Company registration number SC662251 (Scotland)
FWC PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
FWC PROPERTIES LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
FWC PROPERTIES LIMITED
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF FWC PROPERTIES LIMITED
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of FWC Properties Limited for the year ended 31 May 2024 set out on pages 2 to 3 from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.
This report is made solely to the board of directors of FWC Properties Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of FWC Properties Limited and state those matters that we have agreed to state to the board of directors of FWC Properties Limited, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FWC Properties Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that FWC Properties Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that FWC Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of FWC Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
MMG Chartered Accountants
21 February 2025
Chapelshade House
78-84 Bell Street
Dundee
Scotland
DD1 1RQ
FWC PROPERTIES LIMITED
BALANCE SHEET
- 2 -
2024
2023
£
£
£
£
Fixed assets
440,158
440,158
Current assets
17,153
20,882
Creditors: amounts falling due within one year
(55,119)
(102,851)
Net current liabilities
(37,966)
(81,969)
Total assets less current liabilities
402,192
358,189
Creditors: amounts falling due after more than one year
(293,448)
(293,448)
Net assets
108,744
64,741
Capital and reserves
108,744
64,741
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
1
1
FWC Properties Limited is a private company limited by shares incorporated in Scotland. The registered office is 78-84 Bell Street, Dundee, Scotland, DD1 1HN.
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 directors acknowledge their 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.
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.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
FWC PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 21 February 2025 and are signed on its behalf by:
Mrs A J Baptie
Director
Company registration number SC662251 (Scotland)