FI PROPERTIES LTD

Company Registration Number:
03062141 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

FI PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

FI PROPERTIES LTD

Company Information

for the Period Ended 31 December 2021




Director: Dr Bachir Fakhouri
Registered office: 178
Ashford Road
Canterbury
Kent
CT1 3XT
Company Registration Number: 03062141 (England and Wales)

FI PROPERTIES LTD

Balance sheet

As at 31 December 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 4 943,773 943,785
Total fixed assets: 943,773 943,785
Current assets
Cash at bank and in hand: 116 523
Total current assets: 116 523
Creditors: amounts falling due within one year: 5 ( 922,157 ) ( 914,000 )
Net current assets (liabilities): ( 922,041 ) ( 913,477 )
Total assets less current liabilities: 21,732 30,308
Creditors: amounts falling due after more than one year: 6 ( 332,457 ) ( 332,457 )
Total net assets (liabilities): ( 310,725 ) ( 302,149 )

The notes form part of these financial statements

FI PROPERTIES LTD

Balance sheet continued

As at 31 December 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 310,727 ) ( 302,151 )
Shareholders funds: ( 310,725 ) ( 302,149 )

For the year ending 31 December 2021 the company was entitled to exemption 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.

This report was approved by the board of directors on 12 September 2022
And Signed On Behalf Of The Board By:

Name: Dr Bachir Fakhouri
Status: Director

The notes form part of these financial statements

FI PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FI PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 0 0

FI PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 3. Off balance sheet disclosure

    No

FI PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 01 January 2021 943,716 358 14,081 0 5,000 963,155
Additions - - - - - -
Disposals - - - - - -
Revaluations - - - - - -
Transfers - - - - - -
At 31 December 2021 943,716 358 14,081 0 5,000 963,155
Depreciation
At 01 January 2021 - 358 14,026 - 4,986 19,370
Charge for year - - 10 - 2 12
On disposals - - - - - -
Other adjustments - - - - - -
At 31 December 2021 - 358 14,036 - 4,988 19,382
Net book value
At 31 December 2021 943,716 0 45 0 12 943,773
At 31 December 2020 943,716 0 55 0 14 943,785

FI PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

5.Creditors: amounts falling due within one year note


2021
£

2020
£
Other creditors 922,157 914,000
Total 922,157 914,000

FI PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

6.Creditors: amounts falling due after more than one year


2021
£

2020
£
Bank loans and overdrafts 100,000 100,000
Other creditors 232,457 232,457
Total 332,457 332,457