Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07103668 Dr Shakha Mehta Dr Anil Mehta iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07103668 2022-12-31 07103668 2023-12-31 07103668 2023-01-01 2023-12-31 07103668 frs-core:CurrentFinancialInstruments 2023-12-31 07103668 frs-core:Non-currentFinancialInstruments 2023-12-31 07103668 frs-core:FurnitureFittings 2023-12-31 07103668 frs-core:FurnitureFittings 2023-01-01 2023-12-31 07103668 frs-core:FurnitureFittings 2022-12-31 07103668 frs-core:ShareCapital 2023-12-31 07103668 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07103668 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07103668 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07103668 frs-bus:SmallEntities 2023-01-01 2023-12-31 07103668 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07103668 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07103668 frs-bus:Director1 2023-01-01 2023-12-31 07103668 frs-bus:Director2 2023-01-01 2023-12-31 07103668 frs-countries:EnglandWales 2023-01-01 2023-12-31 07103668 2021-12-31 07103668 2022-12-31 07103668 2022-01-01 2022-12-31 07103668 frs-core:CurrentFinancialInstruments 2022-12-31 07103668 frs-core:Non-currentFinancialInstruments 2022-12-31 07103668 frs-core:ShareCapital 2022-12-31 07103668 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07103668
Fouress Enterprises Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Augustus & Co
Chartered Certified Accountants
374 Ley Street
Ilford
Essex
IG1 4AE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07103668
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 214 529
Investment Properties 5 1,986,997 1,986,997
1,987,211 1,987,526
CURRENT ASSETS
Debtors 6 - 9,184
Cash at bank and in hand 56,261 20,195
56,261 29,379
Creditors: Amounts Falling Due Within One Year 7 (18,811 ) (13,968 )
NET CURRENT ASSETS (LIABILITIES) 37,450 15,411
TOTAL ASSETS LESS CURRENT LIABILITIES 2,024,661 2,002,937
Creditors: Amounts Falling Due After More Than One Year 8 (1,150,000 ) (1,160,000 )
NET ASSETS 874,661 842,937
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 874,561 842,837
SHAREHOLDERS' FUNDS 874,661 842,937
Page 1
Page 2
For the year ending 31 December 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Anil Mehta
Director
21 September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fouress Enterprises Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07103668 . The registered office is Linton, 75 Hainault Road, Chigwell, Essex, IG7 5DL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% on straight line
2.4. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 3 2
3 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 5,985
As at 31 December 2023 5,985
Depreciation
As at 1 January 2023 5,456
Provided during the period 315
As at 31 December 2023 5,771
Net Book Value
As at 31 December 2023 214
As at 1 January 2023 529
Page 3
Page 4
5. Investment Property
2023
£
Fair Value
As at 1 January 2023 and 31 December 2023 1,986,997
6. Debtors
2023 2022
£ £
Due within one year
Corporation tax recoverable assets - 9,184
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 475
Bank loans and overdrafts 734 -
Corporation tax 8,082 -
Other taxes and social security 4,075 3,908
Accruals and deferred income 1,080 1,920
Directors' loan accounts 4,840 7,665
18,811 13,968
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Directors loan account 1,150,000 1,160,000
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4