2022-08-012023-07-312023-07-31false13512745FFF2 LTD2024-04-18iso4217:GBPxbrli:pure135127452022-08-01135127452023-07-31135127452022-08-012023-07-31135127452021-07-15135127452022-07-31135127452021-07-152022-07-3113512745bus:SmallEntities2022-08-012023-07-3113512745bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3113512745bus:FullAccounts2022-08-012023-07-3113512745bus:PrivateLimitedCompanyLtd2022-08-012023-07-3113512745core:WithinOneYear2023-07-3113512745core:AfterOneYear2023-07-3113512745core:WithinOneYear2022-07-3113512745core:AfterOneYear2022-07-3113512745core:ShareCapital2023-07-3113512745core:SharePremium2023-07-3113512745core:RevaluationReserve2023-07-3113512745core:OtherReservesSubtotal2023-07-3113512745core:RetainedEarningsAccumulatedLosses2023-07-3113512745core:ShareCapital2022-07-3113512745core:SharePremium2022-07-3113512745core:RevaluationReserve2022-07-3113512745core:OtherReservesSubtotal2022-07-3113512745core:RetainedEarningsAccumulatedLosses2022-07-3113512745core:LandBuildings2023-07-3113512745core:PlantMachinery2023-07-3113512745core:Vehicles2023-07-3113512745core:FurnitureFittings2023-07-3113512745core:OfficeEquipment2023-07-3113512745core:NetGoodwill2023-07-3113512745core:IntangibleAssetsOtherThanGoodwill2023-07-3113512745core:ListedExchangeTraded2023-07-3113512745core:UnlistedNon-exchangeTraded2023-07-3113512745core:LandBuildings2022-07-3113512745core:PlantMachinery2022-07-3113512745core:Vehicles2022-07-3113512745core:FurnitureFittings2022-07-3113512745core:OfficeEquipment2022-07-3113512745core:NetGoodwill2022-07-3113512745core:IntangibleAssetsOtherThanGoodwill2022-07-3113512745core:ListedExchangeTraded2022-07-3113512745core:UnlistedNon-exchangeTraded2022-07-3113512745core:LandBuildings2022-08-012023-07-3113512745core:PlantMachinery2022-08-012023-07-3113512745core:Vehicles2022-08-012023-07-3113512745core:FurnitureFittings2022-08-012023-07-3113512745core:OfficeEquipment2022-08-012023-07-3113512745core:NetGoodwill2022-08-012023-07-3113512745core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3113512745core:ListedExchangeTraded2022-08-012023-07-3113512745core:UnlistedNon-exchangeTraded2022-08-012023-07-3113512745core:MoreThanFiveYears2022-08-012023-07-3113512745core:Non-currentFinancialInstruments2023-07-3113512745core:Non-currentFinancialInstruments2022-07-3113512745dpl:CostSales2022-08-012023-07-3113512745dpl:DistributionCosts2022-08-012023-07-3113512745core:LandBuildings2022-08-012023-07-3113512745core:PlantMachinery2022-08-012023-07-3113512745core:Vehicles2022-08-012023-07-3113512745core:FurnitureFittings2022-08-012023-07-3113512745core:OfficeEquipment2022-08-012023-07-3113512745dpl:AdministrativeExpenses2022-08-012023-07-3113512745core:NetGoodwill2022-08-012023-07-3113512745core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3113512745dpl:GroupUndertakings2022-08-012023-07-3113512745dpl:ParticipatingInterests2022-08-012023-07-3113512745dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3113512745core:ListedExchangeTraded2022-08-012023-07-3113512745dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3113512745core:UnlistedNon-exchangeTraded2022-08-012023-07-3113512745dpl:CostSales2021-07-152022-07-3113512745dpl:DistributionCosts2021-07-152022-07-3113512745core:LandBuildings2021-07-152022-07-3113512745core:PlantMachinery2021-07-152022-07-3113512745core:Vehicles2021-07-152022-07-3113512745core:FurnitureFittings2021-07-152022-07-3113512745core:OfficeEquipment2021-07-152022-07-3113512745dpl:AdministrativeExpenses2021-07-152022-07-3113512745core:NetGoodwill2021-07-152022-07-3113512745core:IntangibleAssetsOtherThanGoodwill2021-07-152022-07-3113512745dpl:GroupUndertakings2021-07-152022-07-3113512745dpl:ParticipatingInterests2021-07-152022-07-3113512745dpl:GroupUndertakingscore:ListedExchangeTraded2021-07-152022-07-3113512745core:ListedExchangeTraded2021-07-152022-07-3113512745dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-07-152022-07-3113512745core:UnlistedNon-exchangeTraded2021-07-152022-07-3113512745core:NetGoodwill2023-07-3113512745core:IntangibleAssetsOtherThanGoodwill2023-07-3113512745core:LandBuildings2023-07-3113512745core:PlantMachinery2023-07-3113512745core:Vehicles2023-07-3113512745core:FurnitureFittings2023-07-3113512745core:OfficeEquipment2023-07-3113512745core:AfterOneYear2023-07-3113512745core:WithinOneYear2023-07-3113512745core:ListedExchangeTraded2023-07-3113512745core:UnlistedNon-exchangeTraded2023-07-3113512745core:ShareCapital2023-07-3113512745core:SharePremium2023-07-3113512745core:RevaluationReserve2023-07-3113512745core:OtherReservesSubtotal2023-07-3113512745core:RetainedEarningsAccumulatedLosses2023-07-3113512745core:NetGoodwill2022-07-3113512745core:IntangibleAssetsOtherThanGoodwill2022-07-3113512745core:LandBuildings2022-07-3113512745core:PlantMachinery2022-07-3113512745core:Vehicles2022-07-3113512745core:FurnitureFittings2022-07-3113512745core:OfficeEquipment2022-07-3113512745core:AfterOneYear2022-07-3113512745core:WithinOneYear2022-07-3113512745core:ListedExchange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FFF2 LTD

