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REGISTERED NUMBER: 07933870 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Florians Developments Ltd

Florians Developments Ltd (Registered number: 07933870)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Florians Developments Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: G Jenkins
Ms M L Washington-Jenkins





REGISTERED OFFICE: Florians
West Green Road
Hartley Wintney
Hampshire
RG27 8JW





REGISTERED NUMBER: 07933870 (England and Wales)





ACCOUNTANTS: Sumner & Moore Limited
The Studio
2 Borelli Yard
Farnham
Surrey
GU9 7NU

Florians Developments Ltd (Registered number: 07933870)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,044,557 1,044,557

CURRENT ASSETS
Debtors 5 3,323 -
Cash at bank 429,331 402,459
432,654 402,459
CREDITORS
Amounts falling due within one year 6 681,515 531,453
NET CURRENT LIABILITIES (248,861 ) (128,994 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

795,696

915,563

CREDITORS
Amounts falling due after more than one
year

7

374,053

532,593
NET ASSETS 421,643 382,970

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 421,543 382,870
SHAREHOLDERS' FUNDS 421,643 382,970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Florians Developments Ltd (Registered number: 07933870)

Balance Sheet - continued
29 February 2024


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by:





G Jenkins - Director


Florians Developments Ltd (Registered number: 07933870)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Florians Developments Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 March 2023
and 29 February 2024 1,044,557
NET BOOK VALUE
At 29 February 2024 1,044,557
At 28 February 2023 1,044,557

Florians Developments Ltd (Registered number: 07933870)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other debtors 3,323 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 49,200 47,302
Amounts owed to group undertakings 611,408 461,408
Taxation and social security 15,007 11,599
Other creditors 5,900 11,144
681,515 531,453

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 374,053 532,593

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 177,253 343,384