Registered number
09241074
First London Property Ltd
Unaudited Filleted Accounts and Notes
For the year ended
30 September 2023
First London Property Ltd
Registered number: 09241074
Balance Sheet
as at 30 September 2023
Notes 2023 2022
£ £
Fixed assets
Investments 4 100 100
Current assets
Debtors 5 663,939 516,226
Cash at bank and in hand 115,953 7,925
779,892 524,151
Creditors: amounts falling due within one year 6 (423,734) (375,015)
Net current assets 356,158 149,136
Total assets less current liabilities 356,258 149,236
Creditors: amounts falling due after more than one year 7 (35,903) (45,926)
Net assets 320,355 103,310
Capital and reserves
Called up share capital 100 100
Profit and loss account 320,255 103,210
Shareholders' funds 320,355 103,310
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Irina Gamagina
Director
Approved by the board on 17 July 2024
First London Property Ltd
Notes to the Accounts
for the year ended 30 September 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2022 5,430
At 30 September 2023 5,430
Depreciation
At 1 October 2022 5,430
At 30 September 2023 5,430
Net book value
At 30 September 2023 -
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 October 2022 100
At 30 September 2023 100
5 Debtors 2023 2022
£ £
Trade debtors 155,400 -
Amounts owed by group undertakings and undertakings in which the company has a participating interest 506,599 514,623
Other debtors 1,940 1,603
663,939 516,226
Amounts due after more than one year included above 506,599 445,506
6 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 23,507 (3,000)
Taxation and social security costs 111,261 28,615
Other creditors 288,966 349,400
423,734 375,015
7 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors 35,903 45,926
8 Other information
First London Property Ltd is a private company limited by shares and incorporated in England. Its registered office is:
4 Laurel Park
Harrow
Middx
HA3 6AU
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