Registered number
09241074
First London Property Ltd
Unaudited Filleted Accounts and Notes
For the year ended
30 September 2024
First London Property Ltd
Registered number: 09241074
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 760 -
Investments 4 100 100
860 100
Current assets
Debtors 5 511,692 663,939
Cash at bank and in hand 19,248 115,953
530,940 779,892
Creditors: amounts falling due within one year 6 (264,481) (423,734)
Net current assets 266,459 356,158
Total assets less current liabilities 267,319 356,258
Creditors: amounts falling due after more than one year 7 (17,893) (35,903)
Net assets 249,426 320,355
Capital and reserves
Called up share capital 100 100
Profit and loss account 249,326 320,255
Shareholders' funds 249,426 320,355
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Irina Gamagina
Director
Approved by the board on 10 July 2025
First London Property Ltd
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023 5,430
Additions 1,013
At 30 September 2024 6,443
Depreciation
At 1 October 2023 5,430
Charge for the year 253
At 30 September 2024 5,683
Net book value
At 30 September 2024 760
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 October 2023 100
At 30 September 2024 100
5 Debtors 2024 2023
£ £
Trade debtors - 155,400
Amounts owed by group undertakings and undertakings in which the company has a participating interest 506,999 506,599
Other debtors 4,693 1,940
511,692 663,939
Amounts due after more than one year included above 506,599 506,599
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 17,334 23,507
Taxation and social security costs 90,754 111,261
Other creditors 156,393 288,966
264,481 423,734
7 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 17,893 35,903
8 Other information
First London Property Ltd is a private company limited by shares and incorporated in England. Its registered office is:
4 Laurel Park
Harrow
HA3 6AU
First London Property Ltd 09241074 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts April 2025 Irina Gamagina No description of principal activity 09241074 2022-10-01 2023-09-30 09241074 core:WithinOneYear 2023-09-30 09241074 core:AfterOneYear 2023-09-30 09241074 core:ShareCapital 2023-09-30 09241074 core:RetainedEarningsAccumulatedLosses 2023-09-30 09241074 2023-10-01 2024-09-30 09241074 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09241074 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09241074 bus:Director40 2023-10-01 2024-09-30 09241074 core:PlantMachinery 2023-10-01 2024-09-30 09241074 countries:England 2023-10-01 2024-09-30 09241074 bus:FRS102 2023-10-01 2024-09-30 09241074 bus:FilletedAccounts 2023-10-01 2024-09-30 09241074 2024-09-30 09241074 core:WithinOneYear 2024-09-30 09241074 core:AfterOneYear 2024-09-30 09241074 core:ShareCapital 2024-09-30 09241074 core:RetainedEarningsAccumulatedLosses 2024-09-30 09241074 core:PlantMachinery 2024-09-30 09241074 2023-09-30 09241074 core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure