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Company Registration No. 12373225 (England and Wales)
FIFTH ESSENCE PROPERTY LIMITED Amended Unaudited accounts for the year ended 31 December 2023
FIFTH ESSENCE PROPERTY LIMITED Amended Unaudited accounts Contents
Page
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FIFTH ESSENCE PROPERTY LIMITED Company Information for the year ended 31 December 2023
Director
Momad MOHIBI
Company Number
12373225 (England and Wales)
Registered Office
70 ELLERDINE ROAD HOUNSLOW HOUNSLOW TW3 2PS ENGLAND
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FIFTH ESSENCE PROPERTY LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,197,406 
2,197,406 
Current assets
Debtors
1 
1 
Cash at bank and in hand
28,329 
8,355 
28,330 
8,356 
Creditors: amounts falling due within one year
(9,683)
(4,731)
Net current assets
18,647 
3,625 
Total assets less current liabilities
2,216,053 
2,201,031 
Creditors: amounts falling due after more than one year
(2,175,750)
(2,177,581)
Net assets
40,303 
23,450 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
40,302 
23,449 
Shareholders' funds
40,303 
23,450 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 2 July 2024 and were signed on its behalf by
Momad MOHIBI Director Company Registration No. 12373225
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FIFTH ESSENCE PROPERTY LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
FIFTH ESSENCE PROPERTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12373225. The registered office is 70 ELLERDINE ROAD HOUNSLOW, HOUNSLOW, TW3 2PS, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
2,197,406 
27,491 
2,224,897 
At 31 December 2023
2,197,406 
27,491 
2,224,897 
Depreciation
At 1 January 2023
- 
27,491 
27,491 
At 31 December 2023
- 
27,491 
27,491 
Net book value
At 31 December 2023
2,197,406 
- 
2,197,406 
At 31 December 2022
2,197,406 
- 
2,197,406 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
1 
1 
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FIFTH ESSENCE PROPERTY LIMITED Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
8,083 
4,131 
Accruals
1,600 
600 
9,683 
4,731 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,640,194 
1,640,194 
Other creditors
535,556 
537,387 
2,175,750 
2,177,581 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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