FDR Property Group Limited iXBRL

Company Registration Number: NI654819

FDR Property Group Limited

Unaudited Financial Statements

for the financial year ended 31 August 2025

FDR Property Group Limited

DIRECTOR AND OTHER INFORMATION


Director	Tom Smyth


Company Registration Number	NI654819


Registered Office	64 Donegall Quay
	Belfast
	BT1 3NG


Business Address	64 Donegal Quay
	Belfast
	BT1 3NG


Accountants	Quarter
	Chartered Accountants
	St Anne's House
	15 Church Street
	Cathedral Quarter
	BT1 1PG

FDR Property Group Limited

CHARTERED ACCOUNTANTS REPORT

to the Director on the Compilation of the unaudited financial statements of FDR Property Group Limited

for the financial year ended 31 August 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 year ended 31 August 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 director of FDR Property Group Limited, 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 Director 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 director 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 year ended 31 August 2025 your duty to ensure that FDR Property Group Limited 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 profit of FDR Property Group Limited. You consider that FDR Property Group Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of FDR Property Group Limited. 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

Chartered Accountants

St Anne's House

15 Church Street

Cathedral Quarter

BT1 1PG

3 September 2026

FDR Property Group Limited

Company Registration Number: NI654819

STATEMENT OF FINANCIAL POSITION

as at 31 August 2025

		2025	2024
	Notes	£	£

Non-Current Assets

Property, plant and equipment

994,999

997,199

─────────

Current Assets

Receivables

345,026

109,465

Cash and cash equivalents

3,684

6,812

─────────

348,710

116,277

─────────

Payables: amounts falling due within one year

(593,111)

(487,271)

─────────

Net Current Liabilities

(244,401)

(370,994)

─────────

Total Assets less Current Liabilities

750,598

626,205

Payables:

amounts falling due after more than one year

(133,820)

(127,021)

─────────

Net Assets

616,778

499,184

═════════

Equity

Called up share capital

Other reserves

185,576

185,576

Retained earnings

431,201

313,607

─────────

Equity attributable to owners of the company

616,778

499,184

═════════

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 Director's Report.

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 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 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.

Approved by the Director and authorised for issue on 3 September 2026



________________________________
Tom Smyth
Director

FDR Property Group Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

General Information

FDR Property Group Limited is a company limited by shares incorporated in Northern Ireland. The registered office of the company is 64 Donegall Quay, Belfast, BT1 3NG. The nature of the company's operations and its principal activities are set out in the Director's Report. 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 year ended 31 August 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.

Revenue

Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

20% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Investment properties

Investment properties are measured at fair value, with changes in fair value recognised in the Income Statement. The properties are not held for consumption but for investment purposes, and the directors feel that systematic annual depreciation would be inappropriate.

Trade and other receivables

Trade and other receivables 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 payables

Trade and other payables 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 year 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

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

Ordinary share capital

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

Exceptional item

Exceptional items are those that the directors' view are required to be separately disclosed by virtue of their size or incidence to enable a full understanding of the company's financial performance.

Employees

The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).

2025

2024

Number

Number

Director

═════════


4.	Property, plant and equipment
		Investment	Fixtures,	Total
		properties	fittings and
			equipment
		£	£	£
	Cost
	At 1 September 2024	990,000	14,733	1,004,733
		─────────	─────────	─────────

	At 31 August 2025	990,000	14,733	1,004,733
		─────────	─────────	─────────
	Depreciation
	At 1 September 2024	-	7,534	7,534
	Charge for the financial year	-	2,200	2,200
		─────────	─────────	─────────
	At 31 August 2025	-	9,734	9,734
		─────────	─────────	─────────
	Carrying amount
	At 31 August 2025	990,000	4,999	994,999
		═════════	═════════	═════════
	At 31 August 2024	990,000	7,199	997,199
		═════════	═════════	═════════


5.	Receivables	2025	2024
		£	£

	Amounts owed by connected parties (Note 10)	20,399	5,000
	Other debtors	324,627	104,465
		─────────	─────────
		345,026	109,465
		═════════	═════════


6.	Payables	2025	2024
	Amounts falling due within one year	£	£

	Bank loan	44,635	46,649
	Trade payables	-	6,058
	Amounts owed to connected parties (Note 10)	220,494	-
	Taxation (Note 8)	49,078	20,355
	Director's current account	276,879	410,309
	Other creditors	375	2,250
	Accruals	1,650	1,650
		─────────	─────────
		593,111	487,271
		═════════	═════════


7.	Payables	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	133,820	127,021
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 6)	44,635	46,649
	Repayable between one and two years	55,101	55,101
	Repayable between two and five years	78,719	71,920
		─────────	─────────
		178,455	173,670
		═════════	═════════


8.	Taxation	2025	2024
		£	£

	Payables:
	VAT	2,756	3,402
	Corporation tax	46,322	16,953
		─────────	─────────
		49,078	20,355
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 August 2025.

10.

Related party transactions

Balance

Movement

Balance

Maximum

2025

in year

2024

in year

Dream Mentoring

194

Luxury Apartments Manchester Limited

(5,000)

5,000

5,000

FDRGroupUK Limited

20,205

7,099

─────────

═════════

20,399

15,399

5,000

═════════

The following amounts are due to other connected parties:

2025

2024

Luxury Apartments Manchester Limited

220,494

═════════

Net balances with other connected parties:

2025

2024

Dream Mentoring

194

Luxury Apartments Manchester Limited

(220,494)

5,000

FDRGroupUK Limited

20,205

─────────

(200,095)

5,000

═════════

Dream Mentoring

Tom Smyth is a director in both FDR Property Group Limited and Dream Mentoring Limited. As at 1 September 2024, , FDR Property Group Limited owed Dream Mentoring Limited £nil. During the year, net transactions totalled £194. As at 31 August 2025, FDR Property Group Limited were owed £194 from Dream Mentoring Limited.

Luxury Apartments Manchester Limited

Tom Smyth is a director in both FDR Property Group Limited and Luxury Apartments Manchester Limited. As at 1 September 2024, FDR Property Group Limited was owed £5,000 by Luxury Apartments Manchester Limited. During the year, net transactions totalled £225,494. As at 31 August 2025, FDR Property Group Limited owed £220,494 to Luxury Apartments Manchester Limited.

FDRGroupUK Limited

Tom Smyth is a director in both FDR Property Group Limited and FDRGroupUK Limited. As at 1 September 2024, FDR Property Group Limited was owed £nil by FDRGroupUK Limited. During the year, net transactions totalled £20,205. As at 31 August 2025, FDR Property Group Limited was owed £20,205 from FDRGroupUK Limited.

In the opinion of the director these amounts arise in the ordinary course of business and the terms of the amounts due are in accordance with the terms ordinarily offered by the company.

11.

Events After the End of the Reporting Period

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


12.	Changes in Equity

	Other Comprehensive Income	2025	2024
		£	£

	Investment property revaluation in year	-	(160,000)
		═════════	═════════