FORTY SEVEN LIMITED

Company Registration Number:
10627046 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

FORTY SEVEN LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

FORTY SEVEN LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 675,748 500,575
Tangible assets: 4 4,725 7,920
Investments: 5 21,520 0
Total fixed assets: 701,993 508,495
Current assets
Debtors:   230,853 56,698
Cash at bank and in hand: 54,988 84,525
Total current assets: 285,841 141,223
Creditors: amounts falling due within one year:   (218,856) (168,308)
Net current assets (liabilities): 66,985 (27,085)
Total assets less current liabilities: 768,978 481,410
Creditors: amounts falling due after more than one year:   (341,521)
Total net assets (liabilities): 427,457 481,410
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 427,357 481,310
Shareholders funds: 427,457 481,410

The notes form part of these financial statements

FORTY SEVEN LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 November 2023
and signed on behalf of the board by:

Name: Igors Astapciks
Status: Director

The notes form part of these financial statements

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 7 8

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Intangible Assets

Total
Cost £
At 01 March 2022 500,575
Additions 175,173
At 28 February 2023 675,748
Net book value
At 28 February 2023 675,748
At 28 February 2022 500,575

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible Assets

Total
Cost £
At 01 March 2022 27,874
Additions 1,415
At 28 February 2023 29,289
Depreciation
At 01 March 2022 19,954
Charge for year 4,610
At 28 February 2023 24,564
Net book value
At 28 February 2023 4,725
At 28 February 2022 7,920

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Fixed investments

Investment in the share capital (25%) of trading limited company of alternative energy resources.