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Registered number: 12303122
Findon Place Estate Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
MMS Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12303122
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,789 31,121
41,789 31,121
CURRENT ASSETS
Debtors 5 226,070 269,924
Cash at bank and in hand 29,326 78,200
255,396 348,124
Creditors: Amounts Falling Due Within One Year 6 (485,270 ) (447,464 )
NET CURRENT ASSETS (LIABILITIES) (229,874 ) (99,340 )
TOTAL ASSETS LESS CURRENT LIABILITIES (188,085 ) (68,219 )
Creditors: Amounts Falling Due After More Than One Year 7 (36,420 ) (88,415 )
NET LIABILITIES (224,505 ) (156,634 )
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account (224,515 ) (156,644 )
SHAREHOLDERS' FUNDS (224,505) (156,634)
Page 1
Page 2
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Miss Caroline Hill
Director
08/08/2026
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
Findon Place Estate Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12303122 . The registered office is Findon Place, Findon, Worthing, BN14 0RF.
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:
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 4)
5 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2024 14,433 30,704 6,028 51,165
Additions 1,655 20,798 - 22,453
As at 30 November 2025 16,088 51,502 6,028 73,618
Depreciation
As at 1 December 2024 5,058 12,524 2,462 20,044
Provided during the period 2,528 8,365 892 11,785
As at 30 November 2025 7,586 20,889 3,354 31,829
Net Book Value
As at 30 November 2025 8,502 30,613 2,674 41,789
As at 1 December 2024 9,375 18,180 3,566 31,121
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 226,070 265,415
Other taxes and social security - 4,509
226,070 269,924
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 3,895 2,574
Other taxes and social security 605 -
VAT 41,767 10,646
Customer Deposits Held 7,800 19,000
Accruals and deferred income 152,828 136,444
Director's loan account 278,375 278,800
485,270 447,464
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Accruals and deferred income 36,420 88,415
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
Page 4