F and G Property Ltd iXBRL

F and G Property Ltd

Unaudited Financial Statements

for the financial year ended 31 August 2025

F and G Property Ltd

Company Registration Number: NI691429

BALANCE SHEET

as at 31 August 2025

	2025	2024
	£	£


Fixed Assets	396,124	404,312
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Current assets	12,465	1,852

Creditors: amounts falling due within one year	(165,158)	(162,963)
	─────────	─────────
Net Current Liabilities	(152,693)	(161,111)
	─────────	─────────

Total Assets less Current Liabilities	243,431	243,201

Creditors: amounts falling due after more than one year	(259,001)	(261,196)

Accruals and deferred income	(1,000)	-
	─────────	─────────
Net Liabilities	(16,570)	(17,995)
	═════════	═════════

Capital and Reserves	(16,570)	(17,995)
	═════════	═════════

Notes to the Financial statements

General Information

F and G Property Ltd is a private company Limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI691429. The registered office of the company is 34 Culcavy Road, Hillsborough, Northern Ireland, BT26 6JD which is also the principal place of business.

The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.

The financial statements cover the individual entity, F and G Property Ltd for the financial year ended 31st August 2025.

Going concern

The company had a net loss of £16,570 during the year ended 31st August 2025. This is the company's first full year of trading and as a result the company experienced additional costs to bring the property purchased to its current condition in order to charge monthly rents. The director has offered assurances that he will continue to financially support the company until such time as it returns to profitability or has been refinanced. As such, the accounts are prepared on a going concern basis.

Employees

The average monthly number of employees, including director, during the financial year was

2025

2024

Number

Number

Director

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Parent company

The company regards LIMQ Ltd as its parent company.

The parent of the largest group in which the results are consolidated is LIMQ Ltd.

LIMQ Ltd is registered in Northern Ireland.

Security given in respect of creditors

Kensington Mortgage Company Limited holds a charge over the land and buildings owned by the company in respect of the term loan which totalled £277,196 at year end (2024: £277,196)

For the financial year ended 31 August 2025 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 year 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 year and of its profit and loss for the financial year 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.

These financial statements have been prepared in accordance with the provisions available to micro-entities in Part 15 of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

The company has taken advantage of the exemption under section 444 not to file the Director's Report, Abridged Profit and Loss Account.

Approved by the Director on 20 May 2026 and signed by:

________________________________

Thomas Murphy

Director