Company Registration No. 14546522 (England and Wales)
Fornalik Property Ltd
Unaudited accounts
for the year ended 31 December 2025
Fornalik Property Ltd
Unaudited accounts
Contents
Fornalik Property Ltd
Company Information
for the year ended 31 December 2025
Company Number
14546522 (England and Wales)
Registered Office
Flat 3
Aylesbury House
3 Broadmead Road
Northolt
Middlesex
UB5 6FT
England
Fornalik Property Ltd
Statement of financial position
as at 31 December 2025
Investment property
377,119
255,696
Cash at bank and in hand
21,264
7,627
Creditors: amounts falling due within one year
(155,401)
(94,295)
Net current liabilities
(113,959)
(86,668)
Total assets less current liabilities
263,160
169,028
Creditors: amounts falling due after more than one year
(232,069)
(151,569)
Provisions for liabilities
Deferred tax
(6,710)
(5,760)
Called up share capital
1
1
Revaluation reserve
35,313
30,313
Profit and loss account
(10,933)
(18,615)
Shareholders' funds
24,381
11,699
For the year ending 31 December 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 August 2026 and were signed on its behalf by
Marek Fornalik
Director
Company Registration No. 14546522
Fornalik Property Ltd
Notes to the Accounts
for the year ended 31 December 2025
Fornalik Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 14546522. The registered office is Flat 3, Aylesbury House, 3 Broadmead Road, Northolt, Middlesex, UB5 6FT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 January 2025
255,696
Net gain from fair value adjustments
5,000
At 31 December 2025
377,119
Amounts falling due within one year
Accrued income and prepayments
5,178
-
Fornalik Property Ltd
Notes to the Accounts
for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
107,400
80,500
Other creditors
10,000
13,795
Loans from directors
38,001
-
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
75,819
75,819
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).