Future Let Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11881721 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Future Let Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

D Bees

Mrs A Bees

D Seip

REGISTERED OFFICE:

26 Bell Street

Sawbridgeworth

CM21 9AN

REGISTERED NUMBER:

11881721 (England and Wales)

ACCOUNTANTS:

Lawrence & Company

Chartered Certified Accountants

26 Bell Street

Sawbridgeworth

Hertfordshire

CM21 9AN

FIXED ASSETS

Tangible assets

4

8,174,093

7,640,599

CURRENT ASSETS

Cash at bank

193,529

84,430

CREDITORS

Amounts falling due within one year

5

65,963

83,706

NET CURRENT ASSETS

127,566

724

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,301,659

7,641,323

CREDITORS

Amounts falling due after more than one
year

6

5,005,102

4,394,448

NET ASSETS

3,296,557

3,246,875

CAPITAL AND RESERVES

Called up share capital

8

600

Share premium

2,368,204

Retained earnings

927,753

878,071

SHAREHOLDERS' FUNDS

3,296,557

3,246,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 3 June 2026 and were signed on its behalf by:

D Bees - Director

D Seip - Director

Mrs A Bees - Director

1.	STATUTORY INFORMATION

Future Let Properties 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 as modified by the revaluation of certain assets.

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

-

25% on cost

Computer equipment

-

25% on cost

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 3 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

COST OR VALUATION

At 1 April 2025

7,638,676

3,365

6,085

7,648,126

Additions

786,094

-

786,094

Disposals

(251,501

)

-

(251,501

)

At 31 March 2026

8,173,269

3,365

6,085

8,182,719

DEPRECIATION

At 1 April 2025

-

3,365

4,162

7,527

Charge for year

-

1,099

At 31 March 2026

-

3,365

5,261

8,626

NET BOOK VALUE

At 31 March 2026

8,173,269

-

824

8,174,093

At 31 March 2025

7,638,676

-

1,923

7,640,599

Cost or valuation at 31 March 2026 is represented by:

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

Valuation in 2022

590,000

-

590,000

Valuation in 2023

96,500

-

96,500

Valuation in 2024

80,000

-

80,000

Valuation in 2025

(48,500

)

-

(48,500

)

Cost

7,455,269

3,365

6,085

7,464,719

8,173,269

3,365

6,085

8,182,719

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts (see note 7)

25,746

Taxation

38,297

56,040

Accrued expenses

1,920

65,963

83,706

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Bank loans (see note 7)

5,005,102

4,394,448

31.3.26

31.3.25

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,902,118

4,291,464

7.

LOANS

An analysis of the maturity of loans is given below:

31.3.26

31.3.25

£

Amounts falling due within one year or on demand:

Bank loans

25,746

Amounts falling due between one and two years:

Bank loans - 1-2 years

25,746

Amounts falling due between two and five years:

Bank loans - 2-5 years

77,238

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,902,118

4,291,464

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

600

Ordinary

£1

600

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £37,500 (2025 - £120,000) were paid to the directors .

The directors control the company by virtue of a direct controlling interest of 100% of the issued ordinary share capital.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2026 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Lawrence & Company

Chartered Certified Accountants

26 Bell Street

Sawbridgeworth

Hertfordshire

CM21 9AN

4 June 2026