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Company Registration No. 12327878 (England and Wales)
FAP PROPERTIES LIMITED Unaudited accounts for the year ended 30 November 2024
FAP PROPERTIES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FAP PROPERTIES LIMITED Company Information for the year ended 30 November 2024
Director
Mr Fayaz PATEL
Company Number
12327878 (England and Wales)
Registered Office
75 RIBBLETON AVENUE PRESTON LANCASHIRE PR1 5RX UNITED KINGDOM
Accountants
Zakirhusen Member MAAT Bluewater Accountants Ltd 210 New Hall Lane Preston Lancashire PR1 4SS
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FAP PROPERTIES LIMITED Statement of financial position as at 30 November 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
340,149
340,199
Current assets
Debtors
5
15,000
-
Cash at bank and in hand
5,884
18,828
20,884
18,828
Creditors: amounts falling due within one year
6
(4,167)
(4,206)
Net current assets
16,717
14,622
Total assets less current liabilities
356,866
354,821
Creditors: amounts falling due after more than one year
7
(340,000)
(340,000)
Net assets
16,866
14,821
Capital and reserves
Share premium
100
100
Profit and loss account
16,766
14,721
Shareholders' funds
16,866
14,821
For the year ending 30 November 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 18 November 2025 and were signed on its behalf by
Mr Fayaz PATEL Director Company Registration No. 12327878
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FAP PROPERTIES LIMITED Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
FAP PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12327878. The registered office is 75 RIBBLETON AVENUE, PRESTON, LANCASHIRE, PR1 5RX, UNITED KINGDOM.
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.
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
25% RB
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 December 2023
340,000
274
340,274
At 30 November 2024
340,000
274
340,274
Depreciation
At 1 December 2023
-
75
75
Charge for the year
-
50
50
At 30 November 2024
-
125
125
Net book value
At 30 November 2024
340,000
149
340,149
At 30 November 2023
340,000
199
340,199
5
Debtors
2024
2023
£
£
Amounts falling due after more than one year
Other debtors
15,000
-
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FAP PROPERTIES LIMITED Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
915
173
Taxes and social security
674
616
Other creditors
-
1,257
Loans from directors
2,178
1,300
Accruals
400
860
4,167
4,206
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Loans from directors
340,000
340,000
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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