Company Registration No. 13912797 (England and Wales)
ARKS HOUSING LIMITED
Unaudited accounts
for the year ended 29 February 2024
ARKS HOUSING LIMITED
Unaudited accounts
Contents
ARKS HOUSING LIMITED
Company Information
for the year ended 29 February 2024
Directors
Mr Rajkumar Shanmugam
Mrs Anu Umadevi Karthikesan
Company Number
13912797 (England and Wales)
Registered Office
14 FRASER CRESCENT
WATFORD
WD25 0BF
ENGLAND
Accountants
Alza Accounting & Management Solutions Ltd
Office 2 , Serif House
Dudley Street
Luton
Surrey
LU2 0NT
ARKS HOUSING LIMITED
Statement of financial position
as at 29 February 2024
Investment property
242,446
242,446
Cash at bank and in hand
3,250
3,666
Creditors: amounts falling due within one year
(9,014)
(6,325)
Net current liabilities
(4,158)
(2,259)
Total assets less current liabilities
238,288
240,187
Creditors: amounts falling due after more than one year
(244,350)
(244,350)
Net liabilities
(6,062)
(4,163)
Called up share capital
2
2
Profit and loss account
(6,064)
(4,165)
Shareholders' funds
(6,062)
(4,163)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 March 2024 and were signed on its behalf by
Mr Rajkumar Shanmugam
Director
Company Registration No. 13912797
ARKS HOUSING LIMITED
Notes to the Accounts
for the year ended 29 February 2024
ARKS HOUSING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13912797. The registered office is 14 FRASER CRESCENT, WATFORD, WD25 0BF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 March 2023
242,446
At 29 February 2024
242,446
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
3,147
2,150
Deferred income
5,367
3,675
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
174,350
174,350
Other creditors
70,000
70,000
ARKS HOUSING LIMITED
Notes to the Accounts
for the year ended 29 February 2024
8
Transactions with related parties
Directors of ARKS Housing Limited also holding shares in R Cloud Solutions Ltd , during the year ended 28/02/2024 ARKS Housing Limited owes R Cloud solutions Ltd amount of £ 70,000 . Interest payable 5.50 %. During the year ARKS Housing Limited paid interest amount of £ 3,850 to R Cloud solutions Ltd.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).