Company Registration No. 3409866 (England and Wales)
Fourleaf (Axholme) Ltd
Unaudited accounts
for the year ended 31 July 2023
Fourleaf (Axholme) Ltd
Unaudited accounts
Contents
Fourleaf (Axholme) Ltd
Company Information
for the year ended 31 July 2023
Directors
Andrew Clover
Elizabeth Clover
Secretary
Elizabeth Clover
Company Number
3409866 (England and Wales)
Registered Office
4 Park Lane
Bessacarr
Doncaster
DN4 5LG
United Kingdom
Accountants
Mike Behan Accountant
21 Millbrook Close
North Hykeham
Lincoln
LN6 9TA
Fourleaf (Axholme) Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
4,907
5,852
Cash at bank and in hand
1,244
689
Creditors: amounts falling due within one year
(114,207)
(107,675)
Net current liabilities
(101,696)
(95,452)
Total assets less current liabilities
(96,789)
(89,600)
Creditors: amounts falling due after more than one year
(7,333)
(10,833)
Net liabilities
(104,122)
(100,433)
Called up share capital
2
2
Profit and loss account
(104,124)
(100,435)
Shareholders' funds
(104,122)
(100,433)
For the year ending 31 July 2023 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 March 2024 and were signed on its behalf by
Andrew Clover
Director
Company Registration No. 3409866
Fourleaf (Axholme) Ltd
Notes to the Accounts
for the year ended 31 July 2023
Fourleaf (Axholme) Ltd is a private company, limited by shares, registered in England and Wales, registration number 3409866. The registered office is 4 Park Lane, Bessacarr, Doncaster, DN4 5LG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on Reducing balance
Motor vehicles
25% on Reducing balance
Computer equipment
15% on Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
55,553
8,283
4,687
68,523
At 31 July 2023
55,553
8,283
4,687
68,523
At 1 August 2022
51,096
7,656
3,919
62,671
Charge for the year
669
161
115
945
At 31 July 2023
51,765
7,817
4,034
63,616
At 31 July 2023
3,788
466
653
4,907
At 31 July 2022
4,457
627
768
5,852
Fourleaf (Axholme) Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,000
4,500
Loans from directors
109,217
102,185
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
The company is controlled by the directors' as a body, but there is no single controlling party.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).