Company No: 07003094 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	26,827		35,600
Investment property	4	575,000		575,000
		601,827		610,600
Current assets
Debtors	5	223,604		277,014
Cash at bank and in hand		8,850		15,489
		232,454		292,503
Creditors: amounts falling due within one year	6	( 89,486)		( 109,024)
Net current assets		142,968		183,479
Total assets less current liabilities		744,795		794,079
Creditors: amounts falling due after more than one year	7	( 258,481)		( 289,903)
Provision for liabilities		( 39,026)		( 41,898)
Net assets		447,288		462,278
Capital and reserves
Called-up share capital		300		292
Fair value reserve		179,760		179,760
Profit and loss account		267,228		282,226
Total shareholders' funds		447,288		462,278

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Arish Properties Limited (registered number: 07003094) were approved and authorised for issue by the Director on 29 October 2026. They were signed on its behalf by:

Mr J P Manley Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Arish Properties Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the services provided in the normal course of business.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the director, on an open market value for existing use basis.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

The company is run and administered by the director of the company for whom no formal contract of service is in place.

3. Tangible assets

	Plant and machinery		Vehicles		Total
	£		£		£
Cost
At 01 November 2024	12,963		78,400		91,363
At 31 October 2025	12,963		78,400		91,363
Accumulated depreciation
At 01 November 2024	10,438		45,325		55,763
Charge for the financial year	504		8,269		8,773
At 31 October 2025	10,942		53,594		64,536
Net book value
At 31 October 2025	2,021		24,806		26,827
At 31 October 2024	2,525		33,075		35,600

4. Investment property

	Investment property
	£
Valuation
As at 01 November 2024	575,000
As at 31 October 2025	575,000

Valuation

The investment properties class of fixed assets have been valued by the director who is internal to the company. The basis of this valuation was open market value.

The class of asset has a current value of £575,000 (2024 - £575,000) and a carrying amount at historical cost of £362,042 (2024- £362,042). The depreciation on this historical cost is £nil (2024 - £nil).

There has been no valuation of investment property by an independent valuer.

5. Debtors

	2025		2024
	£		£
Trade debtors	0		250
Other debtors	223,604		276,764
	223,604		277,014

Included in other debtors is a loan to the director for which interest is charged at HMRC approved rates and is repayable on demand.

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Taxation and social security	24,013		85,992
Obligations under finance leases and hire purchase contracts	31,424		11,169
Other creditors	34,049		11,863
	89,486		109,024

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	258,481		258,479
Obligations under finance leases and hire purchase contracts (secured)	0		31,424
	258,481		289,903

The bank loan is secured by a charge over the company's assets. The bank loan is interest only with repayment due within 8 years.

Obligations under finance leases are secured upon the assets acquired.

8. Related party transactions

Transactions with the entity's director

The Directors loan account is repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

At 1 November 2024, the balance owed from the director was £208,302. During the year, the company made advances to the director amounting to £7,195 and received repayments of £76,607 leaving a balance due from the director of £138,890.

At 1 November 2023, the balance owed from the director was £171,191. During the year, the company made advances to the director amounting to £37,423 and received repayments of £312 leaving a balance due from the director of £208,302.