2023-10-01 07786930 2024-09-30 07786930 2023-10-01 2024-09-30 07786930 2023-09-30 07786930 2022-10-01 2023-09-30 07786930 uk-core:WithinOneYear 2023-09-30 07786930 uk-core:WithinOneYear 2024-09-30 07786930 uk-core:AfterOneYear 2023-09-30 07786930 uk-core:AfterOneYear 2024-09-30 07786930 uk-core:ShareCapital 2024-09-30 07786930 uk-core:ShareCapital 2023-09-30 07786930 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 07786930 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 07786930 uk-bus:Director1 2023-10-01 2024-09-30 07786930 uk-core:OfficeEquipment 2023-10-01 2024-09-30 07786930 uk-core:CommercialMotorVehicles 2023-10-01 2024-09-30 07786930 uk-core:FurnitureFittings 2023-10-01 2024-09-30 07786930 uk-core:OfficeEquipment 2023-09-30 07786930 uk-core:FurnitureFittings 2023-09-30 07786930 uk-core:CommercialMotorVehicles 2023-09-30 07786930 uk-core:CommercialMotorVehicles 2024-09-30 07786930 uk-core:FurnitureFittings 2024-09-30 07786930 uk-core:OfficeEquipment 2024-09-30 07786930 uk-core:AfterOneYear uk-core:Secured 2024-09-30 07786930 uk-core:AfterOneYear uk-core:Secured 2023-09-30 iso4217:GBP xbrli:pure 07786930 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 07786930 uk-bus:FRS102 2023-10-01 2024-09-30 07786930 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 07786930 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
Francis Property & Estate Management Limited
Registered Number:07786930
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
07786930
As at 30 September 2024
Francis Property & Estate Management Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
4,706
6,277
2
4,706
6,277
Current assets
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
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
(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.
Mrs T Francis Director
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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4
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.
Registered address:
184 Queens Road
Hastings
East Sussex
TN34 1RG
The presentation currency is £ sterling.
1. Accounting policies
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:
33% Reducing balance
Computer equipment
33% Reducing balance
Motor vehicles
33% Reducing balance
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
5
For the year ended 30 September 2024
Francis Property & Estate Management Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost or
valuation
At 01 October 2023
56,091
43,903
4,183
8,005
516
-
516
-
Additions
At 30 September 2024
8,005
4,699
43,903
56,607
Provision for depreciation and impairment
At 01 October 2023
49,814
40,742
3,205
5,867
Charge for year
2,087
1,054
498
535
At 30 September 2024
51,901
41,796
3,703
6,402
At 30 September 2024
Net book value
1,603
996
2,107
4,706
At 30 September 2023
2,138
978
3,161
6,277
3. Trade and other receivables
2023
2024
£
£
Trade debtors
4,652
-
Other debtors
18,996
15,946
15,946
23,648
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
16,914
810
Taxation and social security
11,956
15,127
Other creditors
336
3,186
29,206
19,123
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
11,083
16,677
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6
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