Fox Real Property Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04699507

Fox Real Property Limited

Unaudited financial statements

31 March 2025

Fox Real Property Limited

Statement of financial position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		1,803,000		1,803,000

Current assets

Debtors	6	–	( 1,678)
Cash at bank and in hand		123,433	80,898
		---------	-------
		123,433	79,220

Creditors: Amounts falling due within one year	7	( 1,084,297)		( 1,036,414)
		-----------		-----------
Net current liabilities			( 960,864)		( 957,194)
			-----------		-----------
Total assets less current liabilities			842,136		845,806
			---------		---------
Net assets			842,136		845,806
			---------		---------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	841,136	844,806
	---------	---------
Shareholders funds	842,136	845,806
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 12 December 2025 , and are signed on behalf of the board by:

Mr M Fox
Director

Company registration number: 04699507

Fox Real Property Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Noverre House, 14 Theatre Street, Norwich, Norfolk, NR2 1RG, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	33% straight line

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4. Employee numbers

The average number of employees during the year was 1 (2024: 1 ).

5. Tangible assets

	Investment property	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 April 2024 and 31 March 2025	1,803,000	26,967	1,829,967
	-----------	-------	-----------
Depreciation
At 1 April 2024 and 31 March 2025	–	26,967	26,967
	-----------	-------	-----------
Carrying amount
At 31 March 2025	1,803,000	–	1,803,000
	-----------	-------	-----------
At 31 March 2024	1,803,000	–	1,803,000
	-----------	-------	-----------

At the year end the properties have been revalued by the director to their current market value.

6. Debtors

	2025	2024
	£	£
Trade debtors	–	( 1,994)
Other debtors	–	316
	----	------
	–	( 1,678)
	----	------

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Other creditors	1,084,297	1,036,414
	-----------	-----------