Acorah Software Products - Accounts Production 16.1.300 false true false 23 May 2023 31 May 2024 31 May 2024 14888173 Mr Boon Koa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14888173 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-05-31 14888173 2023-05-22 14888173 2024-05-31 14888173 2023-05-23 2024-05-31 14888173 frs-core:Non-currentFinancialInstruments 2024-05-31 14888173 frs-core:ShareCapital 2024-05-31 14888173 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14888173 frs-bus:PrivateLimitedCompanyLtd 2023-05-23 2024-05-31 14888173 frs-bus:FilletedAccounts 2023-05-23 2024-05-31 14888173 frs-bus:SmallEntities 2023-05-23 2024-05-31 14888173 frs-bus:AuditExempt-NoAccountantsReport 2023-05-23 2024-05-31 14888173 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-23 2024-05-31 14888173 frs-bus:Director1 2023-05-23 2024-05-31 14888173 frs-countries:EnglandWales 2023-05-23 2024-05-31
Registered number: 14888173
The Farmland Property (UK) Limited
Unaudited Financial Statements
For the Period 23 May 2023 to 31 May 2024
Sturgess Hutchinson
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14888173
31 May 2024
Notes £ £
FIXED ASSETS
Investment Properties 4 192,136
192,136
CURRENT ASSETS
Cash at bank and in hand 465
465
Creditors: Amounts Falling Due Within One Year 5 (11,322 )
NET CURRENT ASSETS (LIABILITIES) (10,857 )
TOTAL ASSETS LESS CURRENT LIABILITIES 181,279
Creditors: Amounts Falling Due After More Than One Year 6 (188,450 )
NET LIABILITIES (7,171 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (7,271 )
SHAREHOLDERS' FUNDS (7,171)
Page 1
Page 2
For the period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Boon Koa
Director
18/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Farmland Property (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14888173 . The registered office is 21 New Walk, Leicester, LE1 6TE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Investment Property
31 May 2024
£
Fair Value
As at 23 May 2023 -
Additions 192,136
As at 31 May 2024 192,136
5. Creditors: Amounts Falling Due Within One Year
31 May 2024
£
Other creditors 11,322
6. Creditors: Amounts Falling Due After More Than One Year
31 May 2024
£
Other loans 188,450
Of the creditors falling due after more than one year the following amounts are due after more than five years.
The loan is secured by a fixed and floating charge over the assets of the company, including a first legal charge over the freehold property.
31 May 2024
£
Other loans 188,450
Page 3
Page 4
7. Share Capital
31 May 2024
£
Allotted, Called up and fully paid 100
Page 4