REGISTERED NUMBER: 15120194 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Franni Properties Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

169,065

161,500

CURRENT ASSETS

Debtors

5

477

451

Cash at bank

18,267

22,956

18,744

23,407

CREDITORS

Amounts falling due within one year

6

90,686

90,686

NET CURRENT LIABILITIES

(71,942

)

(67,279

)

TOTAL ASSETS LESS CURRENT LIABILITIES

97,123

94,221

CREDITORS

Amounts falling due after more than one year

7

105,000

105,000

NET LIABILITIES

(7,877

)

(10,779

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

9,903

4,138

Retained earnings

(17,880

)

(15,017

)

SHAREHOLDERS' FUNDS

(7,877

)

(10,779

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 May 2026 and were signed on its behalf by:

Mrs Frida Susanne Nilsson - Director

1.	STATUTORY INFORMATION

Franni Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15120194

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

The company has net liabilities of £7,877. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 2 ).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

161,500

Additions

1,800

Revaluations

5,765

At 30 September 2025

169,065

NET BOOK VALUE

At 30 September 2025

169,065

At 30 September 2024

161,500

Investment property situated at 6 Palm Terrace, Tantobie, Stanley DH9 9PS is under a charge from Together Commercial Finance Limited. The charge was created on 27 September 2024.

Investment property situated at 12 Lesbury Street, Newcastle Upon Tyne NE15 8DN is under a charge from Together Commercial Finance Limited. The charge was created on 26 September 2024.

Fair value at 30 September 2025 is represented by:

£

Valuation in 2024

4,138

Valuation in 2025

5,764

Cost

159,163

169,065

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other debtors

477

451

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other creditors

90,686

90,686

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

105,000

105,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

105,000

105,000

8.	SECURED DEBTS

The loan amounting to £46,500 is secured by the way of charge on the property situated at 6 Palm Terrace, Tantobie, Stanley DH9 9PS (disclosed as investment property). The charge was created in the name of Together Commercial Finance Limited on 27 September 2024.

The loan amounting to £58,500 is secured by the way of charge on the property situated at 12 Lesbury Street, Newcastle Upon Tyne NE15 8DN (disclosed as investment property). The charge was created in the name of Together Commercial Finance Limited on 26 September 2024.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

value

reserve

£

At 1 October 2024

4,138

Transfer to/from reserves

5,765

At 30 September 2025

9,903

11.	RELATED PARTY DISCLOSURES

The company owes £45,343 to its director, Mr Erik Andreas Nilsson who is also a 50% shareholder of the company as at accounting year end date.

The company owes £45,343 to its director, Mrs Frida Susanne Nilsson who is also a 50% shareholder of the company as at accounting year end date.