14 April 2022 false No description of principal activity Taxfiler 2024.1 14048518business:PrivateLimitedCompanyLtd2022-04-142023-04-30 140485182022-04-13 140485182022-04-142023-04-30 14048518business:AuditExempt-NoAccountantsReport2022-04-142023-04-30 14048518business:FilletedAccounts2022-04-142023-04-30 140485182023-04-30 14048518business:Director12022-04-142023-04-30 14048518business:RegisteredOffice2022-04-142023-04-30 14048518core:WithinOneYear2023-04-30 14048518core:AfterOneYear2023-04-30 14048518core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 14048518core:PreviouslyStatedAmount2023-04-30 14048518business:SmallEntities2022-04-142023-04-30 14048518countries:EnglandWales2022-04-142023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 14048518 (England and Wales)
Fortitudo (rentals 2) Limited Unaudited accounts for the period from 14 April 2022 to 30 April 2023
Fortitudo (rentals 2) Limited Unaudited accounts Contents
Page
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Fortitudo (rentals 2) Limited Company Information for the period from 14 April 2022 to 30 April 2023
Director
Richard Carr
Company Number
14048518 (England and Wales)
Registered Office
Fortitudo Property 153 Commercial Road Poole Dorset BH14 0JD England
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Fortitudo (rentals 2) Limited Statement of financial position as at 30 April 2023
2023 
Notes
£ 
Fixed assets
Investment property
641,765 
Current assets
Cash at bank and in hand
2,005 
Creditors: amounts falling due within one year
(175,736)
Net current liabilities
(173,731)
Total assets less current liabilities
468,034 
Creditors: amounts falling due after more than one year
(479,965)
Net liabilities
(11,931)
Capital and reserves
Profit and loss account
(11,931)
Shareholders' funds
(11,931)
For the period ending 30 April 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 17 February 2024 and were signed on its behalf by
Richard Carr Director Company Registration No. 14048518
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Fortitudo (rentals 2) Limited Notes to the Accounts for the period from 14 April 2022 to 30 April 2023
1
Statutory information
Fortitudo (rentals 2) Limited is a private company, limited by shares, registered in England and Wales, registration number 14048518. The registered office is Fortitudo Property, 153 Commercial Road, Poole, Dorset, BH14 0JD, England.
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 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.
4
Investment property
2023 
£ 
Additions
641,765 
At 30 April 2023
641,765 
In accordance with FRS 102 Section 16 Investment Property, Investment Properties are not subject to periodic depreciation charges and are included in the balance sheet at fair value. The directors determine fair value by review of rental yields and current market conditions. There has been no valuation by an independent valuer who holds a recognised and relevant professional qualification during the year. Rents receivable from investment properties are credited to the profit and loss account on a straight line basis over the lease term.
5
Creditors: amounts falling due within one year
2023 
£ 
Other creditors
18,937 
Loans from directors
156,799 
175,736 
6
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
479,965 
7
Average number of employees
During the period the average number of employees was 1.
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