FRANKLIN LOWE PROPERTY LTD

Company Registration Number:
12770964 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

FRANKLIN LOWE PROPERTY LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

FRANKLIN LOWE PROPERTY LTD

Company Information

for the Period Ended 31 July 2024




Director: Daniel Lowe
Registered office: 235
Uttoxeter Road
Draycott
Stoke-On-Trent
England
ST11 9AE
Company Registration Number: 12770964 (England and Wales)

FRANKLIN LOWE PROPERTY LTD

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal Activities

Property development

Directors

The directors shown below have held office during the whole of the period from 01 August 2023 to 31 July 2024
Daniel Lowe

This report was approved by the board of directors on 30 April 2025
And Signed On Behalf Of The Board By:

Name: Daniel Lowe
Status: Director

FRANKLIN LOWE PROPERTY LTD

Profit and Loss Account

for the Period Ended 31 July 2024


Notes

2024
£

2023
£
Turnover 18,418 -
Cost of sales ( 23,568 ) -
Gross Profit or (Loss) ( 5,150 ) -
Distribution Costs ( 576 ) -
Administrative Expenses ( 1,224 ) -
Operating Profit or (Loss) ( 6,950 ) -
Profit or (Loss) Before Tax ( 6,950 ) -
Profit or (Loss) for Period ( 6,950 ) -

The notes form part of these financial statements

FRANKLIN LOWE PROPERTY LTD

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 10,000 16,000
Total fixed assets: 10,000 16,000
Current assets
Cash at bank and in hand: 1,250 985
Total current assets: 1,250 985
Net current assets (liabilities): 1,250 985
Total assets less current liabilities: 11,250 16,985
Total net assets (liabilities): 11,250 16,985

The notes form part of these financial statements

FRANKLIN LOWE PROPERTY LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 11,250 16,985
Shareholders funds: 11,250 16,985

For the year ending 31 July 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

This report was approved by the board of directors on 30 April 2025
And Signed On Behalf Of The Board By:

Name: Daniel Lowe
Status: Director

The notes form part of these financial statements

FRANKLIN LOWE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FRANKLIN LOWE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

FRANKLIN LOWE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

FRANKLIN LOWE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 August 2023 3,600 100 500 11,800 16,000
Additions 1,248 - 700 - 1,948
Disposals - - - - -
Revaluations - - - - -
Transfers - - - - -
At 31 July 2024 4,848 100 1,200 11,800 17,948
Depreciation
At 01 August 2023 - - - - -
Charge for year 3,048 - 600 4,300 7,948
On disposals - - - - -
Other adjustments - - - - -
At 31 July 2024 3,048 - 600 4,300 7,948
Net book value
At 31 July 2024 1,800 100 600 7,500 10,000
At 31 July 2023 3,600 100 500 11,800 16,000