The New Arlington Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 08170494 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2021 TO 30 JUNE 2022

FOR

THE NEW ARLINGTON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S M Verner

REGISTERED OFFICE:

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

BUSINESS ADDRESS:

Portmeirion

36a Vicarage Hill

Benfleet

Essex

SS7 1PB

REGISTERED NUMBER:

08170494 (England and Wales)

ACCOUNTANTS:

A.R. Lee & Co.

Chartered Certified Accountants

Clarence Street Chambers

32 Clarence Street

Southend-on-Sea

Essex

SS1 1BD

FIXED ASSETS

Tangible assets

4

-

10,796

Investment property

5

-

600,000

-

610,796

CURRENT ASSETS

Debtors

6

216,669

635

Cash at bank

23,030

23

239,699

658

CREDITORS

Amounts falling due within one year

7

14,310

6,576

NET CURRENT ASSETS/(LIABILITIES)

225,389

(5,918

)

TOTAL ASSETS LESS CURRENT LIABILITIES

225,389

604,878

CREDITORS

Amounts falling due after more than one year

8

(137,164

)

(514,342

)

PROVISIONS FOR LIABILITIES

-

(715

)

NET ASSETS

88,225

89,821

CAPITAL AND RESERVES

Called up share capital

10

2

2

Fair value reserve

11

-

58,804

Retained earnings

88,223

31,015

SHAREHOLDERS' FUNDS

88,225

89,821

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 29 June 2023 and were signed by:

Mrs S M Verner - Director

1.	STATUTORY INFORMATION

The New Arlington 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The accounting period has been extended from 31 March 2022 to 30 June 2022 as the company sold it's investment property. The comparatives are therefore not entirely comparable.

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.

Turnover

Turnover represents amounts receivable for rent and services.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2021

13,495

Disposals

(13,495

)

At 30 June 2022

-

DEPRECIATION

At 1 April 2021

2,699

Eliminated on disposal

(2,699

)

At 30 June 2022

-

NET BOOK VALUE

At 30 June 2022

-

At 31 March 2021

10,796

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2021

600,000

Disposals

(600,000

)

At 30 June 2022

-

NET BOOK VALUE

At 30 June 2022

-

At 31 March 2021

600,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

31.3.21

£

£

Other debtors

216,669

635

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

31.3.21

£

£

Taxation and social security

2,310

6,576

Other creditors

12,000

-

14,310

6,576

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.22

31.3.21

£

£

Bank loans

-

400,905

Other creditors

137,164

113,437

137,164

514,342

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.22

31.3.21

£

£

Bank loans

-

400,905

The mortgage was secured by a legal charge over the directors personal home.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.22

31.3.21

value:

£

£

2

Ordinary

£1

2

2

11.

RESERVES

Fair

value

reserve

£

At 1 April 2021

58,804

Fair value gains

(58,804

)

At 30 June 2022

-