REGISTERED NUMBER: 13561512 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

FMS REAL ESTATE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Farid Syed

SECRETARY:

Mrs Ishrat Farid Syed

REGISTERED OFFICE:

187 High Road

Leyton

London

E15 2BY

REGISTERED NUMBER:

13561512 (England and Wales)

ACCOUNTANTS:

Ashford Louis

Chartered Certified Accountants

187 High Road Leyton

London

E15 2BY

FIXED ASSETS

Tangible assets

4

-

241,791

Investment property

5

902,778

-

902,778

241,791

CURRENT ASSETS

Debtors

6

-

1,450

Cash at bank and in hand

10,418

7,888

10,418

9,338

CREDITORS

Amounts falling due within one year

7

423,780

113,459

NET CURRENT LIABILITIES

(413,362

)

(104,121

)

TOTAL ASSETS LESS CURRENT LIABILITIES

489,416

137,670

CREDITORS

Amounts falling due after more than one year

8

498,350

232,475

NET LIABILITIES

(8,934

)

(94,805

)

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

11

(8,936

)

(94,807

)

SHAREHOLDERS' FUNDS

(8,934

)

(94,805

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2026 and were signed by:

Mr Farid Syed - Director

1.	STATUTORY INFORMATION

FMS Real Estate Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

10% on reducing balance

Investment property

Investment properties, which comprise properties held for rental, are revalued each year to fair value (equivalent to open market value) and aggregate surplus or deficit transferred to the Fair Value Reserve.

The cost less depreciation model is used only if fair value cannot be measured reliably without undue cost or effort. No provision is made for depreciation of investment properties. This is a departure from the requirements of the Regulations, which require all properties to be depreciated, is in the opinion of the Directors, necessary for Financial Statement to show a true and fair view in accordance with applicable accounting standards. If this departure had not been made, the profit for the financial year would have been reduced by depreciation. However, the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

No material uncertainties related to events or conditions that may casts significant doubt on the ability of the company to continue as a going concern have been identified by the director.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Long

leasehold

£

COST

At 1 November 2024

331,676

Reclassification/transfer

(331,676

)

At 31 October 2025

-

DEPRECIATION

At 1 November 2024

89,885

Reclassification/transfer

(89,885

)

At 31 October 2025

-

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

241,791

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

902,778

At 31 October 2025

902,778

NET BOOK VALUE

At 31 October 2025

902,778

The Investment Property was revalued by the director to fair value (equivalent to open market value) as at 31 October 2025. The company directors, as required by FRS 102, to remeasure all Investment properties to fair value as at the balance sheet date. They have assessed the fair value based on properties of similar in nature and in the same surrounding areas where the property is located. After the assessment, substantiated by the information gathered, the director concluded that there were no significant movement in the market price to be reported and values to be equal to amount reported last year.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

as restated

£

£

Other debtors

-

1,450

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

as restated

£

£

Other creditors

423,780

113,459

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

as restated

£

£

Bank loans

498,350

232,475

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

as restated

£

£

Bank loans

498,350

232,475

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

as restated

£

£

2

Ordinary share

£1

2

2

11.

RESERVES

Retained

earnings

£

At 1 November 2024

(94,807

)

Prior year adjustment

89,885

(4,922

)

Deficit for the year

(4,014

)

At 31 October 2025

(8,936

)

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company owed it directors £156,215 (2024 : £2,830). The company also owed £266,840 (2024 : £106,722) to FMS Ventures Limited, this loan attracts interest at a commercial rate of interest. Both companies are connected by a common directorship.