Fega Property Ltd
Registered number: | 14412827
Statement of Financial Position
as at 31 October 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | 224,916 |  |  | 224,916
Current assets
Cash at bank and in hand |  |  | 3,148 |  |  | 2,026
Creditors: amounts falling due within one year | 4 |  | (73,150) |  |  | (71,375)
Net current liabilities |  |  |  | (70,002) |  |  | (69,349)
Total assets less current liabilities |  |  |  | 154,914 |  |  | 155,567
Creditors: amounts falling due after more than one year | 5 |  |  | (157,737) |  |  | (157,580)
Net liabilities |  |  |  | (2,823) |  |  | (2,013)
Capital and reserves
Called up share capital |  |  |  | 1 |  |  | 1
Profit and loss account |  |  |  | (2,824) |  |  | (2,014)
Shareholders' funds |  |  |  | (2,823) |  |  | (2,013)
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 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.
C Featherstone
Director
Approved by the board on 5 March 2026

Fega Property Ltd
Notes to the Accounts
for the year ended 31 October 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
| Going concern
| The company had retained losses as at the balance sheet date which were not covered by the share capital of the company. The company is continuing to trade as the director of the company is funding the company in the form of a director’s loan. The director is planning to continue this financial support for the company for the foreseeable future.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from property rental. Turnover from the rental is recognised by reference to the stage of completion of the tenancy.
| Creditors
| Short term creditors are measured at transaction 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.
| Investment property
| Investment property is included at fair value.
2 | Employees and directors | 2025 |  | 2024
Number | Number
| Average number of directors and persons employed by the company |  | 2 |  | 2
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Investment property
£
| Cost
| At 1 November 2024 | 224,916
| At 31 October 2025 | 224,916
| Net book value
| At 31 October 2025 | 224,916
| At 31 October 2024 | 224,916
| Freehold land and buildings: | 2025 |  | 2024
£ | £
| Historical cost | 224,916 |  | 224,916
|  |  |  |  |  | 224,916 |  | 224,916
4 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Accruals | 1,564 |  | 1,516
| Other creditors | 71,586 |  | 69,859
|  |  |  |  |  | 73,150 |  | 71,375
5 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Bank loans | 157,737 |  | 157,580
6 | Loans | 2025 |  | 2024
£ | £
| Creditors include:
| Secured bank loans | 157,737 |  | 157,580
| The loan from Paragon Bank PLC contains a negative pledge, registered with Companies House under the charge code 1441 2827 0001
7 | Other information
| Fega Property Ltd is a private company limited by shares and incorporated in England. Its registered office is:
| 38 Laxton Close
| Olveston
| Bristol
| BS35 4EB

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