Company Registration No. 13770974 (England and Wales)
4FRIENDS SS1 LIMITED
Accounts
for the year ended 30 November 2023
4FRIENDS SS1 LIMITED
Accounts
Contents
4FRIENDS SS1 LIMITED
Statement of financial position
as at 30 November 2023
Intangible assets
90,781
94,728
Tangible assets
4,912
6,140
Cash at bank and in hand
4,017
1,734
Creditors: amounts falling due within one year
(163,863)
(130,363)
Net current liabilities
(128,469)
(118,694)
Net liabilities
(32,776)
(17,826)
Called up share capital
1,000
1,000
Profit and loss account
(33,776)
(18,826)
Shareholders' funds
(32,776)
(17,826)
For the year ending 30 November 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 16 August 2024 and were signed on its behalf by
Sandra Van DEVENTER
Director
Company Registration No. 13770974
4FRIENDS SS1 LIMITED
Notes to the Accounts
for the year ended 30 November 2023
4FRIENDS SS1 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13770974. The registered office is 152-160 City Road, London, EC1V 2NX, 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.
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:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 30 November 2023
98,675
At 30 November 2023
90,781
At 30 November 2022
94,728
4FRIENDS SS1 LIMITED
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2022
7,000
675
7,675
At 30 November 2023
7,000
675
7,675
At 1 December 2022
1,400
135
1,535
Charge for the year
1,120
108
1,228
At 30 November 2023
2,520
243
2,763
At 30 November 2023
4,480
432
4,912
At 30 November 2022
5,600
540
6,140
Amounts falling due within one year
Other debtors
31,377
9,685
7
Creditors: amounts falling due within one year
2023
2022
Other creditors
48,413
13,013
Loans from directors
114,000
117,000
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).