

Cost

812,935

1,025,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

1,150

Prepayments and accrued income

3,398

-

3,398

1,150

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

4,033

4,033

Accrued expenses

985

972

5,018

5,005

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Mortgaged loans

601,012

580,077

Directors' loan accounts

373,797

373,793

974,809

953,870

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Mortgaged loans

601,012

580,077

The mortgaged loans are secured on the appropriate investment property to which the specific loan relates. The loans are interest only which is expensed through the profit and loss account, and have repayment terms of 21-22 years.

9.

RESERVES

Retained

earnings

£

At 1st April 2024

41,425

Deficit for the year

(7,949

)

At 31st March 2025

33,476

Included in Retained Earnings is an amount of £171,733 which is the net gain (after tax) following revaluations of Investment Properties in prior years, which is not distributable.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors.