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Company Registration No. 14560166 (England and Wales)
The Philip Property Ltd Unaudited accounts for the year ended 31 December 2024
The Philip Property Ltd Statement of Financial Position as at 31 December 2024
2024
2023
£
£
Fixed assets
414,676
411,707
Current assets
8,203
8,292
Creditors: amounts falling due within one year
(204,985)
(204,393)
Net current liabilities
(196,782)
(196,101)
Total assets less current liabilities
217,894
215,606
Creditors: amounts falling due after more than one year
(223,075)
(223,102)
Net liabilities
(5,181)
(7,496)
Capital and reserves
(5,181)
(7,496)
NOTES TO THE ACCOUNTS
1 Statutory information
The Philip Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 14560166. The registered office is 43 Horsefair Street, Charlton Kings, Cheltenham, Gloucestershire, GL53 8JU, England.
2 Guarantees and other financial commitments
Creditors: amounts falling due after more than one year of £223,075 (2023 £223,102) are a bank loan secured on the company's investment property.
3 Average number of employees
During the year the average number of employees was 1 (2023: 1).
For the year ending 31 December 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 14 September 2025
Philip Thomas Director Company Registration No. 14560166
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