Forty Two Properties Limited
Unaudited Financial Statements
For the year ended 30 November 2025
Pages for Filing with Registrar
Company Registration No. 10469402 (England and Wales)
Forty Two Properties Limited
Company Information
Directors
Paul Fisher
Samantha Fisher
Secretary
Paul Fisher
Company number
10469402
Registered office
The Grange
26 Mill End Close
Eaton Bray
Bedfordshire
LU6 2FH
Accountants
Moore Kingston Smith LLP
4 Victoria Square
St Albans
Hertfordshire
AL1 3TF
Forty Two Properties Limited
Contents
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
Forty Two Properties Limited
Balance Sheet
As at 30 November 2025
Page 1
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
317,903
317,903
Current assets
Debtors
4
-
0
850
Cash at bank and in hand
1,517
1,924
1,517
2,774
Creditors: amounts falling due within one year
5
(70,584)
(70,434)
Net current liabilities
(69,067)
(67,660)
Total assets less current liabilities
248,836
250,243
Creditors: amounts falling due after more than one year
6
(260,000)
(260,000)
Provisions for liabilities
(1,759)
(1,759)
Net liabilities
(12,923)
(11,516)
Capital and reserves
Called up share capital
400
400
Profit and loss reserves
(13,323)
(11,916)
Total equity
(12,923)
(11,516)
Forty Two Properties Limited
Balance Sheet (Continued)
As at 30 November 2025
Page 2

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 9 April 2026 and are signed on its behalf by:
Paul Fisher
Director
Company Registration No. 10469402
Forty Two Properties Limited
Notes to the Financial Statements
For the year ended 30 November 2025
Page 3
1
Accounting policies
Company information

Forty Two Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Grange, 26 Mill End Close, Eaton Bray, Bedfordshire, LU6 2FH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

A t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future

The company continues to meet its liabilities with the support of the shareholders. The Directors have concluded that there is a reasonable expectation that the company has adequate resources to continue to operate for at least 12 months from the date of signing these financial statements. The Directors therefore consider it appropriate to continue to adopt the going concern basis in preparing the financial statements

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for rental income.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

Basic financial instruments are measured at cost. The company has no other financial instruments or basic financial instruments measured at fair value.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Forty Two Properties Limited
Notes to the Financial Statements (Continued)
For the year ended 30 November 2025
1
Accounting policies
(Continued)
Page 4

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

2
Employees

There were no employees (2024: None) during the year.

3
Investment property
2025
£
Fair value
At 1 December 2024 and 30 November 2025
317,903

In the opinion of the directors, the fair value of the investment properties in the accounts should be line with their market value,

The original cost of the investment property was £308,674

4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
-
0
850
5
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
400
-
0
Other creditors
70,184
70,434
70,584
70,434
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
260,000
260,000

The bank loans are secured against the company’s investment properties.

Forty Two Properties Limited
Notes to the Financial Statements (Continued)
For the year ended 30 November 2025
Page 5
7
Related party transactions

Included in other creditors were amounts of £6 8,634 (2024: £68,634) due to the directors of the company.

Included in the profit & loss account was a £1,639 (2024: £1,399) service charge and £3,687 (2024: £2,614) management charge payable to RP Fisher Property Management Limited, a company with common shareholders and directors.

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