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Company Registration No. 12552588 (England and Wales)
FREE LAND PROPERTY LTD Unaudited accounts for the year ended 30 April 2023
FREE LAND PROPERTY LTD Unaudited accounts Contents
Page
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FREE LAND PROPERTY LTD Company Information for the year ended 30 April 2023
Director
Mr. Kamran Hussain
Company Number
12552588 (England and Wales)
Registered Office
Skyline Central 2 10-12 Rochdale Road Manchester United Kingdom PR1 8UQ United Kingdom
Accountants
CLEARCUT ACCOUNTING LIMITED SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENT 300 PRINCESS ROAD MANCHESTER M14 7HR
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FREE LAND PROPERTY LTD Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,000 
Current assets
Debtors
54,317 
44,810 
Cash at bank and in hand
407,631 
118,838 
461,948 
163,648 
Creditors: amounts falling due within one year
(436,392)
(151,698)
Net current assets
25,556 
11,950 
Net assets
25,556 
13,950 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
25,555 
13,949 
Shareholders' funds
25,556 
13,950 
For the year ending 30 April 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 25 October 2024 and were signed on its behalf by
Mr. Kamran Hussain Director Company Registration No. 12552588
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FREE LAND PROPERTY LTD Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
FREE LAND PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 12552588. The registered office is Skyline Central 2, 10-12, Rochdale Road, Manchester, United Kingdom, PR1 8UQ, United Kingdom.
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
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2022
2,000 
Disposals
(2,000)
At 30 April 2023
- 
Depreciation
At 30 April 2023
- 
Net book value
At 30 April 2023
- 
At 30 April 2022
2,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
9,388 
14,810 
Trade debtors
9,000 
30,000 
Other debtors
35,929 
- 
54,317 
44,810 
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FREE LAND PROPERTY LTD Notes to the Accounts for the year ended 30 April 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
309,829 
101,376 
Taxes and social security
1,422 
4,188 
Other creditors
79,744 
41,880 
Loans from directors
- 
1,614 
Accruals
4,640 
2,640 
Deferred income
40,757 
- 
436,392 
151,698 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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