ARETELAND LIMITED

ARETELAND LIMITED

DEVONSHIRE LAND LIMITED - Company Information

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Company Registration No. 09529792 (England and Wales)
ARETELAND LIMITED Unaudited accounts for the year ended 31 March 2017
ARETELAND LIMITED Unaudited accounts Contents
Page
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ARETELAND LIMITED Company Information for the year ended 31 March 2017
Directors
Robert William Ashforth Emma Victoria Ashforth
Company Number
09529792 (England and Wales)
Registered Office
Manor House Crow Hill Lane High Birstwith Harrogate HG3 2LG United Kingdom
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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ARETELAND LIMITED Accountants' report
Accountants' report to the board of directors of ARETELAND LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ARETELAND LIMITED for the year ended 31 March 2017 as set out on pages 5 - 7 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 ARETELAND LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of ARETELAND 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 ARETELAND LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ARETELAND 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 ARETELAND LIMITED. You consider that ARETELAND 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 ARETELAND 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.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 31 October 2017
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ARETELAND LIMITED Statement of financial position as at 31 March 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,035 
500 
Current assets
Debtors
5
58,409 
141,595 
Cash at bank and in hand
5,682 
18,265 
64,091 
159,860 
Creditors: amounts falling due within one year
6
(63,222)
(159,370)
Net current assets
869 
490 
Net assets
4,904 
990 
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
4,874 
960 
Shareholders' funds
4,904 
990 
For the year ending 31 March 2017 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.
Approved by the Board on 16 November 2017.
Robert William Ashforth Director Company Registration No. 09529792
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ARETELAND LIMITED Notes to the Accounts for the year ended 31 March 2017
1
Statutory information
ARETELAND LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09529792. The registered office and principal place of business is Manor House, Crow Hill Lane, High Birstwith, Harrogate, HG3 2LG, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Fixtures & fittings
20% on cost
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2016
500 
- 
500 
Additions
2,500 
1,706 
4,206 
At 31 March 2017
3,000 
1,706 
4,706 
Depreciation
Charge for the year
500 
171 
671 
At 31 March 2017
500 
171 
671 
Net book value
At 31 March 2017
2,500 
1,535 
4,035 
At 31 March 2016
500 
- 
500 
5
Debtors
2017 
2016 
£ 
£ 
Other debtors
58,409 
141,595 
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ARETELAND LIMITED Notes to the Accounts for the year ended 31 March 2017
6
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Trade creditors
112 
91,149 
Taxes and social security
3,851 
240 
Other creditors
9,820 
- 
Loans from directors
49,439 
67,981 
63,222 
159,370 
7
Transactions with related parties
Included in the debtors balance is an amount of £47,109 (2016 - £127,160) owed by Devonshire Square Properties Limited, a company wholly owned by the Directors, Robert and Emma Ashforth. This amount is repayable on demand.
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).
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