FOREIGN PROPERTY EXPERTS LIMITED


Director	NKEKEH, Richard


Registered Address	1 Leicester Road
	Melton Mowbray
	Leicester
	LE13 0DB


Registered Number	12015103 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Debtors	3,4	51,900		51,900
		51,900		51,900
Creditors amounts falling due within one year	5	(813)		(663)
Net current assets (liabilities)			51,087		51,237
Total assets less current liabilities			51,087		51,237
Creditors amounts falling due after one year	6		(49,250)		(49,250)
Net assets			1,837		1,987
Capital and reserves
Called up share capital			100		100
Share premium			2,507		2,507
Profit and loss account			(770)		(620)
Shareholders' funds			1,837		1,987

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 18 May 2026, and are signed on its behalf by:

NKEKEH, Richard
Director
Registered Company No. 12015103

FOREIGN PROPERTY EXPERTS LIMITED

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	1,900	1,900
Total	1,900	1,900

4.	Debtors: amounts due after one year

	2025	2024
	£	£
Other debtors	50,000	50,000
Total	50,000	50,000

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	263	263
Accrued liabilities and deferred income	550	400
Total	813	663

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	49,250	49,250
Total	49,250	49,250