Figura Property Investment Ltd,Ltd - AccountsLtd - Accounts

Figura Property Investment Ltd,Ltd - AccountsLtd - Accounts

FIGURA PROPERTY INVESTMENT LTD - Company Information

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2020-06-01 12013816 2021-05-31 12013816 2020-06-01 2021-05-31 12013816 2020-05-31 12013816 2019-05-23 2020-05-31 12013816 uk-core:WithinOneYear 2020-05-31 12013816 uk-core:WithinOneYear 2021-05-31 12013816 uk-core:AfterOneYear 2020-05-31 12013816 uk-core:AfterOneYear 2021-05-31 12013816 uk-core:ShareCapital 2021-05-31 12013816 uk-core:ShareCapital 2020-05-31 12013816 uk-core:RetainedEarningsAccumulatedLosses 2021-05-31 12013816 uk-core:RetainedEarningsAccumulatedLosses 2020-05-31 12013816 uk-bus:Director1 2020-06-01 2021-05-31 12013816 uk-core:FurnitureFittings 2020-06-01 2021-05-31 iso4217:GBP xbrli:pure 12013816 uk-bus:AuditExemptWithAccountantsReport 2020-06-01 2021-05-31 12013816 uk-bus:FRS102 2020-06-01 2021-05-31 12013816 uk-bus:FullAccounts 2020-06-01 2021-05-31 12013816 uk-bus:PrivateLimitedCompanyLtd 2020-06-01 2021-05-31
Figura Property Investment Ltd
Registered Number:12013816
For the year ended 31 May 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2021
Figura Property Investment Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
12013816
As at 31 May 2021
Figura Property Investment Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
1,114
1,672
2
3
153,192
69,768
Investment property
154,306
71,440
Current assets
Trade and other receivables
-
3,990
4
220
Cash and cash equivalents
911
4,901
220
Trade and other payables: amounts falling due within one
year
(45,303)
(81,966)
5
(45,083)
(77,065)
Net current liabilities
Total assets less current liabilities
77,241
26,357
Trade and other payables: amounts falling due after more
than one year
(45,000)
(103,500)
6
(26,259)
Net liabilities
(18,643)
Capital and reserves
Called up share capital
300
300
Retained earnings
(26,559)
(18,943)
(26,259)
(18,643)
Shareholders' funds
For the year ended 31 May 2021 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 of its financial statements for the year ended 31 May 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
FIGURA, Marcin Director
These financial statements were approved and authorised for issue by the Board on 14 February 2022 and were signed by:
1 of 4
4
Registered Number :
12013816
For the year ended 31 May 2021
Figura Property Investment Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 31 May 2021
Figura Property Investment Ltd
Notes to the Financial Statements
Statutory Information
Figura Property Investment Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 12013816.
Registered address:
24 Royal Court
123 Connersville Way
Croydon
CR0 4FS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 % Straight line
Furniture and Fittings
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.
2. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
At 01 June 2020
2,230
At 31 May 2021
2,230
Provision for depreciation and impairment
At 01 June 2020
558
Charge for year
558
At 31 May 2021
1,116
At 31 May 2021
Net book value
1,114
At 31 May 2020
1,672
3 of 4
6
For the year ended 31 May 2021
Figura Property Investment Ltd
Notes to the Financial Statements Continued
3. Investment property
Total
£
Fair value
At 01 June 2020
69,768
Additions
83,424
At 31 May 2021
153,192
Net book value
At 31 May 2021
153,192
At 31 May 2020
69,768
4. Trade and other receivables
2020
2021
£
£
Other debtors
3,990
-
5. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Trade creditors
1,380
943
Other creditors
80,586
44,360
81,966
45,303
6. Trade and other payables: amounts falling due after more than one year
2020
2021
£
£
Bank loans and overdraft (secured)
103,500
45,000
7. Average number of persons employed
During the year the average number of employees was 0
4 of 4