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REGISTERED NUMBER: 14650949 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 9 FEBRUARY 2023 TO 28 FEBRUARY 2024

FOR

FURNESS COMMERCIAL PROPERTIES LIMITED

FURNESS COMMERCIAL PROPERTIES LIMITED (REGISTERED NUMBER: 14650949)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 9 FEBRUARY 2023 TO 28 FEBRUARY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


FURNESS COMMERCIAL PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 9 FEBRUARY 2023 TO 28 FEBRUARY 2024







DIRECTORS: Mr A Pullin
Miss H G Sanders



REGISTERED OFFICE: 92 Holbeck Park Avenue
Barrow-in-Furness
Cumbria
LA13 0SB



REGISTERED NUMBER: 14650949 (England and Wales)



BANKERS: Santander UK plc
Sunderland
SR43 4FW

FURNESS COMMERCIAL PROPERTIES LIMITED (REGISTERED NUMBER: 14650949)

ABRIDGED BALANCE SHEET
28 FEBRUARY 2024

Notes £    £   
FIXED ASSETS
Investment property 4 187,477

CURRENT ASSETS
Cash at bank 9,248

CREDITORS
Amounts falling due within one year 29,523
NET CURRENT LIABILITIES (20,275 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

167,202

CREDITORS
Amounts falling due after more than one
year

150,000
NET ASSETS 17,202

CAPITAL AND RESERVES
Called up share capital 5 2
Retained earnings 17,200
SHAREHOLDERS' FUNDS 17,202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2024 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.

FURNESS COMMERCIAL PROPERTIES LIMITED (REGISTERED NUMBER: 14650949)

ABRIDGED BALANCE SHEET - continued
28 FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 28 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2024 and were signed on its behalf by:





Mr A Pullin - Director


FURNESS COMMERCIAL PROPERTIES LIMITED (REGISTERED NUMBER: 14650949)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 9 FEBRUARY 2023 TO 28 FEBRUARY 2024

1. STATUTORY INFORMATION

Furness Commercial Properties Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.

Investment property
The company's investment properties are held for long-term investment and are included in the Balance Sheet at open market value. The surpluses or deficits on revaluation of investment properties are transferred to the investment property revaluation reserve. Depreciation is not provided in respect of investment properties which is a departure from the Financial Reporting Standard 102 and from the Companies Act 2006.

Rental income
Rental income in recognised in the profit and loss on the accruals basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INVESTMENT PROPERTY
Total
£   
COST
Additions 187,477
At 28 February 2024 187,477
NET BOOK VALUE
At 28 February 2024 187,477

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2

2 Ordinary shares of £1 were issued during the period for cash of £ 2 .

FURNESS COMMERCIAL PROPERTIES LIMITED (REGISTERED NUMBER: 14650949)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 9 FEBRUARY 2023 TO 28 FEBRUARY 2024

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 28th February 2024 Mr A Pullin a director of the company, had on an unsecured interest free basis advanced £174,528 to the company.