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Company Registration No. 09883682 (England and Wales)
FIFTY NINE FREEHOLD LIMITED Unaudited accounts for the year ended 30 November 2023
FIFTY NINE FREEHOLD LIMITED Unaudited accounts Contents
Page
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FIFTY NINE FREEHOLD LIMITED Company Information for the year ended 30 November 2023
Directors
Hala Eltayeb Ali Abusin Charmaine Yvette Reis
Company Number
09883682 (England and Wales)
Registered Office
59 THE VALE LONDON W3 7RR ENGLAND
Accountants
SAAP & Associates Limited Thames House 3 Wellington Street Woolwich London SE18 6NY
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FIFTY NINE FREEHOLD LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
79,250 
79,250 
Current assets
Cash at bank and in hand
1,204 
3,194 
Creditors: amounts falling due within one year
(1,570)
(1,630)
Net current (liabilities)/assets
(366)
1,564 
Total assets less current liabilities
78,884 
80,814 
Creditors: amounts falling due after more than one year
(99,570)
(99,570)
Net liabilities
(20,686)
(18,756)
Reserves
Profit and loss account
(20,686)
(18,756)
Members' funds
(20,686)
(18,756)
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by
Hala Eltayeb Ali Abusin Director Company Registration No. 09883682
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FIFTY NINE FREEHOLD LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
FIFTY NINE FREEHOLD LIMITED is a private company, limited by guarantee, registered in England and Wales, registration number 09883682. The registered office is 59 THE VALE, LONDON, W3 7RR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2022
79,250 
At 30 November 2023
79,250 
Depreciation
At 30 November 2023
- 
Net book value
At 30 November 2023
79,250 
At 30 November 2022
79,250 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
1,210 
1,210 
Accruals
360 
420 
1,570 
1,630 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
99,570 
99,570 
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FIFTY NINE FREEHOLD LIMITED Notes to the Accounts for the year ended 30 November 2023
7
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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