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Logo On Report
Registered Number: 13069526
England and Wales

 

 

 

FREELANDS PROPERTY INVESTMENTS LTD


Abridged Accounts
 


Period of accounts

Start date: 01 January 2023

End date: 31 December 2023
  2023   2022
    £ £   £ £
Fixed assets   2,355,585      2,232,585 
Current assets 18,807      67,868   
Prepayments and accrued income 13,687      13,799   
Creditors: amount falling due within one year (730,877)     (667,472)  
Net current assets   (698,383)     (585,805)
Total assets less current liabilities   1,657,202      1,646,780 
Creditors: amount falling due after more than one year   (1,630,911)     (1,630,911)
Net assets   26,291      15,869 
 

         
Capital and reserves   26,291      15,869 
 
NOTES TO THE ACCOUNTS

General Information
FREELANDS PROPERTY INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13069526, registration address 29-31 LEITH HILL, ORPINGTON KENT, BR5 2RS.

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.
2.

Average number of employees

Average number of employees during the year was 0 (2022 : 0).


For the year ended 31 December 2023 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 year 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 01 November 2024 and were signed by:


--------------------------------
Jonathan Price
Director
1