Company registration number:
10754992
F and T Properties Limited
Unaudited filleted financial statements
31 May 2023
F and T Properties Limited
Contents
Directors and other information
Accountant's report
Statement of financial position and notes to the financial statements
F and T Properties Limited
Directors and other information
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Directors |
Mr Tolulope Akinluyi |
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Mrs Olufunmilayo Akinluyi |
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Company number |
10754992 |
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Registered office |
18 Bellever Hill |
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Camberley |
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Surrey |
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GU15 2HD |
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Business address |
18 Bellever Hill |
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Camberley |
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Surrey |
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GU15 2HD |
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Accountant |
Accendo Accountants Limited |
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Chamberlain House |
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10-12 High Street |
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Bagshot |
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Surrey |
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GU19 5AE |
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F and T Properties Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of F and T Properties Limited
Year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of F and T Properties Limited for the year ended 31 May 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.
As a practising member of the Association of Chartered Certified Accountants , I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of F and T Properties Limited, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of F and T Properties Limited and state those matters that we have agreed to state to the board of directors of F and T Properties Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than F and T Properties Limited and its board of directors as a body for my work or for this report.
It is your duty to ensure that F and T Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of F and T Properties Limited. You consider that F and T Properties Limited is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of F and T Properties Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Accendo Accountants Limited
Chartered Certified Accountants
Chamberlain House
10-12 High Street
Bagshot
Surrey
GU19 5AE
12 February 2024
F and T Properties Limited
Statement of financial position
31 May 2023
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2023 |
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2022 |
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£ |
£ |
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£ |
£ |
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Fixed assets |
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386,303 |
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386,303 |
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_______ |
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_______ |
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Current assets |
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8,419 |
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7,797 |
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Prepayments and accrued income |
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5,028 |
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5,279 |
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_______ |
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_______ |
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13,447 |
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13,076 |
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Net current assets |
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13,447 |
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13,076 |
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_______ |
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Total assets less current liabilities |
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399,750 |
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399,379 |
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Creditors: amounts falling due after more than one year |
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(
400,003) |
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(
400,003) |
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Accruals and deferred income |
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(
900) |
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(
900) |
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_______ |
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Net liabilities |
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(
1,153) |
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(
1,524) |
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_______ |
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_______ |
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Capital and reserves |
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(
1,153) |
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(
1,524) |
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_______ |
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F and T Properties Limited
Year ended 31 May 2023
Notes to the financial statements
1.
Directors advances, credits and guarantees
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Balance brought forward and o/standing |
Balance brought forward and o/standing |
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2023 |
2022 |
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£ |
£ |
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Mr Tolulope Akinluyi |
71,859 |
71,859 |
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Mrs Olufunmilayo Akinluyi |
71,859 |
71,859 |
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_______ |
_______ |
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143,718 |
143,718 |
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For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
12 February 2024
, and are signed on behalf of the board by:
Mr Tolulope Akinluyi
Director
Company registration number:
10754992
The company is a private company limited by shares, registered in England.