2 May 2023 false No description of principal activity Taxfiler 2024.5 14840179business:PrivateLimitedCompanyLtd2023-05-022024-05-31 148401792023-05-01 148401792023-05-022024-05-31 14840179business:AuditExemptWithAccountantsReport2023-05-022024-05-31 14840179business:FilletedAccounts2023-05-022024-05-31 148401792024-05-31 14840179business:Director12023-05-022024-05-31 14840179business:RegisteredOffice2023-05-022024-05-31 14840179core:WithinOneYear2024-05-31 14840179core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14840179core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14840179core:PreviouslyStatedAmount2024-05-31 14840179business:SmallEntities2023-05-022024-05-31 14840179countries:EnglandWales2023-05-022024-05-31 14840179core:AfterOneYear2024-05-31 14840179business:OrdinaryShareClass12023-05-022024-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14840179 (England and Wales)
Fourwise Ltd Unaudited accounts for the period from 2 May 2023 to 31 May 2024
Fourwise Ltd Unaudited accounts Contents
Page
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Fourwise Ltd Company Information for the period from 2 May 2023 to 31 May 2024
Director
Andoni Galiotzakis
Company Number
14840179 (England and Wales)
Registered Office
2 Paul Gardens Croydon CR0 5QL England
Accountants
Milton & Co International Accountants 2 Paul Gardens Croydon Surrey CR0 5QL
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Fourwise Ltd Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Current assets
Debtors
30,660 
Cash at bank and in hand
4 
30,664 
Creditors: amounts falling due within one year
(38,884)
Net current liabilities
(8,220)
Net liabilities
(8,220)
Capital and reserves
Called up share capital
100 
Profit and loss account
(8,320)
Shareholders' funds
(8,220)
For the period ending 31 May 2024 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 9 July 2024 and were signed on its behalf by
Andoni Galiotzakis Director Company Registration No. 14840179
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Fourwise Ltd Notes to the Accounts for the period from 2 May 2023 to 31 May 2024
1
Statutory information
Fourwise Ltd is a private company, limited by shares, registered in England and Wales, registration number 14840179. The registered office is 2 Paul Gardens, Croydon, CR0 5QL, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Principal Activities
The principal activity of the Company is that of education services.
Dividends
The Director does not recommend the payment of a Dividend.
4
Debtors
2024 
£ 
Amounts falling due after more than one year
Trade debtors
30,660 
5
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
10,518 
Loans from directors
9,692 
Accruals
18,674 
38,884 
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Fourwise Ltd Notes to the Accounts for the period from 2 May 2023 to 31 May 2024
6
Share capital
2024 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
7
Average number of employees
During the period the average number of employees was 3.
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