2023-06-01 14122128 2024-05-31 14122128 2023-06-01 2024-05-31 14122128 2023-05-31 14122128 2022-05-20 2023-05-31 14122128 uk-core:WithinOneYear 2023-05-31 14122128 uk-core:WithinOneYear 2024-05-31 14122128 uk-core:AfterOneYear 2023-05-31 14122128 uk-core:AfterOneYear 2024-05-31 14122128 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 14122128 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 14122128 uk-bus:Director1 2023-06-01 2024-05-31 14122128 uk-core:AfterOneYear uk-core:Secured 2024-05-31 14122128 uk-core:AfterOneYear uk-core:Secured 2023-05-31 iso4217:GBP xbrli:pure 14122128 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 14122128 uk-bus:FRS102 2023-06-01 2024-05-31 14122128 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 14122128 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Foxpoint Properties LTD
Registered Number:14122128
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Foxpoint Properties LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
14122128
As at 31 May 2024
Foxpoint Properties LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
126,148
126,148
2
126,148
126,148
Current assets
Trade and other receivables
(38,267)
(41,860)
3
1,399
Cash and cash equivalents
4,860
(37,000)
(36,868)
Trade and other payables: amounts falling due within one
year
(450)
(450)
4
(37,318)
(37,450)
Net current liabilities
Total assets less current liabilities
88,698
88,830
Trade and other payables: amounts falling due after more
than one year
(89,980)
(89,980)
5
(1,282)
Net liabilities
(1,150)
Capital and reserves
Retained earnings
(1,282)
(1,150)
(1,282)
(1,150)
Shareholders' funds
For the year ended 31 May 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr James Pointing Director
These financial statements were approved and authorised for issue by the Board on 09 July 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2024
Foxpoint Properties LTD
Notes to the Financial Statements
Statutory Information
Foxpoint Properties LTD is a private limited company, limited by shares, domiciled in England and Wales, registration
number 14122128.
Registered address:
53 Garland Close
Exeter
Devon
EX4 2NT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Investment property
IInvestment properties are included in teh balance sheet at the cost. Depreciation is provifded only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. Although this accounting policy is in accordance with the Financial Reporting Standards for Smaller Entoties (effective Januty 2015), it is a departture from the general requirement of teh Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the finnacial sttaement to give a true and fair view. deoreciation or amortisation is only one of many factors reflected in the valuation and the amount of this which might otherwise have been charged cannot be separetely identified or quantified.
2. Property, plant and equipment
Land and
Buildings
£
Cost or
valuation
At 01 June 2023
126,148
At 31 May 2024
126,148
At 31 May 2024
Net book value
126,148
At 31 May 2023
126,148
3. Trade and other receivables
2023
2024
£
£
Other debtors
(41,860)
(38,267)
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5
For the year ended 31 May 2024
Foxpoint Properties LTD
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Other creditors
450
450
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
89,980
89,980
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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