FQG Limited - Filleted accounts

Registered number

11055986

FQG Limited

Filleted Accounts

30 November 2025

FQG Limited
Registered number:		11055986
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,862			6,361

Current assets
Stocks		-			17,671
Debtors	4	-			8,351
		-			26,022

Creditors: amounts falling due within one year	5	(132,907)			(134,663)

Net current liabilities			(132,907)			(108,641)

Total assets less current liabilities			(130,045)			(102,280)

Creditors: amounts falling due after more than one year	6		(12,961)			(12,261)



Net liabilities			(143,006)			(114,541)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(143,106)			(114,641)

Shareholder's funds			(143,006)			(114,541)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Sohail
Director
Approved by the board on 27 August 2026

FQG Limited
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% RBM
	Motor Vehicle	25% RBM

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			-		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 December 2024	3,606		24,800		28,406
	At 30 November 2025	3,606		24,800		28,406

	Depreciation
	At 1 December 2024	3,129		18,916		22,045
	Charge for the year	262		3,237		3,499
	At 30 November 2025	3,391		22,153		25,544

	Net book value
	At 30 November 2025	215		2,647		2,862
	At 30 November 2024	477		5,884		6,361


4	Debtors			2025		2024
£					£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest			-		8,351


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			36,549		36,421
	Trade creditors			27,527		26,447
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			-		2,619
	Taxation and social security costs			10,180		10,180
	Other creditors			58,651		58,996
				132,907		134,663


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			12,961		12,261


7	Other information

	FQG Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Building 18, Gateway 1000
	Whittle Way, Arlington Business Park
	Stevenage
	Hertfordshire
	SG1 2FP