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REGISTERED NUMBER: 10201491 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 May 2018

for

FPK Properties Ltd

FPK Properties Ltd (Registered number: 10201491)






Contents of the Financial Statements
for the Year Ended 31 May 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FPK Properties Ltd

Company Information
for the Year Ended 31 May 2018







DIRECTORS: F Kaya
Ms P J Kaya
T Kaya





REGISTERED OFFICE: 15 Newland
Lincoln
Lincolnshire
LN1 1XG





BUSINESS ADDRESS: 9 Jackson Walk
Sapley
Huntingdon
Cambridgeshire
PE28 2GE





REGISTERED NUMBER: 10201491 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

FPK Properties Ltd (Registered number: 10201491)

Balance Sheet
31 May 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,208 3,248
Investment property 5 498,682 408,157
499,890 411,405

CURRENT ASSETS
Stocks - 210,886
Debtors 6 - 3,189
Cash at bank 63,449 28,853
63,449 242,928
CREDITORS
Amounts falling due within one year 7 583,927 662,931
NET CURRENT LIABILITIES (520,478 ) (420,003 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(20,588

)

(8,598

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (20,688 ) (8,698 )
SHAREHOLDERS' FUNDS (20,588 ) (8,598 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30 October 2018 and were signed on its behalf
by:




F Kaya - Director Ms P J Kaya - Director




T Kaya - Director


FPK Properties Ltd (Registered number: 10201491)

Notes to the Financial Statements
for the Year Ended 31 May 2018

1. STATUTORY INFORMATION

FPK Properties Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Taxation
Taxation for the year 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 year 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 year was NIL (2017 - 3 ).

FPK Properties Ltd (Registered number: 10201491)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2018

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2017 1,334 2,400 - 3,734
Additions 136 - 350 486
Disposals - (2,400 ) - (2,400 )
At 31 May 2018 1,470 - 350 1,820
DEPRECIATION
At 1 June 2017 238 248 - 486
Charge for year 307 90 67 464
Eliminated on disposal - (338 ) - (338 )
At 31 May 2018 545 - 67 612
NET BOOK VALUE
At 31 May 2018 925 - 283 1,208
At 31 May 2017 1,096 2,152 - 3,248

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2017 408,157
Additions 90,525
At 31 May 2018 498,682
NET BOOK VALUE
At 31 May 2018 498,682
At 31 May 2017 408,157

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors - 3,189

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 550 -
Amounts owed to group undertakings 413,783 635,129
Other creditors 169,594 27,802
583,927 662,931

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
100 Ordinary £1 100 100