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REGISTERED NUMBER: 13034694 (England and Wales)















Financial Statements

for the Period 20 November 2020 to 31 December 2021

for

FF UK Property Ltd

FF UK Property Ltd (Registered number: 13034694)






Contents of the Financial Statements
for the Period 20 November 2020 to 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FF UK Property Ltd

Company Information
for the Period 20 November 2020 to 31 December 2021







DIRECTORS: J C Kilcoyne
J F Smith





REGISTERED OFFICE: Wharfedale Road
Euroway Trading Estate
Bradford
BD4 6SL





REGISTERED NUMBER: 13034694 (England and Wales)





AUDITORS: Haines Watts
Chartered Accountants &
Statutory Auditors
Sterling House
1 Sheepscar Court
Meanwood Road
Leeds
West Yorkshire
LS7 2BB

FF UK Property Ltd (Registered number: 13034694)

Balance Sheet
31 December 2021

Notes £    £   
FIXED ASSETS
Investment property 5 1,500,000

CURRENT ASSETS
Debtors 6 166,387
Cash at bank 307,294
473,681
CREDITORS
Amounts falling due within one year 7 91,500
NET CURRENT ASSETS 382,181
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,882,181

CREDITORS
Amounts falling due after more than one
year

8

1,800,000
NET ASSETS 82,181

CAPITAL AND RESERVES
Called up share capital 9 1,000
Retained earnings 10 81,181
SHAREHOLDERS' FUNDS 82,181

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2022 and were signed on its behalf by:





J C Kilcoyne - Director


FF UK Property Ltd (Registered number: 13034694)

Notes to the Financial Statements
for the Period 20 November 2020 to 31 December 2021

1. STATUTORY INFORMATION

FF UK Property 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information in making their assessment. Based on these assessments, given the measures that could be undertaken to mitigate the current conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

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

Investment property
Investment property is shown at the value at year end. 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 Statement of Income and Retained Earnings, 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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at transaction price.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

FF UK Property Ltd (Registered number: 13034694)

Notes to the Financial Statements - continued
for the Period 20 November 2020 to 31 December 2021

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 1,500,000
At 31 December 2021 1,500,000
NET BOOK VALUE
At 31 December 2021 1,500,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 166,387

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 33,820
Tax 19,100
VAT 6,430
Other creditors 32,150
91,500

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Amounts owed to group undertakings 1,800,000

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,000 Ordinary £1 1,000

10. RESERVES
Retained
earnings
£   

Profit for the period 81,181
At 31 December 2021 81,181

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

James Sutton BA (Hons) FCA (Senior Statutory Auditor)
for and on behalf of Haines Watts

FF UK Property Ltd (Registered number: 13034694)

Notes to the Financial Statements - continued
for the Period 20 November 2020 to 31 December 2021

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 - continued

The audit report was signed on 18 August 2022.

12. RELATED PARTY DISCLOSURES

In accordance with the exemption allowed by Section 1A of FRS 102, no disclosures are made of transactions with other wholly owned member companies of the Atlas Holding GmbH Group.

No further transactions with related parties took place as are required to be reported under Section 1A of FRS 102.

13. ULTIMATE CONTROLLING PARTY

The ultimate parent company and controlling party is Atlas Holding GmbH (Company registration number HRA 20215), a company incorporated in Germany.

The consolidated financial statements of the parent company will be available at Stedinger Strasse 324, 27751 Delmenhorst, Neidersachsen, Germany.