30 June 2022 false No description of principal activity Taxfiler 2023.14 14204984business:PrivateLimitedCompanyLtd2022-06-302023-06-30 142049842022-06-29 142049842022-06-302023-06-30 14204984business:AuditExemptWithAccountantsReport2022-06-302023-06-30 14204984business:FilletedAccounts2022-06-302023-06-30 142049842023-06-30 14204984business:Director12022-06-302023-06-30 14204984business:RegisteredOffice2022-06-302023-06-30 14204984core:WithinOneYear2023-06-30 14204984core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 14204984core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 14204984core:PreviouslyStatedAmount2023-06-30 14204984business:SmallEntities2022-06-302023-06-30 14204984countries:EnglandWales2022-06-302023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 14204984 (England and Wales)
Fortune House 168 Limited Unaudited accounts for the period from 30 June 2022 to 30 June 2023
Fortune House 168 Limited Unaudited accounts Contents
Page
- 2 -
Fortune House 168 Limited Company Information for the period from 30 June 2022 to 30 June 2023
Director
Zengsong Ye
Company Number
14204984 (England and Wales)
Registered Office
140 New Road Skewen Neath Port Talbot SA10 6HL
Accountants
LJW Accountants Limited 27 Hardy Avenue Dartford Kent DA1 2FE
- 3 -
Fortune House 168 Limited Statement of financial position as at 30 June 2023
2023 
Notes
£ 
Current assets
Inventories
1,650 
Debtors
1,237 
2,887 
Creditors: amounts falling due within one year
(1,307)
Net current assets
1,580 
Net assets
1,580 
Capital and reserves
Called up share capital
100 
Profit and loss account
1,480 
Shareholders' funds
1,580 
For the period ending 30 June 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 director acknowledges his 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 and authorised for issue on 10 March 2024 and were signed on its behalf by
Zengsong Ye Director Company Registration No. 14204984
- 4 -
Fortune House 168 Limited Notes to the Accounts for the period from 30 June 2022 to 30 June 2023
1
Statutory information
Fortune House 168 Limited is a private company, limited by shares, registered in England and Wales, registration number 14204984. The registered office is 140 New Road, Skewen, Neath, Port Talbot, SA10 6HL.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Debtors
2023 
£ 
Amounts falling due within one year
Other debtors
1,237 
5
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
347 
Accruals
960 
1,307 
- 5 -
Fortune House 168 Limited Notes to the Accounts for the period from 30 June 2022 to 30 June 2023
6
Average number of employees
During the period the average number of employees was 3.
- 6 -