Company Registration No. 11524200 (England and Wales)
FINMERE PROPERTIES LTD
Unaudited accounts
for the year ended 31 December 2024
FINMERE PROPERTIES LTD
Statement of financial position
as at 31 December 2024
Tangible assets
264,514
264,514
Cash at bank and in hand
20,293
7,716
Creditors: amounts falling due within one year
(5,806)
(6,206)
Net current assets
47,687
34,710
Total assets less current liabilities
312,201
299,224
Creditors: amounts falling due after more than one year
(327,909)
(298,690)
Net (liabilities)/assets
(15,708)
534
Called up share capital
2
2
Profit and loss account
(15,710)
532
Shareholders' funds
(15,708)
534
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 30 September 2025 and were signed on its behalf by
Shahnez Feroza Miah BHARWANI
Director
Company Registration No. 11524200
FINMERE PROPERTIES LTD
Notes to the Accounts
for the year ended 31 December 2024
FINMERE PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11524200. The registered office is 64 BOOTHS FARM ROAD, BIRMINGHAM, B42 2NP, 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.
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Tangible fixed assets
Land & buildings
At 31 December 2024
264,514
At 31 December 2024
264,514
At 31 December 2023
264,514
Amounts falling due within one year
Amounts due from group undertakings etc.
25,000
25,000
FINMERE PROPERTIES LTD
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
5,081
5,081
Taxes and social security
125
125
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
327,909
298,690
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).