Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31No description of principal activity2023-06-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22falsetruefalse 12910154 2023-06-01 2024-05-31 12910154 2022-06-01 2023-05-31 12910154 2024-05-31 12910154 2023-05-31 12910154 c:Director1 2023-06-01 2024-05-31 12910154 d:CurrentFinancialInstruments 2024-05-31 12910154 d:CurrentFinancialInstruments 2023-05-31 12910154 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 12910154 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 12910154 d:ShareCapital 2024-05-31 12910154 d:ShareCapital 2023-05-31 12910154 d:RetainedEarningsAccumulatedLosses 2024-05-31 12910154 d:RetainedEarningsAccumulatedLosses 2023-05-31 12910154 c:OrdinaryShareClass1 2023-06-01 2024-05-31 12910154 c:OrdinaryShareClass1 2024-05-31 12910154 c:OrdinaryShareClass1 2023-05-31 12910154 c:FRS102 2023-06-01 2024-05-31 12910154 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12910154 c:FullAccounts 2023-06-01 2024-05-31 12910154 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12910154 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12910154









FGC REAL ESTATE LTD







UNAUDITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
FGC REAL ESTATE LTD
REGISTERED NUMBER: 12910154

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
  
51
-

Cash at bank and in hand
 5 
233
229

  
284
229

Creditors: amounts falling due within one year
 6 
(10,160)
(9,320)

Net current liabilities
  
 
 
(9,876)
 
 
(9,091)

Total assets less current liabilities
  
(9,876)
(9,091)

  

Net liabilities
  
(9,876)
(9,091)


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
(9,878)
(9,093)

  
(9,876)
(9,091)


Page 1

 
FGC REAL ESTATE LTD
REGISTERED NUMBER: 12910154
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R Soltanie
Director

Date: 7 February 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FGC REAL ESTATE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

FGC Real Estate Ltd is a private company limited by shares incorporated in England and Wales. The
registe Office is 37-39 Maida Vale, London, England, W9 1TP. 
The financial statements are presented in Sterling (£), which is the functional currency of the company.
Monetary amounts in these financial statements are rounded to the nearest £.                                

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
FGC REAL ESTATE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Other debtors
51
-

51
-



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
233
229

233
229


Page 4

 
FGC REAL ESTATE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
7,160
7,160

Accruals and deferred income
3,000
2,160

10,160
9,320



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each shares of £1.00 each
2
2


 
Page 5