FGG Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13663662

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		157,511		157,511

			157,511		157,511
CURRENT ASSETS
Debtors	5	1,480		1,480
Cash at bank and in hand		4,951		2,767

		6,431		4,247
Creditors: Amounts Falling Due Within One Year	6	(48,378 )		(82,128 )

NET CURRENT ASSETS (LIABILITIES)			(41,947 )		(77,881 )

TOTAL ASSETS LESS CURRENT LIABILITIES			115,564		79,630

Creditors: Amounts Falling Due After More Than One Year	7		(151,499 )		(110,390 )

NET LIABILITIES			(35,935 )		(30,760 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(36,035 )		(30,860 )

SHAREHOLDERS' FUNDS			(35,935)		(30,760)

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FGG Properties Limited

Balance Sheet (continued)

As At 31 October 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr K M Webb

Director

23 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

FGG Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13663662 . The registered office is 550 Valley Road, Nottingham, NG5 1JJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

At the 31st October 2025, the company has net liabilities totalling £35,935. The company is reliant on the continued support of the directors. The directors have confirmed their intention to support the company for at least twelve months from the date of signing the accounts.

On the above basis, the diretors consider that the accounts should be prepared on a going concern basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

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FGG Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Investment Properties
	£
Cost
As at 1 November 2024	157,511

As at 31 October 2025	157,511

Net Book Value
As at 31 October 2025	157,511

As at 1 November 2024	157,511

Cost or valuation as at 31 October 2025 represented by:

	Investment Properties
	£
At cost	157,511

	157,511

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.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of

investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair

value will be reliably measurable on an on-going basis.

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	1,480	1,480

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	432	432
Directors' loan accounts	47,946	81,696

	48,378	82,128

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	151,499	110,390

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FGG Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

8. Secured Creditors

Of the creditors falling due within and after more than one year, the following amounts are secured against the assets of the company.

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

At the balance sheet date, the amount owed to the directors through the directors loan accounts totalled £47,946 (2024: £81,696).

The directors loan accounts are unsecured, interest free and repayable on demand.

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