First Docklands Property Management Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04570158 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

First Docklands Property Management

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R Patel

SECRETARY:

Mr D Patel

REGISTERED OFFICE:

1006 Uxbridge Road

Hayes

Middlesex

UB4 0RL

REGISTERED NUMBER:

04570158 (England and Wales)

ACCOUNTANTS:

Soneji & Co Ltd

20 egerton Close,

Pinner

Middlesex

HA5 2LP

FIXED ASSETS

Tangible assets

4

-

(374

)

Investment property

5

3,229,503

3,229,129

CURRENT ASSETS

Debtors

6

34,520

17,343

Cash at bank

108,162

15,122

142,682

32,465

CREDITORS

Amounts falling due within one year

7

1,254,617

1,079,162

NET CURRENT LIABILITIES

(1,111,935

)

(1,046,697

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,117,568

2,182,432

CREDITORS

Amounts falling due after more than one
year

8

1,826,405

NET ASSETS

291,163

356,027

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

291,162

356,026

SHAREHOLDERS' FUNDS

291,163

356,027

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 31 July 2026 and were signed by:

Mr R Patel - Director

1.	STATUTORY INFORMATION

First Docklands Property Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

50% on cost

Investment properties are included in the balance sheet at their own market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the applicable accounting standard FRS15, accounting for investment properties, it is a departure from the general requirement of the companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 November 2024

and 31 October 2025

15,207

DEPRECIATION

At 1 November 2024

15,581

Charge for year

(374

)

At 31 October 2025

15,207

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

(374

)

The long leasehold properties are mortgaged and the lenders have first charge on it.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

3,229,503

NET BOOK VALUE

At 31 October 2025

3,229,503

At 31 October 2024

3,229,503

The long leasehold properties are mortgaged and the lenders have first charge on it.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Other debtors

34,520

17,343

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade creditors

68,920

37,293

Taxation and social security

1,179

Other creditors

1,184,518

1,040,690

1,254,617

1,079,162

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.10.25

31.10.24

£

Bank loans

1,826,405

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,826,405

9.	RELATED PARTY DISCLOSURES

The company was under the control of Mr R Patel throughout the current year and previous year. Mr R Patel is the managing director and only shareholder.

During the year, NIL dividend (2024: £500) and interest of £5,850 (2024: £5,850) was paid to Mr. R Patel.

No transactions with related parties were undertaken such as required to be disclosed under the Financial Reporting Standard 8.