Company registration number:
07669201
IF PROPERTY LIMITED
Unaudited filleted financial statements
30 September 2025
IF PROPERTY LIMITED
Contents
Statement of financial position and notes to the financial statements
IF PROPERTY LIMITED
Statement of financial position
30 September 2025
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2025 |
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2024 |
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£ |
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£ |
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Fixed assets |
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3,145,000 |
|
3,145,000 |
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|
|
_______ |
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_______ |
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Current assets |
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114,157 |
|
131,153 |
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Creditors: amounts falling due within one year |
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|
(
317,396) |
|
(
382,590) |
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_______ |
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_______ |
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Net current liabilities |
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|
(
203,239) |
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(
251,437) |
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_______ |
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_______ |
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Total assets less current liabilities |
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2,941,761 |
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2,893,563 |
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Creditors: amounts falling due after more than one year |
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(
650,000) |
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(
650,000) |
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|
|
|
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Provisions for liabilities |
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(
352,248) |
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(
352,248) |
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Accruals and deferred income |
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(
30,022) |
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(
27,345) |
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_______ |
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_______ |
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Net assets |
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1,909,491 |
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1,863,970 |
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_______ |
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_______ |
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Capital and reserves |
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1,909,491 |
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1,863,970 |
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_______ |
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_______ |
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Notes to the financial statements
IF PROPERTY LIMITED
Year ended 30 September 2025
1.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2025 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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£ |
£ |
£ |
|
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|
M G Ioannou |
(
47,914) |
38,202 |
(
9,712) |
|
|
|
|
D A Freeman |
(
49,209) |
110,255 |
61,046 |
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|
|
|
|
_______ |
_______ |
_______ |
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|
|
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|
(
97,123) |
148,457 |
51,334 |
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_______ |
_______ |
_______ |
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2024 |
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Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
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|
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|
£ |
£ |
£ |
|
|
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|
M G Ioannou |
(
161,348) |
113,434 |
(
47,914) |
|
|
|
|
D A Freeman |
(
294,652) |
245,443 |
(
49,209) |
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|
|
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|
_______ |
_______ |
_______ |
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|
(
456,000) |
358,877 |
(
97,123) |
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_______ |
_______ |
_______ |
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The Loans are interest free and repayable on demand.
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
02 June 2026
, and are signed on behalf of the board by:
M G Ioannou
Director
Company registration number:
07669201
The company is a private company limited by shares, registered in England & Wales.