Company Registration No. 04442909 (England and Wales)
Locate Properties Limited
Unaudited accounts
for the year ended 30 June 2025
Locate Properties Limited
Unaudited accounts
Contents
Locate Properties Limited
Company Information
for the year ended 30 June 2025
Company Number
04442909 (England and Wales)
Registered Office
814 GARRATT LANE
LONDON
SW17 0LZ
ENGLAND
Accountants
Craven Professional Solutions
126 Monkswell House
Manse Lane
Knaresborough
North Yorkshire
HG5 8NQ
Locate Properties Limited
Statement of financial position
as at 30 June 2025
Tangible assets
68,807
75,629
Investments
160,000
160,000
Cash at bank and in hand
18,860
18,757
Creditors: amounts falling due within one year
(217,411)
(290,379)
Net current assets/(liabilities)
104,667
(1,067)
Total assets less current liabilities
333,475
234,563
Creditors: amounts falling due after more than one year
(140,309)
(79,172)
Net assets
193,166
155,391
Called up share capital
100
100
Profit and loss account
193,066
155,291
Shareholders' funds
193,166
155,391
For the year ending 30 June 2025 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 22 July 2025 and were signed on its behalf by
Shanullah Mir
Director
Company Registration No. 04442909
Locate Properties Limited
Notes to the Accounts
for the year ended 30 June 2025
Locate Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 04442909. The registered office is 814 GARRATT LANE, LONDON, SW17 0LZ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
20% reducing balance
Motor vehicles
10% reducing balance from month of purchase
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Locate Properties Limited
Notes to the Accounts
for the year ended 30 June 2025
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
54,913
63,332
162,631
280,876
At 30 June 2025
54,913
64,585
162,631
282,129
At 1 July 2024
54,912
60,722
89,613
205,247
Charge for the year
-
773
7,302
8,075
At 30 June 2025
54,912
61,495
96,915
213,322
At 30 June 2025
1
3,090
65,716
68,807
At 30 June 2024
1
2,610
73,018
75,629
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Investments
Other investments
Valuation at 1 July 2024
160,000
Valuation at 30 June 2025
160,000
Amounts falling due within one year
Trade debtors
215,042
105,156
Other debtors
88,176
165,399
Locate Properties Limited
Notes to the Accounts
for the year ended 30 June 2025
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
73,680
88,884
Obligations under finance leases and hire purchase contracts
6,794
14,438
Trade creditors
9,668
17,051
Taxes and social security
96,957
99,138
Other creditors
14,047
6,901
Loans from directors
1,241
44,475
9
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
23,020
37,458
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
11
Transactions with related parties
As at 30 June 2025 £87,912 (2024 £113,312) was owed to the Company by AKs Property Rentals Limited, a Company wholly owned by Mr S Mir
12
Average number of employees
During the year the average number of employees was 3 (2024: 3).