Company registration number 04780653 (England and Wales)
FOUND PROPERTY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
FOUND PROPERTY LIMITED
BALANCE SHEET
AS AT 31 MAY 2024
31 May 2024
- 1 -
2024
2023
£
£
£
£
Current assets
340,435
164,015
Prepayments and accrued income
-
0
25,270
Creditors: amounts falling due within one year
(204,860)
(194,970)
Net current assets/(liabilities)
135,575
(5,685)
Accruals and deferred income
(97,921)
(705)
Net assets/(liabilities)
37,654
(6,390)
Capital and reserves
37,654
(6,390)
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
-
0
-
0
2
Related party transactions

During the year advances amounting to £99,600 (2023 - £49,500) were made to R Found. Repayments of the

loan during the year amounted to £49,795 (2023 - £18,496). At 31 May 2024, £163,174 (2023- £113,369)

was due from R Found. The loan is interest free and repayable on demand.

 

 

Found Property Limited is a private company limited by shares incorporated in England and Wales. The registered office is First Floor, 5 Fleet Place, London, EC4M 7RD.

 

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.

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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

FOUND PROPERTY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024
31 May 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with the provisions applicable to companies subject to the small companies’ regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 3 February 2025
R M Found
Director
Company registration number 04780653 (England and Wales)
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