Company Registration No. 11739486 (England and Wales)
Free Property Agent Limited
Unaudited accounts
for the year ended 31 October 2024
Free Property Agent Limited
Unaudited accounts
Contents
Free Property Agent Limited
Company Information
for the year ended 31 October 2024
Director
Rajiv Kumar Singh
Company Number
11739486 (England and Wales)
Registered Office
10 Daventer Drive,
Stanmore,
London
England
HA7 3LJ
England
Accountants
CoreAdviz Digital Finance Ltd
10 Daventer Drive
Stanmore
HA7 3TJ
Free Property Agent Limited
Statement of financial position
as at 31 October 2024
Intangible assets
35,419
35,419
Cash at bank and in hand
1,531
565
Creditors: amounts falling due within one year
(36,288)
(40,086)
Net current liabilities
(33,966)
(38,862)
Total assets less current liabilities
1,453
(3,443)
Creditors: amounts falling due after more than one year
(182,114)
(154,203)
Net liabilities
(180,661)
(157,646)
Called up share capital
32,351
32,351
Profit and loss account
(213,012)
(189,997)
Shareholders' funds
(180,661)
(157,646)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 31 October 2025 and were signed on its behalf by
Rajiv Kumar Singh
Director
Company Registration No. 11739486
Free Property Agent Limited
Notes to the Accounts
for the year ended 31 October 2024
Free Property Agent Limited is a private company, limited by shares, registered in England and Wales, registration number 11739486. The registered office is 10 Daventer Drive, , Stanmore,, London, England, HA7 3LJ, England.
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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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
Other Intangible value is cost towards unpaid worked hours incurred during development phase of system infrastructure, software - knowHow built by founders. Since system infrastructure is in development stage of startup development and hence amortisation / impairment has not been calculated this year.
Amounts falling due within one year
Free Property Agent Limited
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
36,113
39,318
Taxes and social security
34
27
Loans from directors
141
741
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
175,124
143,308
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).