4EVER UK LONDON LTD
Statement of financial position
as at 31 October 2023
Intangible assets
65,182
-
Tangible assets
4,376
1,570
Cash at bank and in hand
43,207
1,432
Creditors: amounts falling due within one year
(79,948)
(38,258)
Net current liabilities
(29,241)
(36,826)
Total assets less current liabilities
40,317
(35,256)
Creditors: amounts falling due after more than one year
(118,460)
(45,760)
Net liabilities
(78,143)
(81,016)
Called up share capital
1
1
Profit and loss account
(78,144)
(81,017)
Shareholders' funds
(78,143)
(81,016)
For the year ending 31 October 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 her 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 19 July 2024 and were signed on its behalf by
Mrs Y HAN
Director
Company Registration No. 12290230
4EVER UK LONDON LTD
Notes to the Accounts
for the year ended 31 October 2023
4EVER UK LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 12290230. The registered office is 15 The Green, Ealing, London, W5 5DA, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line
Fixtures & fittings
10% reducing balance
Computer equipment
15% reducing balance
Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets are included at cost less accumulated amortisation.
4EVER UK LONDON LTD
Notes to the Accounts
for the year ended 31 October 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
-
2,556
2,556
At 31 October 2023
3,379
2,556
5,935
At 1 November 2022
-
986
986
Charge for the year
338
235
573
At 31 October 2023
338
1,221
1,559
At 31 October 2023
3,041
1,335
4,376
At 31 October 2022
-
1,570
1,570
Amounts falling due after more than one year
Accrued income and prepayments
7,500
-
7
Creditors: amounts falling due within one year
2023
2022
Other creditors
20,553
2,556
Loans from directors
35,404
35,404
4EVER UK LONDON LTD
Notes to the Accounts
for the year ended 31 October 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
45,760
45,760
Loans from directors
72,700
-
9
Average number of employees
During the year the average number of employees was 15 (2022: 1).