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Registered Number: 14634538
England and Wales

 

 

 

4PROPERTIES LTD


Abridged Accounts
 


Period of accounts

Start date: 02 February 2023

End date: 28 February 2024
  2024
    £ £
Called up share capital not paid   100 
Fixed assets   323,000 
Current assets 6,345   
Creditors: amount falling due within one year (2,691)  
Net current assets   3,654 
Total assets less current liabilities   326,754 
Creditors: amount falling due after more than one year   (338,362)
Net assets   (11,608)
 

     
Capital and reserves   (11,608)
 
NOTES TO THE ACCOUNTS

General Information
4PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 14634538, registration address 198 Old Bedford Road, Luton, Bedfordshire, LU2 7HW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 25 Straight Line
2.

Tangible fixed assets

Cost or valuation Land and Buildings   Total
  £   £
At 02 February 2023  
Additions 323,000    323,000 
Disposals  
At 28 February 2024 323,000    323,000 
Depreciation
At 02 February 2023  
Charge for period  
On disposals  
At 28 February 2024  
Net book values
Closing balance as at 28 February 2024 323,000    323,000 
Opening balance as at 02 February 2023  


3.

Average number of employees

Average number of employees during the period was 0.


For the period ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the director on 16 October 2024 and were signed by:


--------------------------------
Syed Mojahid ALI
Director
1