FLEXI PROPERTY INVESTMENTS LIMITED


Directors	MARUFU, Fortunate
	MARUFU, Loreen Rosemary Chiyedza


Registered Address	34 Waterloo Road
	Wolverhampton
	WV1 4DG


Place of Business	16 Lamona Close
	Horeston Grange
	Nuneaton
	CV11 6FS


Registered Number	11493866 (England and Wales)

Statement of Financial Position
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Investment property	3		243,000		243,000
			243,000		243,000
Current assets
Cash at bank and on hand		180		1,977
		180		1,977
Creditors amounts falling due within one year	4	(74,674)		(81,844)
Net current assets (liabilities)			(74,494)		(79,867)
Total assets less current liabilities			168,506		163,133
Creditors amounts falling due after one year	5		(143,502)		(143,502)
Provisions for liabilities	6		(6,600)		(6,600)
Net assets			18,404		13,031
Capital and reserves
Called up share capital			100		100
Revaluation reserve			28,251		28,251
Profit and loss account			(9,947)		(15,320)
Shareholders' funds	7		18,404		13,031

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their 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 provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 16 September 2025, and are signed on its behalf by:

MARUFU, Fortunate
Director
Registered Company No. 11493866

FLEXI PROPERTY INVESTMENTS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

	Current taxation
	Taxation for the year comprises current and deferred tax. 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 statement of financial position date.

Current taxation

Taxation for the year comprises current and deferred tax. 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 statement of financial position date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

	Investment property
	Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Investment property
	Following a market appraisal the Director has considered the fair value at the reporting date of the investment properties and they have been valued on the following basis: The estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arms length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion.

Investment property

Following a market appraisal the Director has considered the fair value at the reporting date of the investment properties and they have been valued on the following basis: The estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arms length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion.


		£
	Fair value at 01 January 24	243,000
	At 31 December 24	243,000

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	1,574	1,574
Bank borrowings and overdrafts	4,744	4,744
Amounts owed to related parties	61,967	60,335
Other creditors	6,389	15,191
Total	74,674	81,844

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	143,502	143,502
Total	143,502	143,502

6.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	6,600	6,600
Total	6,600	6,600

7.	Fair value reserve
	Fair value revaluation reserve includes a deferred tax provision of £6,600