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REGISTERED NUMBER: 12396222 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 FEBRUARY 2023 TO 31 JULY 2024

FOR

F&D PROPERTY LTD

F&D PROPERTY LTD (REGISTERED NUMBER: 12396222)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 FEBRUARY 2023 TO 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


F&D PROPERTY LTD

COMPANY INFORMATION
FOR THE PERIOD 1 FEBRUARY 2023 TO 31 JULY 2024







DIRECTOR: C Vickers





REGISTERED OFFICE: 3 Meredith Green
Kidderminster
DY11 7EJ





REGISTERED NUMBER: 12396222 (England and Wales)





ACCOUNTANTS: MDG Business Associates Limited
Room 73
Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR

F&D PROPERTY LTD (REGISTERED NUMBER: 12396222)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 2,318

CURRENT ASSETS
Debtors 5 - 2,905
Cash at bank 539 -
539 2,905
CREDITORS
Amounts falling due within one year 6 19,709 29,444
NET CURRENT LIABILITIES (19,170 ) (26,539 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19,170

)

(24,221

)

CREDITORS
Amounts falling due after more than one year 7 46,777 45,981
NET LIABILITIES (65,947 ) (70,202 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (66,047 ) (70,302 )
SHAREHOLDERS' FUNDS (65,947 ) (70,202 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:





C Vickers - Director


F&D PROPERTY LTD (REGISTERED NUMBER: 12396222)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 FEBRUARY 2023 TO 31 JULY 2024

1. STATUTORY INFORMATION

F&D Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The comparatives relate to the year 1st February 2022 to 31 January 2023.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Bounce back loan scheme
The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak. The scheme helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover. The maximum loan available was £50,000. The government guarantees 100% of the loan and there are no fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% a year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

F&D PROPERTY LTD (REGISTERED NUMBER: 12396222)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 FEBRUARY 2023 TO 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
Cost
At 1 February 2023
and 31 July 2024 4,496
Depreciation
At 1 February 2023 2,178
Charge for period 2,318
At 31 July 2024 4,496
Net book value
At 31 July 2024 -
At 31 January 2023 2,318

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 1,809
Prepayments and accrued income - 1,096
- 2,905

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 2,236 -
Social security and other taxes - 21,663
Director's loan account 11,973 485
Accruals and deferred income 500 2,296
19,709 29,444

The bank loan is undertaken under the Bounce Back Loan Scheme. The loan is 100% government guaranteed with interest charged at 2.5% per annum from year 2.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 46,777 45,981

The bank loan is undertaken under the Bounce Back Loan Scheme. The loan is 100% government guaranteed with interest charged at 2.5% per annum from year 2.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

F&D PROPERTY LTD (REGISTERED NUMBER: 12396222)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 FEBRUARY 2023 TO 31 JULY 2024

9. RELATED PARTY DISCLOSURES

Included within creditors is an amount of £11,973 (2023: £485) due to C Vickers, director. No interest has been charged on this balance during the period (2023: £Nil) and there are no set repayment terms.

Included within other debtors is an amount of £Nil (2023: £1,809) due from The Property Prop Box Limited, a company under the control of C Vickers, director.