BrightAccountsProduction v1.0.0 v1.0.0 2023-10-30 The company was not dormant during the period The company was trading for the entire period The principal activity of the company is other letting and operating of own or leased real estate. 27 October 2025 1 NI703921 2024-10-31 NI703921 2023-10-29 NI703921 2023-10-30 2024-10-31 NI703921 uk-bus:PrivateLimitedCompanyLtd 2023-10-30 2024-10-31 NI703921 uk-curr:PoundSterling 2023-10-30 2024-10-31 NI703921 uk-bus:SmallCompaniesRegimeForAccounts 2023-10-30 2024-10-31 NI703921 uk-bus:FullAccounts 2023-10-30 2024-10-31 NI703921 uk-bus:Director1 2023-10-30 2024-10-31 NI703921 uk-bus:RegisteredOffice 2023-10-30 2024-10-31 NI703921 uk-bus:Agent1 2023-10-30 2024-10-31 NI703921 uk-bus:AuditExemptWithAccountantsReport 2023-10-30 2024-10-31 NI703921 uk-core:ShareCapital 2024-10-31 NI703921 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 NI703921 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-10-31 NI703921 uk-bus:FRS102 2023-10-30 2024-10-31 NI703921 uk-core:WithinOneYear 2024-10-31 NI703921 2023-10-30 2024-10-31 xbrli:pure iso4217:GBP iso4217:USD xbrli:shares
Company Registration Number: NI703921
 
 
FS Property Holdings Ltd
 
Unaudited Financial Statements
 
for the financial period from 30 October 2023 (date of incorporation) to 31 October 2024



FS Property Holdings Ltd
DIRECTOR AND OTHER INFORMATION

 
Director Mr Thomas William Smyth (Appointed 30 October 2023)
 
 
Company Registration Number NI703921
 
 
Registered Office and Business Address 64 Donegall Quay Apt 1.1
Belfast
BT1 3NG
United Kingdom
 
 
Accountants Quarter
Chartered Accountants
St.Annes House
Cathedral Quarter
15 Church Street
Antrim
BT1 1PG
 
 
Bankers ANNA Bank
  Brunel House,
  2 Fitzalan Road,
  Cardiff,
  Wales,
  CF24 0EB
  Wales



FS Property Holdings Ltd

CHARTERED ACCOUNTANTS REPORT
to the Director on the Compilation of the unaudited financial statements of FS Property Holdings Ltd
for the financial period from 30 October 2023 (date of incorporation) to 31 October 2024
 
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial period from 30 October 2023 (date of incorporation) to 31 October 2024 as set out on pages  to 9 which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the director of FS Property Holdings Ltd, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Statement of Financial Position for the period ended 31 October 2024 your duty to ensure that FS Property Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of FS Property Holdings Ltd. You consider that FS Property Holdings Ltd is exempt from the statutory audit requirement for the financial period.
 
We have not been instructed to carry out an audit or a review of the financial statements of FS Property Holdings Ltd. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
__________________________________
QUARTER
Chartered Accountants and Statutory Auditors
St.Annes House
Cathedral Quarter
15 Church Street
Antrim
BT1 1PG
 
27 October 2025



FS Property Holdings Ltd
Company Registration Number: NI703921
STATEMENT OF FINANCIAL POSITION
as at 31 October 2024

Oct 24
Notes £
 
Current Assets
Receivables 6 16,000
Cash and cash equivalents 7,822
─────────
23,822
─────────
Payables: amounts falling due within one year 7 (6,052)
─────────
Net Current Assets 17,770
─────────
Total Assets less Current Liabilities 17,770
═════════
 
Equity
Called up share capital 1
Retained earnings 17,769
─────────
Equity attributable to owners of the company 17,770
═════════
 

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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
       
For the financial period from 30 October 2023 (date of incorporation) to 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
       
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
       
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period in accordance with the requirements of sections 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.
       
Approved by the Director and authorised for issue on 27 October 2025
       
       
________________________________      
Mr Thomas William Smyth      
Director      
       



FS Property Holdings Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial period from 30 October 2023 (date of incorporation) to 31 October 2024

   
1. General Information
 
FS Property Holdings Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI703921. The registered office of the company is 64 Donegall Quay Apt 1.1, Belfast, BT1 3NG, United Kingdom which is also the principal place of business of the company. The principal activity of the company is other letting and operating of own or leased real estate. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance

The financial statements of the company for the financial period ended 31 October 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

 
Basis of preparation

The financial statements have been prepared in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Trade and other receivables
Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Period of financial statements
 
The financial statements are for the 12 month 2 days period from 30 October 2023 (date of incorporation) to 31 October 2024.
   
4. Statement on previous periods
 
The company did not present financial statements for previous periods.
     
5. Employees
 
The average monthly number of employees, including director, during the financial period was 1, (Oct 23 - 0).
 
  Oct 24
  Number
 
Director 1
  ═════════
     
6. Receivables Oct 24
  £
 
Amounts owed by connected parties (Note 10) 16,000
  ═════════
     
7. Payables Oct 24
Amounts falling due within one year £
 
Taxation  (Note 8) 5,552
Accruals 500
  ─────────
  6,052
  ═════════
     
8. Taxation Oct 24
  £
 
Payables:
Corporation tax 5,552
  ═════════
     
9. Capital commitments
 
The company had no material capital commitments at the financial period-ended 31 October 2024.
         
10. Related party transactions
  Balance Movement Maximum
  Oct 24 in period in period
  £ £ £
 
Dreams Mentoring Ltd 16,000 16,000 16,000
  ───────── ───────── ═════════
 

Dreams Mentoring Limited

Thomas William Smyth is the director of Dreams Mentoring Limited and FS Property Holdings Limited.  As at 30th October 2023 there was £nil owed by Dreams Mentoring Limited. During the year there was net movement of £16,000.  As at 31st October 2024 Dreams Mentoring Ltd owed FS Property Holdings Ltd £16,000.

   
11. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial period-end.