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Logo On Report
Registered Number: 06614115
England and Wales

 

 

 

FREELANDS PROPERTY LTD


Abridged Accounts
 


Period of accounts

Start date: 01 July 2023

End date: 30 June 2024
  2024   2023
    £ £   £ £
Fixed assets   316,377      241,377 
Current assets 836,227      949,711   
Creditors: amount falling due within one year (708)     (18,989)  
Net current assets   835,519      930,722 
Total assets less current liabilities   1,151,896      1,172,099 
Creditors: amount falling due after more than one year   (410,497)     (435,497)
Net assets   741,399      736,602 
 

         
Capital and reserves   741,399      736,602 
 
NOTES TO THE ACCOUNTS

General Information
FREELANDS PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 06614115, registration address 29-31 Leith Hill, Orpington, Kent, BR5 2RS.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention. Turnover is stated net of VAT. Borrowing costs have been expensed rather than capitalised as per the regulations of FRS 105. Properties have not been revalued as per the regulations of FRS 105 and gains on disposals have been credited to the profit and loss.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).


For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 27 March 2025 and were signed on its behalf by:


--------------------------------
Mr J C Price
Director
1