FI PROPERTIES LTD

Company Registration Number:
03062141 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

FI PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

FI PROPERTIES LTD

Company Information

for the Period Ended 31 December 2023




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 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 943,754 943,763
Total fixed assets: 943,754 943,763
Current assets
Cash at bank and in hand: 753 217
Total current assets: 753 217
Creditors: amounts falling due within one year: 5 ( 925,489 ) ( 925,467 )
Net current assets (liabilities): ( 924,736 ) ( 925,250 )
Total assets less current liabilities: 19,018 18,513
Creditors: amounts falling due after more than one year: 6 ( 332,457 ) ( 332,457 )
Total net assets (liabilities): ( 313,439 ) ( 313,944 )

The notes form part of these financial statements

FI PROPERTIES LTD

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 313,441 ) ( 313,946 )
Shareholders funds: ( 313,439 ) ( 313,944 )

For the year ending 31 December 2023 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 16 September 2024
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 2023

  • 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 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

FI PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

FI PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 01 January 2023 943,716 358 14,081 - 5,000 963,155
Additions - - - - - -
Disposals - - - - - -
Revaluations - - - - - -
Transfers - - - - - -
At 31 December 2023 943,716 358 14,081 - 5,000 963,155
Depreciation
At 01 January 2023 - 358 14,044 - 4,990 19,392
Charge for year - - - 7 2 9
On disposals - - - - - -
Other adjustments - - - - - -
At 31 December 2023 - 358 14,044 7 4,992 19,401
Net book value
At 31 December 2023 943,716 0 37 ( 7 ) 8 943,754
At 31 December 2022 943,716 0 37 - 10 943,763

FI PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Other creditors 925,489 925,467
Total 925,489 925,467

FI PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

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


2023
£

2022
£
Bank loans and overdrafts 100,000 100,000
Other creditors 232,457 232,457
Total 332,457 332,457