ACCOUNTS - Final Accounts preparation

Registered number: 10225162

AUTUMN PROPERTY LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

AUTUMN PROPERTY LTD

REGISTERED NUMBER: 10225162

STATEMENT OF FINANCIAL POSITION

AS AT 31 OCTOBER 2024

		2024		2023
Note		£		£

Fixed assets
Tangible assets	4		218		386
			218		386
Current assets
Debtors: amounts falling due within one year	5	4,199		19,599
Cash at bank and in hand	6	10,466		103,571
		14,665		123,170
Creditors: amounts falling due within one year	7	(9,673)		(105,989)
Net current assets			4,992		17,181
Total assets less current liabilities			5,210		17,567
Creditors: amounts falling due after more than one year	8		(10,688)		(17,439)

Net (liabilities)/assets			(5,478)		128

Capital and reserves
Called up share capital	100	100
Profit and loss account	(5,578)	28
	(5,478)	128

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AUTUMN PROPERTY LTD

REGISTERED NUMBER: 10225162

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 OCTOBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 October 2025.

R J Angel

Director

The notes on pages 3 to 6 form part of these financial statements.

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AUTUMN PROPERTY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

1.	General information

Autumn Property Limited is a private company limited by shares and incorporated in England & Wales (registered number 10225162. The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

Iin assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

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AUTUMN PROPERTY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery

25%

Straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

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AUTUMN PROPERTY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

4.	Tangible fixed assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost or valuation
At 1 November 2023	1,041	33,372	34,413
At 31 October 2024	1,041	33,372	34,413
Depreciation
At 1 November 2023	655	33,372	34,027
Charge for the year on owned assets	168	-	168
At 31 October 2024	823	33,372	34,195
Net book value
At 31 October 2024	218	-	218
At 31 October 2023	386	-	386

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AUTUMN PROPERTY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

Debtors

					2024	2023
					£	£


Other debtors	4,199	19,599
	4,199	19,599

6.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	10,466	103,571
	10,466	103,571

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	1,641	50
Corporation tax	-	5,682
Other taxation and social security	2,533	-
Other creditors	-	96,001
Accruals and deferred income	5,499	4,256
	9,673	105,989

8.	Creditors: Amounts falling due after more than one year
		2024	2023
		£	£

Bank loans	10,688	17,439
	10,688	17,439

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