FOG Holdings Ltd iXBRL

Company Registration Number: NI705401

FOG Holdings Ltd

Unaudited Financial Statements

for the financial period ended 31 October 2025

FOG Holdings Ltd

DIRECTORS AND OTHER INFORMATION


Directors	Richard McLarnon
	Kathryn Holland
	Patricia Anne McLarnon
	Paul McLarnon


Company Registration Number	NI705401


Registered Office	19 Arthur Street, 1st Floor
	C/O Brookland Property
	Belfast
	BT1 4GA
	Northern Ireland


Business Address	19 Arthur Street, 1st Floor C/O Brookland Property
	Belfast
	BT1 4GA
	Northern Ireland


Accountants	Quarter
	St.Annes House
	Cathedral Quarter
	15 Church Street
	Belfast
	BT1 1PG


Bankers	Ulster Bank
	11 - 16 Donegall Square East
	Belfast
	BT1 5UB

FOG Holdings Ltd

ACCOUNTANTS REPORT

to the Board of Directors on the Compilation of the unaudited financial statements of FOG Holdings Ltd

for the financial period ended 31 October 2025

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 ended 31 October 2025 as set out on pages to 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 Board of Directors of FOG Holdings Ltd , as a body, 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 Board of Directors 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 Board of Directors, as a body, 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 2025 your duty to ensure that FOG 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 loss of FOG Holdings Ltd . You consider that FOG 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 FOG 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

St.Annes House

Cathedral Quarter

15 Church Street

Belfast

BT1 1PG

16 July 2026

FOG Holdings Ltd

Company Registration Number: NI705401

STATEMENT OF FINANCIAL POSITION

as at 31 October 2025

Oct 25

Nov 24

Notes

Non-Current Assets

Financial assets

1,993,023

2,037,449

─────────

Current Assets

Debtors

4,370

4,370

Cash and cash equivalents

3,768

─────────

4,393

8,138

─────────

Creditors: amounts falling due within one year

(1,044,373)

(971,449)

─────────

Net Current Liabilities

(1,039,980)

(963,311)

─────────

Total Assets less Current Liabilities

953,043

1,074,138

Creditors:

amounts falling due after more than one year

(1,072,172)

(1,109,073)

─────────

Net Liabilities

(119,129)

(34,935)

═════════

Capital and Reserves

Called up share capital

Retained earnings

(119,139)

(34,945)

─────────

Equity attributable to owners of the company

(119,129)

(34,935)

═════════

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 Directors' Report.

For the financial period ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm 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 directors acknowledge their 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 Board and authorised for issue on 16 July 2026 and signed on its behalf by



________________________________
Richard McLarnon
Director

FOG Holdings Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial period ended 31 October 2025

General Information

FOG Holdings Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI705401. The registered office of the company is 19 Arthur Street, 1st Floor, C/O Brookland Property, Belfast, BT1 4GA, Northern Ireland. The principal activity of the company is that of a holding company. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

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 2025 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 on the going concern basis and 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.

Consolidated accounts

The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.

Financial assets

Financial assets held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Income Statement in the financial period in which it is receivable.

Trade and other debtors

Trade and other debtors 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.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other creditors

Trade and other creditors 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.

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

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Period of financial statements

The financial statements are for the 11 month period ended 31 October 2025.

Going concern

As at 31st October 2025 there is a deficiency of assets of £119,129. The company remains reliant upon the support of its directors and group company.

Employees

The average monthly number of employees, including directors, during the financial period was 4, (Nov 24 - 4).

Oct 25

Nov 24

Number

Number

Directors

═════════


6.	Financial fixed assets
		Group and	Total
		participating
		interests/
		joint ventures
	Investments	£	£
	Cost
	At 1 December 2024	2,037,449	2,037,449
	Disposals	(44,426)	(44,426)
		─────────	─────────
	At 31 October 2025	1,993,023	1,993,023
		─────────	─────────
	Net book value
	At 31 October 2025	1,993,023	1,993,023
		═════════	═════════
	At 30 November 2024	2,037,449	2,037,449
		═════════	═════════

6.1.

Holdings in related undertakings

The company holds 20% or more of the share capital of the following company:

Country

Nature

Details

Proportion

held by

Name

incorporation and address of Registered Office

business

investment

company

Subsidiary undertaking

Orange Tree House Limited

1 Portaferry Road

Greyabbey

Newtownards

BT22 2RU

Events Catering

Ordinary

100

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Year ended

Capital and

Profit for

reserves

the year

Orange Tree House Limited

960,092

80,469

═════════

In the opinion of the directors, the value to the company of the unlisted investments is not less than the book amount shown above.


7.	Debtors	Oct 25	Nov 24
		£	£

	Amounts owed by connected parties (Note 12)	4,370	4,370
		═════════	═════════


8.	Creditors	Oct 25	Nov 24
	Amounts falling due within one year	£	£

	Bank loan	80,000	80,000
	Trade creditors	2,100	-
	Amounts owed to group undertakings	406,425	188,788
	Directors' current accounts	254,848	301,711
	Other creditors	300,000	400,000
	Accruals	1,000	950
		─────────	─────────
		1,044,373	971,449
		═════════	═════════


9.	Creditors	Oct 25	Nov 24
	Amounts falling due after more than one year	£	£

	Bank loan	1,072,172	1,109,073
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 8)	80,000	80,000
	Repayable between one and two years	80,000	80,000
	Repayable between two and five years	240,000	240,000
	Repayable in five years or more	752,172	789,073
		─────────	─────────
		1,152,172	1,189,073
		═════════	═════════

10.

Details of creditors

Security given in respect of creditors

Charge Code NI70 5401 0001

FOG Holdings Ltd granted a fixed charge, and a floating charge which covers all the property and undertaking of the company and a negative pledge on the 8th July 2024 to National Westminster Bank PLC (Trading as Ulster Bank).

11.

Capital commitments

The company had no material capital commitments at the financial period-ended 31 October 2025.

12.

Related party transactions

The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.

Balance

Movement

Balance

Maximum

Oct 25

in period

Nov 24

in period

Brookland Property Limited

1,370

1,370

1,370

McLarnon Investment One Limited

3,000

3,000

3,000

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═════════

4,370

4,370

═════════

Brookland Property Limited

Richard McLarnon is the director of both FOG Holdings Ltd and Brookland Property Limited. As at the 1st December 2024 there was a £1,370 balance owed by Brookland Property Limited to FOG Holdings Ltd. During the year there was net movement of £nil. As at 31st of October 2025, FOG Holdings Ltd was owed £1,370 from Brookland Property Limited.

McLarnon Investment One Limited

Richard McLarnon is the director of both FOG Holdings Ltd and McLarnon Investment One Limited. As at the 1st December 2024 there was a £3,000 balance owed by McLarnon Investment One Limited to FOG Holdings Ltd. During the year there was net movement of £nil. As at 31st October 2025, FOG Holdings Ltd was owed £3,000 from McLarnon Investment One Limited.

13.

Events After the End of the Reporting Period

There have been no significant events affecting the company since the financial period-end.