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Registered number: SC761488
ARX RURAL RE LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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ARX RURAL RE LTD
COMPANY INFORMATION
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ARX RURAL RE LTD
REGISTERED NUMBER: SC761488
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Net current (liabilities)/assets
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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ARX RURAL RE LTD
REGISTERED NUMBER: SC761488
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 3 to 5 form part of these financial statements.
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ARX RURAL RE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ARX Rural RE Ltd is a private registered company, limited by shares, incorporated in Scotland with registration number SC761488. The registered office is 8 Albany Street, Edinburgh, Scotland, EH1 3QB.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Investments in subsidiaries are measured at cost less accumulated impairment.
Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
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The average monthly number of employees, including directors, during the year was 6 (2024 - 5).
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ARX RURAL RE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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Investments in subsidiary companies
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Prepayments and accrued income
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Included within other debtors is a loan of £26,825 (2024 - £nil) due from one of the directors.The loan was repaid on 27 May 2025.
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Creditors: Amounts falling due within one year
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Accruals and deferred income
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Creditors: Amounts falling due after more than one year
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Amounts owed to group undertakings
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ARX RURAL RE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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Allotted, called up and fully paid
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289,000 (2024 - 50,000) Ordinary shares of £1.00 each
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During the year, the following shares issues took place:
- On 1 May 2024, 100,000 ordinary shares of £1.00 each were issued at par;
- On 28 November 2024, 39,000 ordinary shares of £1.00 each were issued at par; and
- On 13 January 2025, 100,000 ordinary shares of £1.00 each were issued at par.
Since the year end, the following shares issues took place:
- On 23 May 2025, 125,000 ordinary shares of £1.00 each were issued at par; and
- On 22 August 2025, 125,000 ordinary shares of £1.00 each were issued at par.
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Related party transactions
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During the period, the company received a loan of £26,712 from BCS Hendricks Ltd, a company in which director and shareholder Mr J R W Sherret is also a director and shareholder. The balance due to BCS Hendricks Ltd at the year end amounts to £24,267 (2024 - £2,445 due from). No interest or repayment terms have been agreed.
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