Company Registration No. 13803632 (England and Wales)
Four Eyes Properties Limited
Unaudited accounts
for the year ended 31 December 2024
Four Eyes Properties Limited
Unaudited accounts
Contents
Four Eyes Properties Limited
Company Information
for the year ended 31 December 2024
Directors
Mr A Dickinson
Mrs J Dickinson
Company Number
13803632 (England and Wales)
Registered Office
16A CALVERLEY ROAD
OULTON
LEEDS
LS26 8JQ
ENGLAND
Four Eyes Properties Limited
Statement of financial position
as at 31 December 2024
Tangible assets
2,080
3,394
Investment property
220,000
220,000
Cash at bank and in hand
2,912
71,342
Creditors: amounts falling due within one year
(4,003)
(1,953)
Net current (liabilities)/assets
(1,091)
69,389
Total assets less current liabilities
220,989
292,783
Creditors: amounts falling due after more than one year
(230,636)
(302,797)
Provisions for liabilities
Deferred tax
(2,244)
(2,494)
Net liabilities
(11,891)
(12,508)
Called up share capital
100
100
Fair value reserve
7,882
7,882
Profit and loss account
(19,873)
(20,490)
Shareholders' funds
(11,891)
(12,508)
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 29 September 2025 and were signed on its behalf by
Mr A Dickinson
Director
Company Registration No. 13803632
Four Eyes Properties Limited
Notes to the Accounts
for the year ended 31 December 2024
Four Eyes Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 13803632. The registered office is 16A CALVERLEY ROAD, OULTON, LEEDS, LS26 8JQ, 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.
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.
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.
Other operating income is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Other operating income from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Four Eyes Properties Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 January 2024
220,000
At 31 December 2024
220,000
The directors believe the value of the property is at fair value having reviewed the property valuations during the year.
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
393
1,143
Directors loan accounts remain repayable in demand.
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
145,350
145,350
Amounts owed to group undertakings and other participating interests
85,286
157,447
Included within creditors over one year is a mortgage to Keystone Property Finance Limited secured against 3 Jubilee Place, Pontefract Road, Castleford, WF10 4JD.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Four Eyes Properties Limited
Notes to the Accounts
for the year ended 31 December 2024
9
Transactions with related parties
During the year the inter company loan from 5 Towns Holdings Limited a company owned by the director Mr A Dickinson has been reduced by £72,161 (2023 - £37,552).
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).