| FASA PROPERTY SERVICES LIMITED |
| Registered number: |
13078163 |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
657,608 |
|
|
657,608 |
|
| Current assets |
| Cash at bank and in hand |
|
|
1,331 |
|
|
694 |
|
| Creditors: amounts falling due within one year |
4 |
|
(78,323) |
|
|
(49,847) |
|
| Net current liabilities |
|
|
|
(76,992) |
|
|
(49,153) |
|
| Total assets less current liabilities |
|
|
|
580,616 |
|
|
608,455 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(652,960) |
|
|
(678,105) |
|
|
|
| Net liabilities |
|
|
|
(72,344) |
|
|
(69,650) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(72,444) |
|
|
(69,750) |
|
| Shareholders' funds |
|
|
|
(72,344) |
|
|
(69,650) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Samirah Gul |
| Director |
| Approved by the board on 2 September 2026 |
|
| FASA PROPERTY SERVICES LIMITED |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
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. |
|
|
Tangible fixed assets |
|
No depreciation has been provided for the property. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 January 2025 |
657,608 |
|
At 31 December 2025 |
657,608 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 December 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
657,608 |
|
At 31 December 2024 |
657,608 |
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
36,756 |
|
23,069 |
|
Other creditors |
41,567 |
|
26,778 |
|
|
|
|
|
|
78,323 |
|
49,847 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
652,960 |
|
476,029 |
|
Other creditors |
- |
|
202,076 |
|
|
|
|
|
|
652,960 |
|
678,105 |
|
The amount in the other creditors represents the capital introduction from the directors |
|
|
|
|
| 6 |
Other information |
|
|
FASA PROPERTY SERVICES LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
13 Mayfair Avenue |
|
Ilford |
|
IG1 3DJ |