Company Registration No. 13722356 (England and Wales)
FMP Property Investments Limited
Unaudited accounts
for the year ended 31 August 2024
FMP Property Investments Limited
Unaudited accounts
Contents
FMP Property Investments Limited
Company Information
for the year ended 31 August 2024
Company Number
13722356 (England and Wales)
Registered Office
8 MACKINTOSH STREET
BROMLEY
KENT
BR2 9GF
ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
FMP Property Investments Limited
Statement of financial position
as at 31 August 2024
Investment property
630,000
313,668
Cash at bank and in hand
5,738
1,153
Creditors: amounts falling due within one year
(602,325)
(413,141)
Net current liabilities
(583,920)
(363,923)
Total assets less current liabilities
46,080
(50,255)
Provisions for liabilities
Net assets/(liabilities)
16,893
(50,255)
Called up share capital
1
1
Revaluation reserve
87,562
-
Profit and loss account
(70,670)
(50,256)
Shareholders' funds
16,893
(50,255)
For the year ending 31 August 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 June 2025 and were signed on its behalf by
Mr P Nicholas
Director
Company Registration No. 13722356
FMP Property Investments Limited
Notes to the Accounts
for the year ended 31 August 2024
FMP Property Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 13722356. The registered office is 8 MACKINTOSH STREET, BROMLEY, KENT, BR2 9GF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 September 2023
313,668
Net gain from fair value adjustments
116,749
Amounts falling due within one year
Amounts due from group undertakings etc.
-
48,065
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
403,414
403,414
Amounts owed to group undertakings and other participating interests
162,922
-
Taxes and social security
-
1,354
Loans from directors
35,539
7,923
Within creditors is a loan from Aldermore Bank Plc of £403414, which is secured by 1st charge against the property held by the company, 2 Grosvenor Road, Manchester, M16 8JP. The director has also provided a personal guarantee for this loan.
FMP Property Investments Limited
Notes to the Accounts
for the year ended 31 August 2024
The company is 100% subsidiary of PNB Holdings Limited, a UK registered company (14391496)
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).