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Registered number: 09074234
FLORA PROPERTY LTD
Unaudited Financial Statements
For The Year Ended 31 May 2026
Peter Upton
Peter Upton Limited
Bridge House, 2 Bridge Avenue
Maidenhead
SL6 1RR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09074234
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 363,082 363,853
363,082 363,853
CURRENT ASSETS
Cash at bank and in hand 671 1,400
671 1,400
Creditors: Amounts Falling Due Within One Year 5 (178,712 ) (167,943 )
NET CURRENT ASSETS (LIABILITIES) (178,041 ) (166,543 )
TOTAL ASSETS LESS CURRENT LIABILITIES 185,041 197,310
Creditors: Amounts Falling Due After More Than One Year 6 (250,000 ) (256,000 )
NET LIABILITIES (64,959 ) (58,690 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (65,059 ) (58,790 )
SHAREHOLDERS' FUNDS (64,959) (58,690)
Page 1
Page 2
For the year ending 31 May 2026 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gholam Asjadi
Director
09/07/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
FLORA PROPERTY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09074234 . The registered office is 69 Collingwood Crescent, Guildford, Surrey, GU1 2NU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 10% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 1)
2 1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2025 355,076 16,456 2,435 373,967
Additions - 991 166 1,157
As at 31 May 2026 355,076 17,447 2,601 375,124
Depreciation
As at 1 June 2025 - 7,679 2,435 10,114
Provided during the period - 1,887 41 1,928
As at 31 May 2026 - 9,566 2,476 12,042
...CONTINUED
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Page 4
Net Book Value
As at 31 May 2026 355,076 7,881 125 363,082
As at 1 June 2025 355,076 8,777 - 363,853
5. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts 6,000 6,000
Other creditors 130 343
Accruals and deferred income 1,140 1,140
Directors' loan accounts 171,442 160,460
178,712 167,943
6. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 16,000 22,000
Other loans 234,000 234,000
250,000 256,000
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
8. Reserves
Profit and Loss Account
£
As at 1 June 2025 (58,790 )
Loss for the year and total comprehensive income (6,269 )
As at 31 May 2026 (65,059 )
9. Related Party Transactions
The £234,000 loan has been made by R Asjadi, brother of the director GH Asjadi.  It is payable with one year's notice.
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