F M G B LIMITED

Company Registration Number:
SC274089 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

F M G B LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Additional notes
Balance sheet notes

F M G B LIMITED

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 2,113,699 2,126,170
Total fixed assets: 2,113,699 2,126,170
Current assets
Stocks: 4 130,985 77,667
Debtors: 5 207,669 167,235
Cash at bank and in hand: 218,574 230,493
Total current assets: 557,228 475,395
Creditors: amounts falling due within one year: 6 ( 176,332 ) ( 98,324 )
Net current assets (liabilities): 380,896 377,071
Total assets less current liabilities: 2,494,595 2,503,241
Creditors: amounts falling due after more than one year: 7 ( 1,576,817 ) ( 1,687,111 )
Provision for liabilities: ( 63,105 ) ( 65,095 )
Total net assets (liabilities): 854,673 751,035
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 854,573 750,935
Total Shareholders' funds: 854,673 751,035

The notes form part of these financial statements

F M G B LIMITED

Balance sheet statements

For the year ending 31 March 2025 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 July 2025
and signed on behalf of the board by:

Name: Mr G J Batchelor
Status: Director

The notes form part of these financial statements

F M G B LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 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

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Plant and machinery - 15% reducing balance basis. Heritable property - No depreciation applied

F M G B LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

F M G B LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 1,887,997 238,173 2,126,170
Additions 34,041 34,041
Disposals
Revaluations
Transfers
At 31 March 2025 1,887,997 272,214 2,160,211
Depreciation
At 1 April 2024 0 0 0
Charge for year 5,680 40,832 46,512
On disposals
Other adjustments
At 31 March 2025 5,680 40,832 46,512
Net book value
At 31 March 2025 1,882,317 231,382 2,113,699
At 31 March 2024 1,887,997 238,173 2,126,170

F M G B LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Stocks

2025 2024
£ £
Stocks 130,985 77,667
Total 130,985 77,667

F M G B LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Debtors

2025 2024
£ £
Trade debtors 106,935 72,126
Prepayments and accrued income 4,913
Other debtors 95,821 95,109
Total 207,669 167,235

F M G B LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 109,423 53,928
Trade creditors 25,369 28,069
Taxation and social security 38,540 13,327
Accruals and deferred income 3,000 3,000
Total 176,332 98,324

F M G B LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 1,576,817 1,687,111
Total 1,576,817 1,687,111