FGC LAND 3 LIMITED

Company Registration Number:
14868904 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 15 May 2023

End date: 31 May 2024

FGC LAND 3 LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FGC LAND 3 LIMITED

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal activities of the company

Property development



Directors

The director shown below has held office during the whole of the period from
15 May 2023 to 31 May 2024

David Campbell Hughes


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
5 March 2025

And signed on behalf of the board by:
Name: David Campbell Hughes
Status: Director

FGC LAND 3 LIMITED

Profit And Loss Account

for the Period Ended 31 May 2024

13 months to 31 May 2024


£
Turnover: 27,538
Cost of sales: ( 25,616 )
Gross profit(or loss): 1,922
Administrative expenses: ( 16,146 )
Operating profit(or loss): (14,224)
Profit(or loss) before tax: (14,224)
Profit(or loss) for the financial year: (14,224)

FGC LAND 3 LIMITED

Balance sheet

As at 31 May 2024

Notes 13 months to 31 May 2024


£
Fixed assets
Investments: 3 1
Total fixed assets: 1
Current assets
Stocks: 4 68,500
Debtors: 5 1,574
Total current assets: 70,074
Creditors: amounts falling due within one year: 6 ( 84,199 )
Net current assets (liabilities): (14,125)
Total assets less current liabilities: (14,124)
Total net assets (liabilities): (14,124)
Capital and reserves
Called up share capital: 100
Profit and loss account: (14,224 )
Total Shareholders' funds: ( 14,124 )

The notes form part of these financial statements

FGC LAND 3 LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 5 March 2025
and signed on behalf of the board by:

Name: David Campbell Hughes
Status: Director

The notes form part of these financial statements

FGC LAND 3 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FGC LAND 3 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    13 months to 31 May 2024
    Average number of employees during the period 0

FGC LAND 3 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Fixed assets investments note

Investment in subsidiary £1 Cost or valuation 1 Undertaking: FGC Land Limited, registered office the same as for this company. Holding: Ordinary, 100% of both voting rights and shares. The principal activity of FGC Land Limited is development of building projects.

FGC LAND 3 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Stocks

13 months to 31 May 2024
£
Stocks 68,500
Total 68,500

FGC LAND 3 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors

13 months to 31 May 2024
£
Other debtors 1,574
Total 1,574
Debtors due after more than one year: 0

FGC LAND 3 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due within one year note

13 months to 31 May 2024
£
Other creditors 84,199
Total 84,199

The whole amount of other creditors is the balance of the Director's loan to the company.