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REGISTERED NUMBER: 01759664 (England and Wales)






Unaudited Financial Statements

for the Year Ended 28th September 2024

for

FITT PROPERTIES LIMITED

FITT PROPERTIES LIMITED (REGISTERED NUMBER: 01759664)






Contents of the Financial Statements
for the Year Ended 28th September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FITT PROPERTIES LIMITED

Company Information
for the Year Ended 28th September 2024







Director: T J Hutton





Registered office: 1 Kille House
Chinnor Road
Thame
Oxfordshire
OX9 3NU





Registered number: 01759664 (England and Wales)





Accountants: S G Beale and Co
Chartered Accountants
1 Kille House
Chinnor Road
Thame
Oxfordshire
OX9 3NU

FITT PROPERTIES LIMITED (REGISTERED NUMBER: 01759664)

Balance Sheet
28th September 2024

2023 2024
£    £    Notes £   
FIXED ASSETS
3,020,000 Investment property 4 3,020,000

CURRENT ASSETS
2,008 Debtors 5 4,860
160,035 Cash at bank 36,019
162,043 40,879
CREDITORS
229,470 Amounts falling due within one year 6 64,255
(67,427 ) NET CURRENT LIABILITIES (23,376 )

2,952,573
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,996,624

CREDITORS

2,500,000
Amounts falling due after more than one
year

7

2,450,000
452,573 NET ASSETS 546,624

CAPITAL AND RESERVES
1,000 Called up share capital 1,000
451,573 Retained earnings 545,624
452,573 546,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

FITT PROPERTIES LIMITED (REGISTERED NUMBER: 01759664)

Balance Sheet - continued
28th September 2024


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 25th June 2025 and were signed by:





T J Hutton - Director


FITT PROPERTIES LIMITED (REGISTERED NUMBER: 01759664)

Notes to the Financial Statements
for the Year Ended 28th September 2024

1. STATUTORY INFORMATION

FITT Properties Limited 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.

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.

Turnover
Turnover represents gross rents received

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
Fair value
At 29th September 2023
and 28th September 2024 3,020,000
Net book value
At 28th September 2024 3,020,000
At 28th September 2023 3,020,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,860 2,008

FITT PROPERTIES LIMITED (REGISTERED NUMBER: 01759664)

Notes to the Financial Statements - continued
for the Year Ended 28th September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 30,750 22,839
Other creditors 33,505 206,631
64,255 229,470

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 2,450,000 2,500,000