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REGISTERED NUMBER: 06543571 (England and Wales)















Unaudited Financial Statements for the Year Ended 7 April 2024

for

Francis & Company Property
Consultants Limited

Francis & Company Property
Consultants Limited (Registered number: 06543571)






Contents of the Financial Statements
for the Year Ended 7 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Francis & Company Property
Consultants Limited

Company Information
for the Year Ended 7 April 2024







DIRECTORS: M J Francis
J Wilkinson





REGISTERED OFFICE: Beckside House
4 Beckside Gardens
Leeds
West Yorkshire
LS16 5QZ





REGISTERED NUMBER: 06543571 (England and Wales)





ACCOUNTANTS: Malcolm Jones & Co LLP
Accountants and Business Advisors
West Hill House
Allerton Hill
Chapel Allerton
Leeds
West Yorkshire
LS7 3QB

Francis & Company Property
Consultants Limited (Registered number: 06543571)

Abridged Balance Sheet
7 April 2024

7.4.24 7.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,846 -
1,846 -

CURRENT ASSETS
Debtors 201,019 225,931
Investments 250,000 250,000
Cash at bank 24,769 35,529
475,788 511,460
CREDITORS
Amounts falling due within one year 115,293 78,339
NET CURRENT ASSETS 360,495 433,121
TOTAL ASSETS LESS CURRENT
LIABILITIES

362,341

433,121

CREDITORS
Amounts falling due after more than one
year

(13,091

)

(23,274

)

PROVISIONS FOR LIABILITIES (351 ) -
NET ASSETS 348,899 409,847

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 348,799 409,747
SHAREHOLDERS' FUNDS 348,899 409,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 7 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 7 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Francis & Company Property
Consultants Limited (Registered number: 06543571)

Abridged Balance Sheet - continued
7 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 7 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by:





M J Francis - Director


Francis & Company Property
Consultants Limited (Registered number: 06543571)

Notes to the Financial Statements
for the Year Ended 7 April 2024

1. STATUTORY INFORMATION

Francis & Company Property Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of six years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Francis & Company Property
Consultants Limited (Registered number: 06543571)

Notes to the Financial Statements - continued
for the Year Ended 7 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 8 April 2023
and 7 April 2024 450,000
AMORTISATION
At 8 April 2023
and 7 April 2024 450,000
NET BOOK VALUE

At 7 April 2024 -
At 7 April 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 8 April 2023 15,925
Additions 2,250
At 7 April 2024 18,175
DEPRECIATION
At 8 April 2023 15,925
Charge for year 404
At 7 April 2024 16,329
NET BOOK VALUE
At 7 April 2024 1,846
At 7 April 2023 -