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REGISTERED NUMBER: 12285424 (England and Wales)















Abridged Financial Statements for the Year Ended 31 October 2023

for

4POINT5 LTD

4POINT5 LTD (Registered number: 12285424)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


4POINT5 LTD

Company Information
for the Year Ended 31 October 2023







DIRECTORS: D P Strand
M E Smith





SECRETARY:





REGISTERED OFFICE: Unit 3 Stanley Court
Shearway Business Park
Shearway Road
Folkestone
Kent
CT19 4FJ





REGISTERED NUMBER: 12285424 (England and Wales)





ACCOUNTANTS: Ashbourne Self-Assessment Services Ltd
Unit 3 Stanley Court
Shearway Business Park
Shearway Road
Folkestone
Kent
CT19 4FJ

4POINT5 LTD (Registered number: 12285424)

Abridged Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,457,566 1,232,566

CURRENT ASSETS
Debtors 848 978
Cash at bank 14,054 6,517
14,902 7,495
CREDITORS
Amounts falling due within one year 206,005 208,338
NET CURRENT LIABILITIES (191,103 ) (200,843 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,266,463

1,031,723

CREDITORS
Amounts falling due after more than one
year

5

(982,251

)

(975,554

)

PROVISIONS FOR LIABILITIES 7 (82,000 ) (25,750 )
NET ASSETS 202,212 30,419

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 202,210 30,417
SHAREHOLDERS' FUNDS 202,212 30,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

4POINT5 LTD (Registered number: 12285424)

Abridged Balance Sheet - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:





D P Strand - Director


4POINT5 LTD (Registered number: 12285424)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

4POINT5 LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4POINT5 LTD (Registered number: 12285424)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022 1,232,566
Revaluations 225,000
At 31 October 2023 1,457,566
NET BOOK VALUE
At 31 October 2023 1,457,566
At 31 October 2022 1,232,566

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2023 1,457,566

If investment properties had not been revalued they would have been included at the following historical cost:

31.10.23 31.10.22
£    £   
Cost 1,129,566 1,129,566

Investment properties were valued on an open market basis on 31 October 2023 by the Directors .

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.10.23 31.10.22
£    £   
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 982,251 975,554

6. LOANS

An analysis of the maturity of loans is given below:

31.10.23 31.10.22
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 982,251 975,554

7. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax 82,000 25,750

4POINT5 LTD (Registered number: 12285424)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 November 2022 25,750
Provided during year 56,250
Balance at 31 October 2023 82,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
2 Ordinary 1 2 2

9. RESERVES
Retained
earnings
£   

At 1 November 2022 30,417
Profit for the year 171,793
At 31 October 2023 202,210