Fogle Investments Limited - Filleted accounts

Registered number

07166613

Fogle Investments Limited

Filleted Accounts

31 July 2025

Fogle Investments Limited
Registered number:		07166613
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,039,506			2,000,072

Current assets
Debtors	4	355			3,429
Investments held as current assets	5	234,374			328,280
Cash at bank and in hand		18,175			11,218
		252,904			342,927

Creditors: amounts falling due within one year	6	(16,537)			(23,298)

Net current assets			236,367			319,629

Total assets less current liabilities			2,275,873			2,319,701

Creditors: amounts falling due after more than one year	7		(1,058,922)			(1,049,903)

Provisions for liabilities			(165,138)			(180,225)


Net assets			1,051,813			1,089,573

Capital and reserves
Called up share capital			2			2
Revaluation reserve	8		616,882			681,201
Profit and loss account			434,929			408,370

Shareholders' funds			1,051,813			1,089,573

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



F Hira
Director
Approved by the board on 15 October 2025

Fogle Investments Limited
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 2 years
	Motor vehicles			over 4 years

	Investment Properties
	Starting in the year to 31 July 2016 on transition to FRS102, Investment Properties are revalued annually and any surplus or deficit is dealt with through the profit and loss. No depreciation is provided in respect of investment properties.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					0		0


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 August 2024	1,972,471		39,724		46,675		2,058,870
	Additions	8,595		5,378		39,500		53,473
	At 31 July 2025	1,981,066		45,102		86,175		2,112,343

	Depreciation
	At 1 August 2024	-		35,460		23,338		58,798
	Charge for the year	-		2,370		11,669		14,039
	At 31 July 2025	-		37,830		35,007		72,837

	Net book value
	At 31 July 2025	1,981,066		7,272		51,168		2,039,506
	At 31 July 2024	1,972,471		4,264		23,337		2,000,072


4	Debtors					2025		2024
£							£

	Trade debtors					-		3,429
	Other debtors					355		-
						355		3,429


5	Investments held as current assets					2025		2024
£							£
	Fair value
	Unlisted investments					234,374		328,280



6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					16,184		16,184
	Taxation and social security costs					-		2,878
	Other creditors					353		4,236
						16,537		23,298


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					661,004		696,099
	Other creditors					397,918		353,804
						1,058,922		1,049,903


8	Revaluation reserve					2025		2024
£							£

	At 1 August 2024					681,201		606,201
	Transfer from profit and loss account					(64,319)		75,000

	At 31 July 2025					616,882		681,201


9	Related party transactions

	Other creditors due after more than one year include an amount of £397,918 (2024 - £353,804) due to the directors of the company. Interest payable includes £12,000 (2024 - £18,700) paid to Mr F Hira, a director of the company.


10	Controlling party

	The ultimate controlling party is Mr F Hira.


11	Other information

	Fogle Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Old Church House
	School Lane
	Hanbury
	Worcestershire
	B60 4BT