PTP Accounts Production v25.1.3.33 04713868 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047138682023-07-31047138682024-07-31047138682023-08-012024-07-31047138682022-07-31047138682022-08-012023-07-31047138682023-07-3104713868ns15:EnglandWales2023-08-012024-07-3104713868ns14:PoundSterling2023-08-012024-07-3104713868ns10:Director12023-08-012024-07-3104713868ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3104713868ns10:SmallEntities2023-08-012024-07-3104713868ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3104713868ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3104713868ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3104713868ns10:FullAccounts2023-08-012024-07-3104713868ns10:Director22023-08-012024-07-3104713868ns10:Director32023-08-012024-07-3104713868ns10:Director42023-08-012024-07-3104713868ns10:CompanySecretary12023-08-012024-07-3104713868ns10:RegisteredOffice2023-08-012024-07-3104713868ns5:CurrentFinancialInstruments2024-07-3104713868ns5:CurrentFinancialInstruments2023-07-3104713868ns5:ShareCapital2024-07-3104713868ns5:ShareCapital2023-07-3104713868ns5:FurtherSpecificReserve2ComponentTotalEquity2024-07-3104713868ns5:FurtherSpecificReserve2ComponentTotalEquity2023-07-3104713868ns5:RetainedEarningsAccumulatedLosses2024-07-3104713868ns5:RetainedEarningsAccumulatedLosses2023-07-3104713868ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3104713868ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 04713868 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

F.R. Properties Limited

F.R. Properties Limited (Registered number: 04713868)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


F.R. Properties Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mrs. E. Hoffman
Mrs. M. Feingold
Mrs. A. Gefilhaus
Mrs. N. Brenig





SECRETARY:





REGISTERED OFFICE: 4 Quex Road
London
NW6 4PJ





REGISTERED NUMBER: 04713868 (England and Wales)





ACCOUNTANTS: Purcells, Chartered Accountants
4 Quex Road
London
NW6 4PJ

F.R. Properties Limited (Registered number: 04713868)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £   
CURRENT ASSETS
Debtors 3 7,452,429 7,452,429
Cash at bank 37,078 36,807
7,489,507 7,489,236
CREDITORS
Amounts falling due within one year 4 36,684 35,607
NET CURRENT ASSETS 7,452,823 7,453,629
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,452,823

7,453,629

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Reserve upon property sale 5 7,939,471 7,939,471
Retained earnings 5 (487,648 ) (486,842 )
7,452,823 7,453,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





Mrs. M. Feingold - Director


F.R. Properties Limited (Registered number: 04713868)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A " Small Entities" 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 cost convention as modified by the revaluation of fixed assets.

Taxation
Taxation for the year comprises current and deferred tax, where applicable. 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Related company loans
- R. & J. (Diamonds) Limited 3,258,677 3,258,677
-Majesta Estates Limited 706,588 706,588
-Richlex Limited 1,162,388 1,162,388
-Bridgeline Developments Ltd 1,162,388 1,162,388
-Manorchart Limited 1,162,388 1,162,388
7,452,429 7,452,429

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Related company loan
-Outerfield Limited 33,525 33,525
Directors' loan account (6,064 ) (6,168 )
Other creditors & accruals 9,223 8,250
36,684 35,607

F.R. Properties Limited (Registered number: 04713868)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. RESERVES

Retained earnings:31.7.2431.7.23
£ £
Balance at 1 August 2023/ 1 August 2022(486,482)(474,223)
(806)(12,619)

Balance at 31 July 2024/ 31 July 2023(487,648)(486,842)

Reserve upon property sale:

Balance at 1 August 2023/ 1 August 20227,939,4717,939,471
Movement in the year - -

Balance at 31 July 2024/ 31 July 2023 7,939,471 7,939,471

6. RELATED COMPANIES

The company is related to Majesta Estates Limited, Richlex Limited, Bridgeline Developments Limited and Manorchart Limited owing to a common director.

The company is related to R. & J. (Diamonds) Limited and Outerfield Limited owing to common directors.

Inter company loan account balances with the above companies are shown in notes 4 and 5 above.