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Company registration number:
12107102
Firecracker Property Holdings Limited
Unaudited Filleted Financial Statements for the year ended
31 December 2024
Proud Goulbourn Accountants Limited
Office 16, Hamilton Davies House, 117c Liverpool Road, Cadishead, Manchester, M44 5BG, United Kingdom
Firecracker Property Holdings Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Firecracker Property Holdings Limited
Year ended
31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
Firecracker Property Holdings Limited
for the year ended
31 December 2024
which comprise the statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Firecracker Property Holdings Limited
, as a body. Our work has been undertaken solely to prepare for your approval the
financial statements
of
Firecracker Property Holdings Limited
and state those matters that we have agreed to state to the Board of Directors of
Firecracker Property Holdings Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Firecracker Property Holdings Limited
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
Firecracker Property Holdings Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Firecracker Property Holdings Limited
. You consider that
Firecracker Property Holdings Limited
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Firecracker Property Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Proud Goulbourn Accountants Limited
Office 16, Hamilton Davies House
117c Liverpool Road
Cadishead
Manchester
M44 5BG
United Kingdom
Date:
29 September 2025
Firecracker Property Holdings Limited
Statement of Financial Position
31 December 2024
20242023
Note££
Fixed assets    
Investments 5
200
 
200
 
Current assets    
Debtors 6
100
 
100
 
Net current assets
100
 
100
 
Total assets less current liabilities 300   300  
Capital and reserves    
Called up share capital
300
 
300
 
Profit and loss account -   -  
Shareholders funds
300
 
300
 
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.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
These
financial statements
were approved by the board of directors and authorised for issue on
29 September 2025
, and are signed on behalf of the board by:
Mr M Musson
Director
Company registration number:
12107102
Firecracker Property Holdings Limited
Notes to the Financial Statements
Year ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Office 16, Hamilton Davies House
,
117c Liverpool Road
,
Cadishead
,
Manchester
,
M44 5BG
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
2.00
).

5 Investments

Shares in group undertakings and participating interests
£
Cost  
At
1 January 2024
200
 
At
31 December 2024
200
 
Impairment  
At
1 January 2024
and
31 December 2024
 -  
Carrying amount  
At
31 December 2024
200
 
At 31 December 2023
200
 

6 Debtors

20242023
££
Other debtors
100
 
100