| Francis Property & Estate Management Limited |
| Registered Number:07786930 |
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2024
Francis Property & Estate Management Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Francis Property & Estate Management Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
4,706
6,277
2
4,706
6,277
| Trade and other receivables |
15,946
23,648
3
30,676
| Cash and cash equivalents |
6,409
30,057
46,622
| Trade and other payables: amounts falling due within one |
| year |
(19,123)
(29,206)
4
27,499
851
Net current assets
| Total assets less current liabilities |
5,557
33,776
| Trade and other payables: amounts falling due after more |
| than one year |
(16,677)
(11,083)
5
(5,526)
Net assets/liabilities
17,099
1,000
1,000
(6,526)
16,099
(5,526)
17,099
Shareholders' funds
| For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 11 June 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 September 2024
Francis Property & Estate Management Limited
Notes to the Financial Statements
Statutory Information
| Francis Property & Estate Management Limited is a private limited company, limited by shares, domiciled in England |
| and Wales, registration number 07786930. |
184 Queens Road
Hastings
East Sussex
TN34 1RG
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 30 September 2024
Francis Property & Estate Management Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
56,091
43,903
4,183
8,005
516
-
516
-
8,005
4,699
43,903
56,607
| Provision for depreciation and impairment |
49,814
40,742
3,205
5,867
Charge for year
2,087
1,054
498
535
51,901
41,796
3,703
6,402
1,603
996
2,107
4,706
2,138
978
3,161
6,277
| 3. Trade and other receivables |
2023
2024
4,652
-
18,996
15,946
15,946
23,648
| 4. Trade and other payables: amounts falling due within one year |
2023
2024
16,914
810
| Taxation and social security |
11,956
15,127
336
3,186
29,206
19,123
| 5. Trade and other payables: amounts falling due after more than one year |
2023
2024
11,083
16,677
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For the year ended 30 September 2024
Francis Property & Estate Management Limited
Notes to the Financial Statements Continued
| 6. Average number of persons employed |
During the year the average number of employees was 4 (2023 : 4)
4 of 4