2023-01-012023-12-312023-12-31false10526748F9 PROPERTIES LTD2024-08-21iso4217:GBPxbrli:pure105267482023-01-01105267482023-12-31105267482023-01-012023-12-31105267482022-01-01105267482022-12-31105267482022-01-012022-12-3110526748bus:SmallEntities2023-01-012023-12-3110526748bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3110526748bus:FullAccounts2023-01-012023-12-3110526748bus:PrivateLimitedCompanyLtd2023-01-012023-12-3110526748core:WithinOneYear2023-12-3110526748core:AfterOneYear2023-12-3110526748core:WithinOneYear2022-12-3110526748core:AfterOneYear2022-12-3110526748core:ShareCapital2023-12-3110526748core:SharePremium2023-12-3110526748core:RevaluationReserve2023-12-3110526748core:OtherReservesSubtotal2023-12-3110526748core:RetainedEarningsAccumulatedLosses2023-12-3110526748core:ShareCapital2022-12-3110526748core:SharePremium2022-12-3110526748core:RevaluationReserve2022-12-3110526748core:OtherReservesSubtotal2022-12-3110526748core:RetainedEarningsAccumulatedLosses2022-12-3110526748core:LandBuildings2023-12-3110526748core:PlantMachinery2023-12-3110526748core:Vehicles2023-12-3110526748core:FurnitureFittings2023-12-3110526748core:OfficeEquipment2023-12-3110526748core:NetGoodwill2023-12-3110526748core:IntangibleAssetsOtherThanGoodwill2023-12-3110526748core:ListedExchangeTraded2023-12-3110526748core:UnlistedNon-exchangeTraded2023-12-3110526748core:LandBuildings2022-12-3110526748core:PlantMachinery2022-12-3110526748core:Vehicles2022-12-3110526748core:FurnitureFittings2022-12-3110526748core:OfficeEquipment2022-12-3110526748core:NetGoodwill2022-12-3110526748core:IntangibleAssetsOtherThanGoodwill2022-12-3110526748core:ListedExchangeTraded2022-12-3110526748core:UnlistedNon-exchangeTraded2022-12-3110526748core:LandBuildings2023-01-012023-12-3110526748core:PlantMachinery2023-01-012023-12-3110526748core:Vehicles2023-01-012023-12-3110526748core:FurnitureFittings2023-01-012023-12-3110526748core:OfficeEquipment2023-01-012023-12-3110526748core:NetGoodwill2023-01-012023-12-3110526748core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3110526748core:ListedExchangeTraded2023-01-012023-12-3110526748core:UnlistedNon-exchangeTraded2023-01-012023-12-3110526748core:MoreThanFiveYears2023-01-012023-12-3110526748core:Non-currentFinancialInstruments2023-12-3110526748core:Non-currentFinancialInstruments2022-12-3110526748dpl:CostSales2023-01-012023-12-3110526748dpl:DistributionCosts2023-01-012023-12-3110526748core:LandBuildings2023-01-012023-12-3110526748core:PlantMachinery2023-01-012023-12-3110526748core:Vehicles2023-01-012023-12-3110526748core:FurnitureFittings2023-01-012023-12-3110526748core:OfficeEquipment2023-01-012023-12-3110526748dpl:AdministrativeExpenses2023-01-012023-12-3110526748core:NetGoodwill2023-01-012023-12-3110526748core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3110526748dpl:GroupUndertakings2023-01-012023-12-3110526748dpl:ParticipatingInterests2023-01-012023-12-3110526748dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3110526748core:ListedExchangeTraded2023-01-012023-12-3110526748dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3110526748core:UnlistedNon-exchangeTraded2023-01-012023-12-3110526748dpl:CostSales2022-01-012022-12-3110526748dpl:DistributionCosts2022-01-012022-12-3110526748core:LandBuildings2022-01-012022-12-3110526748core:PlantMachinery2022-01-012022-12-3110526748core:Vehicles2022-01-012022-12-3110526748core:FurnitureFittings2022-01-012022-12-3110526748core:OfficeEquipment2022-01-012022-12-3110526748dpl:AdministrativeExpenses2022-01-012022-12-3110526748core:NetGoodwill2022-01-012022-12-3110526748core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3110526748dpl:GroupUndertakings2022-01-012022-12-3110526748dpl:ParticipatingInterests2022-01-012022-12-3110526748dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3110526748core:ListedExchangeTraded2022-01-012022-12-3110526748dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3110526748core:UnlistedNon-exchangeTraded2022-01-012022-12-3110526748core:NetGoodwill2023-12-3110526748core:IntangibleAssetsOtherThanGoodwill2023-12-3110526748core:LandBuildings2023-12-3110526748core:PlantMachinery2023-12-3110526748core:Vehicles2023-12-3110526748core:FurnitureFittings2023-12-3110526748core:OfficeEquipment2023-12-3110526748core:AfterOneYear2023-12-3110526748core:WithinOneYear2023-12-3110526748core:ListedExchangeTraded2023-12-3110526748core:UnlistedNon-exchangeTraded2023-12-3110526748core:ShareCapital2023-12-3110526748core:SharePremium2023-12-3110526748core:RevaluationReserve2023-12-3110526748core:OtherReservesSubtotal2023-12-3110526748core:RetainedEarningsAccumulatedLosses2023-12-3110526748core:NetGoodwill2022-12-3110526748core:IntangibleAssetsOtherThanGoodwill2022-12-3110526748core:LandBuildings2022-12-3110526748core:PlantMachinery2022-12-3110526748core:Vehicles2022-12-3110526748core:FurnitureFittings2022-12-3110526748core:OfficeEquipment2022-12-3110526748core:AfterOneYear2022-12-3110526748core:WithinOneYear2022-12-3110526748core:ListedExchangeTraded2022-12-3110526748core:UnlistedNon-exchangeTraded2022-12-3110526748core:ShareCapital2022-12-3110526748core:SharePremium2022-12-3110526748core:RevaluationReserve2022-12-3110526748core:OtherReservesSubtotal2022-12-3110526748core:RetainedEarningsAccumulatedLosses2022-12-3110526748core:NetGoodwill2022-01-0110526748core:IntangibleAssetsOtherThanGoodwill2022-01-0110526748core:LandBuildings2022-01-0110526748core:PlantMachinery2022-01-0110526748core:Vehicles2022-01-0110526748core:FurnitureFittings2022-01-0110526748core:OfficeEquipment2022-01-0110526748core:AfterOneYear2022-01-0110526748core:WithinOneYear2022-01-0110526748core:ListedExchangeTraded2022-01-0110526748core:UnlistedNon-exchangeTraded2022-01-0110526748core:ShareCapital2022-01-0110526748core:SharePremium2022-01-0110526748core:RevaluationReserve2022-01-0110526748core:OtherReservesSubtotal2022-01-0110526748core:RetainedEarningsAccumulatedLosses2022-01-0110526748core:AfterOneYear2023-01-012023-12-3110526748core:WithinOneYear2023-01-012023-12-3110526748core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-3110526748core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-3110526748core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-3110526748core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-3110526748core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-3110526748core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-3110526748core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3110526748core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3110526748core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3110526748core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3110526748core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3110526748core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3110526748core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3110526748core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3110526748core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3110526748core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3110526748core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3110526748core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3110526748core:Non-currentFinancialInstrumentscore:CostValuation2022-12-3110526748core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-3110526748core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-3110526748core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-3110526748core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-3110526748core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-3110526748core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-3110526748core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-3110526748core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-3110526748bus:Director12023-01-012023-12-3110526748bus:Director22023-01-012023-12-3110526748core:FurnitureFittingsToolsEquipment2022-12-3110526748core:FurnitureFittingsToolsEquipment2023-12-3110526748core:FurnitureFittingsToolsEquipment2023-01-012023-12-31

