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REGISTERED NUMBER: 09769242 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

FAB4 Properties Limited

FAB4 Properties Limited (Registered number: 09769242)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FAB4 Properties Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr D J Keogh
Mr M Nash
Mr M J P Swift





REGISTERED OFFICE: 4 Cedar Park
Cobham Road
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7SF





REGISTERED NUMBER: 09769242 (England and Wales)





ACCOUNTANTS: Ward Goodman Audit Services Ltd
4 Cedar Park
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7SF

FAB4 Properties Limited (Registered number: 09769242)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 360,879 360,879

CURRENT ASSETS
Debtors 5 1,945 1,158
Cash at bank 1,563 29,248
3,508 30,406
CREDITORS
Amounts falling due within one year 6 75,629 110,071
NET CURRENT LIABILITIES (72,121 ) (79,665 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

288,758

281,214

CREDITORS
Amounts falling due after more than one year 7 204,679 205,381
NET ASSETS 84,079 75,833

CAPITAL AND RESERVES
Called up share capital 9 3 3
Capital redemption reserve 10 1 1
Retained earnings 10 84,075 75,829
SHAREHOLDERS' FUNDS 84,079 75,833

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

FAB4 Properties Limited (Registered number: 09769242)

Balance Sheet - continued
31 March 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 30 July 2024 and were signed on its behalf by:





Mr M Nash - Director


FAB4 Properties Limited (Registered number: 09769242)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

FAB4 Properties 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 NIL (2023 - NIL).

FAB4 Properties Limited (Registered number: 09769242)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 360,879
NET BOOK VALUE
At 31 March 2024 360,879
At 31 March 2023 360,879

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 604 -
Prepayments 1,341 1,158
1,945 1,158

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 7,375 7,375
Tax 2,781 6,473
Other creditors 60,073 90,823
Directors' current accounts 5,400 5,400
75,629 110,071

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 204,679 205,381

Amounts falling due in more than five years:

Repayable by instalments
Property mortgage after 5 years 175,180 175,882

FAB4 Properties Limited (Registered number: 09769242)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Property mortgage within 1 year 7,375 7,375

Amounts falling due between one and two years:
Property mortgage between 1 and 2 years 7,375 7,375

Amounts falling due between two and five years:
Property mortgage between 2 and 5 years 22,124 22,124

Amounts falling due in more than five years:

Repayable by instalments
Property mortgage after 5 years 175,180 175,882

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary 1 3 3

10. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2023 75,829 1 75,830
Profit for the year 8,246 8,246
At 31 March 2024 84,075 1 84,076

11. RELATED PARTY DISCLOSURES

During the period to 31 March 2024 an amount of £30,500 (2023: £42,000) was included within rent received from Mploy Staffing Solutions Limited.

As at 31 March 2024, an amount of £60,073 (31 March 2023: £90,823) was included within creditors as an amount owing to Mploy Staffing Solutions Limited.

Mploy Staffing Solutions Limited is a company under common control.