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REGISTERED NUMBER: 04495639 (England and Wales)















Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 July 2024

for

First Property Holdings Limited

First Property Holdings Limited (Registered number: 04495639)






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




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


First Property Holdings Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: D F Avery
Ms A Avery





SECRETARY: R. G. C. Corporate Services Ltd





REGISTERED OFFICE: 23 Porters Wood
St. Albans
Hertfordshire
AL3 6PQ





REGISTERED NUMBER: 04495639 (England and Wales)






First Property Holdings Limited (Registered number: 04495639)

Report of the Directors
for the Year Ended 31 July 2024

The directors present their report with the financial statements of the company for the year ended 31 July 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 August 2023 to the date of this report.

D F Avery
Ms A Avery

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





D F Avery - Director


15 November 2024

First Property Holdings Limited (Registered number: 04495639)

Income Statement
for the Year Ended 31 July 2024

2024 2023
Notes £    £   

TURNOVER 78,708 -

Administrative expenses 3,625 (14,723 )
OPERATING PROFIT 75,083 14,723

Interest receivable and similar income 39,094 53,228
PROFIT BEFORE TAXATION 114,177 67,951

Tax on profit 26,507 10,586
PROFIT FOR THE FINANCIAL YEAR 87,670 57,365

First Property Holdings Limited (Registered number: 04495639)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 171,417 178,231
Investments 6 1,000,220 908,066
Cash at bank 53,954 28,299
1,225,591 1,114,596
CREDITORS
Amounts falling due within one year 7 28,938 11,736
NET CURRENT ASSETS 1,196,653 1,102,860
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,196,653

1,102,860

CREDITORS
Amounts falling due after more than one
year

8

298,424

312,901
NET ASSETS 898,229 789,959

CAPITAL AND RESERVES
Called up share capital 2 2
Other reserves 20,600 -
Retained earnings 877,627 789,957
898,229 789,959

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

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by:



D F Avery - Director


First Property Holdings Limited (Registered number: 04495639)

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

1. STATUTORY INFORMATION

First Property Holdings 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.

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. EXCEPTIONAL ITEMS
2024 2023
£    £   
Investments value adjustment 26,768 31,710

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 68,335 27,110
Other debtors 103,082 151,121
171,417 178,231

First Property Holdings Limited (Registered number: 04495639)

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

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments for trading 1,000,220 908,066

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 27,238 10,586
Other creditors 1,700 1,150
28,938 11,736

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 298,424 312,901