F9 PROPERTIES LTD

Registered Number
10526748
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

F9 PROPERTIES LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

BREDIN, Rebecca Louise
COLLINGS, Pamela Elizabeth

Registered Address

Centre House Cornwells Bank
Newick
Lewes
BN8 4RX

Registered Number

10526748 (England and Wales)
F9 PROPERTIES LTD
Statement of Financial Position
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets341163
Investment property4371,938371,938
371,979372,101
Current assets
Debtors1,076151
Cash at bank and on hand12,4205,842
13,4965,993
Creditors amounts falling due within one year5(152,277)(150,072)
Net current assets (liabilities)(138,781)(144,079)
Total assets less current liabilities233,198228,022
Creditors amounts falling due after one year6(224,442)(224,425)
Net assets8,7563,597
Capital and reserves
Called up share capital100100
Profit and loss account8,6563,497
Shareholders' funds8,7563,597
The financial statements were approved and authorised for issue by the Board of Directors on 21 August 2024, and are signed on its behalf by:
BREDIN, Rebecca Louise
Director
COLLINGS, Pamela Elizabeth
Director

Registered Company No. 10526748
F9 PROPERTIES LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
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).
Going concern
The director has considered the financial position of the company and believes it is well placed to manage its business risks successfully. The director has considered the impact of COVID-19 and even though there are uncertainties believe there will not be a material adverse impact on the company's ability to continue to trade. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continue to adopt the going concern basis in preparing the financial statements.
Turnover policy
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.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: 25% on cost

Straight line (years)
Fixtures and fittings25
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20232022
Average number of employees during the year22
3.Tangible fixed assets

Fixtures & fittings

Total

££
Cost or valuation
At 01 January 233,6623,662
At 31 December 233,6623,662
Depreciation and impairment
At 01 January 233,4993,499
Charge for year122122
At 31 December 233,6213,621
Net book value
At 31 December 234141
At 31 December 22163163
4.Investment property

£
Fair value at 01 January 23371,938
At 31 December 23371,938
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables2,475-
Bank borrowings and overdrafts7,6147,614
Taxation and social security1,590425
Other creditors140,088140,689
Accrued liabilities and deferred income5101,344
Total152,277150,072
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts224,442224,425
Total224,442224,425