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Company Registration No. 12552588 (England and Wales)
FREE LAND PROPERTY LTD Unaudited accounts for the year ended 30 April 2024
FREE LAND PROPERTY LTD Unaudited accounts Contents
Page
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FREE LAND PROPERTY LTD Company Information for the year ended 30 April 2024
Director
Mr. Kamran Hussain
Company Number
12552588 (England and Wales)
Registered Office
Skyline Central 2 10-12 Rochdale Road Manchester United Kingdom PR1 8UQ United Kingdom
Accountants
CLEARCUT ACCOUNTING LIMITED SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENT 300 PRINCESS ROAD MANCHESTER M14 7HR
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FREE LAND PROPERTY LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
196,486 
54,317 
Cash at bank and in hand
129,537 
407,631 
326,023 
461,948 
Creditors: amounts falling due within one year
(220,245)
(436,392)
Net current assets
105,778 
25,556 
Net assets
105,778 
25,556 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
105,777 
25,555 
Shareholders' funds
105,778 
25,556 
For the year ending 30 April 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 his 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 17 April 2025 and were signed on its behalf by
Mr. Kamran Hussain Director Company Registration No. 12552588
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FREE LAND PROPERTY LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
FREE LAND PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 12552588. The registered office is Skyline Central 2, 10-12, Rochdale Road, Manchester, United Kingdom, PR1 8UQ, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
34,683 
9,388 
Trade debtors
9,000 
9,000 
Amounts due from group undertakings etc.
90,720 
- 
Other debtors
62,083 
35,929 
196,486 
54,317 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
113,625 
309,829 
Taxes and social security
28,285 
1,422 
Other creditors
1,304 
79,744 
Loans from directors
7,724 
- 
Accruals
3,850 
4,640 
Deferred income
65,457 
40,757 
220,245 
436,392 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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