1 January 2024 false No description of principal activity Taxfiler 2024.6 09342907business:PrivateLimitedCompanyLtd2024-01-012024-12-31 093429072023-12-31 093429072024-01-012024-12-31 09342907business:AuditExemptWithAccountantsReport2024-01-012024-12-31 09342907business:FilletedAccounts2024-01-012024-12-31 093429072024-12-31 09342907business:Director12024-01-012024-12-31 09342907business:Director22024-01-012024-12-31 09342907business:Director32024-01-012024-12-31 09342907business:RegisteredOffice2024-01-012024-12-31 093429072023-12-31 09342907core:WithinOneYear2024-12-31 09342907core:WithinOneYear2023-12-31 09342907core:AfterOneYear2024-12-31 09342907core:AfterOneYear2023-12-31 09342907core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 09342907core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 09342907core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 09342907core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 09342907core:PreviouslyStatedAmount2024-12-31 09342907core:PreviouslyStatedAmount2023-12-31 09342907business:SmallEntities2024-01-012024-12-31 09342907countries:EnglandWales2024-01-012024-12-31 09342907core:LandBuildings2024-01-012024-12-31 09342907core:LandBuildings2023-12-31 09342907core:LandBuildings2024-12-31 09342907business:OrdinaryShareClass12024-01-012024-12-31 09342907business:OrdinaryShareClass12023-01-012023-12-31 093429072023-01-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09342907 (England and Wales)
694 Properties Limited Unaudited accounts for the year ended 31 December 2024
694 Properties Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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694 Properties Limited Company Information for the year ended 31 December 2024
Directors
Richard Malcolm Walker Caroline Ruth Gooding Alexia Jane Gharagozlou
Company Number
09342907 (England and Wales)
Registered Office
A&L Suite 1-3 The Hop Exchange 24 Southwark Street London SE1 1TY
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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694 Properties Limited Accountants' report
Accountants' report to the board of directors of 694 Properties Limited on the preparation of the unaudited statutory accounts for the 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 accounts of 694 Properties Limited for the year ended 31 December 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of 694 Properties Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of 694 Properties Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 694 Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 694 Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of 694 Properties Limited. You consider that 694 Properties 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 accounts of 694 Properties 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 accounts.
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY 15 September 2025
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694 Properties Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,416,669 
1,490,365 
Current assets
Debtors
5
30,252 
31,372 
Cash at bank and in hand
36,013 
34,932 
66,265 
66,304 
Creditors: amounts falling due within one year
6
(81,456)
(79,656)
Net current liabilities
(15,191)
(13,352)
Total assets less current liabilities
1,401,478 
1,477,013 
Creditors: amounts falling due after more than one year
7
(1,388,397)
(1,455,858)
Net assets
13,081 
21,155 
Capital and reserves
Called up share capital
8
3 
3 
Profit and loss account
13,078 
21,152 
Shareholders' funds
13,081 
21,155 
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 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 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 of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by
Richard Malcolm Walker Director Company Registration No. 09342907
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694 Properties Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
694 Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 09342907. The registered office is A&L Suite 1-3 The Hop Exchange, 24 Southwark Street, London, SE1 1TY.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of amounts invoiced in relation to the rental income during the period, when it falls due per the rental agreement.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5% straight line on buildings
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
2,001,636 
At 31 December 2024
2,001,636 
Depreciation
At 1 January 2024
511,271 
Charge for the year
73,696 
At 31 December 2024
584,967 
Net book value
At 31 December 2024
1,416,669 
At 31 December 2023
1,490,365 
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694 Properties Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
867 
1,693 
Accrued income and prepayments
482 
470 
Other debtors
28,903 
29,209 
30,252 
31,372 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
55,000 
55,829 
Trade creditors
899 
- 
Taxes and social security
25,557 
23,827 
81,456 
79,656 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
629,397 
696,858 
Loans from directors
759,000 
759,000 
1,388,397 
1,455,858 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
9
Transactions with related parties
Amounts due to: Richard Malcolm Walker - director and 33.3% shareholder £253,000 (2023: £253,000) Caroline Ruth Gooding - director and 33.3% shareholder £253,000 (2023: £253,000) Alexia Jane Gharagozlou - director and 33.3% shareholder £253,000 (2023: £253,000)
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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