1 April 2017 false Taxfiler 2018.19.Web 08279485business:PrivateLimitedCompanyLtd2017-04-012018-03-31 082794852017-03-31 082794852017-04-012018-03-31 08279485business:AuditExemptWithAccountantsReport2017-04-012018-03-31 08279485business:FullAccounts2017-04-012018-03-31 082794852018-03-31 08279485business:Director12017-04-012018-03-31 08279485business:Director22017-04-012018-03-31 08279485business:RegisteredOffice2017-04-012018-03-31 082794852017-03-31 08279485core:WithinOneYear2018-03-31 08279485core:WithinOneYear2017-03-31 082794852016-04-012017-03-31 08279485business:Micro-entities2017-04-012018-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08279485 (England and Wales)
Armes-Reardon Properties Limited Unaudited accounts for the year ended 31 March 2018
Armes-Reardon Properties Limited Annual report and unaudited accounts for the year ended 31 March 2018
CONTENTS
PAGE
Company information
3
Accountants' report
4
Statement of financial position
5
- 2 -
Armes-Reardon Properties Limited Company Information for the year ended 31 March 2018
Directors
Simon Armes-Reardon Sarah Armes-Reardon
Company Number
08279485 (England and Wales)
Registered Office
Sandgate House 102 Quayside Newcastle Upon Tyne NE1 3DX
Accountants
Deloitte LLP One Trinity Gardens Broad Chare Newcastle upon Tyne NE1 2HF
- 3 -
Armes-Reardon Properties Limited Accountants' report
Accountants' report to the board of directors of Armes-Reardon Properties Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Armes-Reardon Properties Limited for the year ended 31 March 2018 as set out on pages 5 - 5 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Armes-Reardon Properties Limited, as a body, in accordance with the terms of our engagement letter dated 10 November 2017. Our work has been undertaken solely to prepare for your approval the accounts of Armes-Reardon Properties Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Armes-Reardon Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Armes-Reardon Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Armes-Reardon Properties Limited. You consider that Armes-Reardon Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Armes-Reardon Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Deloitte LLP One Trinity Gardens Broad Chare Newcastle upon Tyne NE1 2HF 18 December 2018
- 4 -
Armes-Reardon Properties Limited Statement of Financial Position as at 31 March 2018
2018 
2017 
£ 
£ 
Fixed assets
3,571,334 
3,571,334 
Current assets
44,033 
32,658 
Prepayments and accrued income
50 
- 
Creditors: amounts falling due within one year
(3,379,309)
(3,431,031)
Net current liabilities
(3,335,226)
(3,398,373)
Total assets less current liabilities
236,108 
172,961 
Net assets
236,108 
172,961 
Capital and reserves
236,108 
172,961 
NOTES TO THE ACCOUNTS
1 Directors' advances, credit and guarantees
Included within creditors are unsecured directors' loans of £1,682,249 (2017: £1,707,500) from Simon Armes-Reardon and £1,682,248 (2017: £1,707,500) from Sarah Armes-Reardon. The loans are interest-free and repayable on demand.
2 Average number of employees
During the year the average number of employees was 2 (2017: 2).
For the year ending 31 March 2018 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 18 December 2018
Simon Armes-Reardon Director Company Registration No. 08279485
- 5 -