REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 October 2024 |
for |
Properties.properties Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 October 2024 |
for |
Properties.properties Limited |
Properties.properties Limited (Registered number: 11634587) |
Contents of the Financial Statements |
for the Year Ended 31 October 2024 |
Page |
Balance Sheet | 1 |
Properties.properties Limited (Registered number: 11634587) |
Balance Sheet |
31 October 2024 |
31.10.24 | 31.10.23 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Properties.properties Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
Going Concern |
The financial statements have been prepared on a going concern basis, notwithstanding the fact that there is a net current deficit of £164,074 (2023: £167,225) on the balance sheet. The Directors, having made appropriate enquiries, are satisfied that the company will receive continued support from the company's ultimate shareholders and the company will be able to meet its liabilities as they fall due for payment. Therefore, the directors are of the opinion that it is appropriate to adopt the going concern basis in preparing the financial statements.The financial statements do not include the adjustments that would result if the company was unable to continue as a going concern. |
Properties.properties Limited (Registered number: 11634587) |
Balance Sheet - continued |
31 October 2024 |
NOTES TO THE FINANCIAL STATEMENTS |
2. | BANK LOANS |
The Mortgage Works (UK) Plc loan is interest only for the term of 25 years and secured by way of fixed and floating charge over the company's investment property. |
As at the balance sheet date the company owed £57,000 (2023: £57,000) to The Mortgage Works (UK) Plc. |
3. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was |
4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
At the balance sheet date the company owed £155,174 (2022: £154,516) to Ms.V. Souckova, a company director. |
The director acknowledges her 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. |
The financial statements were approved by the director and authorised for issue on |