Registered Number
13512745
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

FFF2 LTD
Company Information
for the year from 1 August 2022 to 31 July 2023

Directors

Melissa Hofert
William Rupert Coldstream Clunie Cunningham
MOORE, Richard James
Christopher John Thornton Dees

Registered Address

41 Devonshire Street
London
W1G 7AJ

Registered Number

13512745 (England and Wales)
FFF2 LTD
Balance Sheet as at
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets387,18094,096
Tangible assets49,55812,938
96,738107,034
Current assets
Debtors51,886,9931,559,388
Cash at bank and on hand219,03175,832
2,106,0241,635,220
Creditors amounts falling due within one year6(148,867)(61,372)
Net current assets (liabilities)1,957,1571,573,848
Total assets less current liabilities2,053,8951,680,882
Creditors amounts falling due after one year7(1,759,750)(1,317,000)
Provisions for liabilities8(289,497)(27,159)
Net assets4,648336,723
Capital and reserves
Called up share capital1010
Share premium381,734381,734
Profit and loss account(377,096)(45,021)
Shareholders' funds4,648336,723
The financial statements were approved and authorised for issue by the Board of Directors on 18 April 2024, and are signed on its behalf by:
Melissa Hofert
Director
Registered Company No. 13512745
FFF2 LTD
Notes to the Financial Statements
for the year ended 31 July 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The company was incorporated on 15 July 2021 and commenced trading on the same date.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of 15 years. Intellectual property, domain and database are being amortised evenly over the useful life of four years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Vehicles5
Office Equipment3
2.Average number of employees

20232022
Average number of employees during the year55
3.Intangible assets

Goodwill

Other

Total

£££
Cost or valuation
At 01 August 22100,0001,000101,000
At 31 July 23100,0001,000101,000
Amortisation and impairment
At 01 August 226,6672376,904
Charge for year6,6672496,916
At 31 July 2313,33448613,820
Net book value
At 31 July 2386,66651487,180
At 31 July 2293,33376394,096
4.Tangible fixed assets

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 August 2215,0001,13916,139
At 31 July 2315,0001,13916,139
Depreciation and impairment
At 01 August 222,8443573,201
Charge for year3,0003803,380
At 31 July 235,8447376,581
Net book value
At 31 July 239,1564029,558
At 31 July 2212,15678212,938
5.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables1,827,8991,521,318
Other debtors171432
Prepayments and accrued income58,92337,638
Total1,886,9931,559,388
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.
6.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables47,41940,641
Taxation and social security1,5532,540
Accrued liabilities and deferred income99,89518,191
Total148,86761,372
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.
7.Creditors: amounts due after one year

2023

2022

££
Other creditors1,759,7501,317,000
Total1,759,7501,317,000
8.Provisions for liabilities

2023

2022

££
Other provisions289,49727,159
Total289,49727,159