FOURDEES LIMITED

Company Registration Number:
02481349 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

FOURDEES LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Mrs Catherine Wells
Secretary: Mr Dominic Wells
Registered office: 16
Strafford Street
Darton
Barnsley
South Yorkshire
S75 5LE
Company Registration Number: 02481349 (England and Wales)

FOURDEES LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The principal activity of the company in the period under review was the assembly and sale of specialist model railway products.

Additional information

The company is a Close Company, as defined in Section 439 of the Corporation Tax Act 2010.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Mrs Catherine Wells

Secretary
Mr Dominic Wells

This report was approved by the board of directors on 19 November 2024
And Signed On Behalf Of The Board By:

Name: Mrs Catherine Wells
Status: Director

FOURDEES LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 67,018 48,425
Cost of sales ( 17,662 ) ( 22,539 )
Gross Profit or (Loss) 49,356 25,886
Distribution Costs ( 5,748 ) ( 4,528 )
Administrative Expenses ( 42,124 ) ( 14,749 )
Operating Profit or (Loss) 1,484 6,609
Interest Payable and Similar Charges ( 716 ) ( 223 )
Profit or (Loss) Before Tax 4 768 6,386
Tax on Profit ( 146 ) ( 824 )
Profit or (Loss) for Period 622 5,562

The notes form part of these financial statements

FOURDEES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 0 1,870
Total fixed assets: 0 1,870
Current assets
Stocks: 34,788 41,862
Cash at bank and in hand: 19,456 16,389
Total current assets: 54,244 58,251
Net current assets (liabilities): 54,244 58,251
Total assets less current liabilities: 54,244 60,121
Provision for liabilities: ( 44,837 ) ( 51,336 )
Total net assets (liabilities): 9,407 8,785

The notes form part of these financial statements

FOURDEES LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 9,307 8,685
Shareholders funds: 9,407 8,785

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 19 November 2024
And Signed On Behalf Of The Board By:

Name: Mrs Catherine Wells
Status: Director

The notes form part of these financial statements

FOURDEES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the total invoiced for services and goods supplied during this period, excluding VAT.
    The turnover was in connection with the company’s principal activities and took place within the United Kingdom.

FOURDEES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 1

    Director Mrs Catherine Wells was the sole employee on the payroll of the company for 2022-23, and two further staff were employed during 2023-24.

FOURDEES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

FOURDEES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4.Profit or (Loss) before tax

Annual Investment Allowance (AIA) of £2,049 was claimed on 2022-23 tax return, and deducted from 'Profit (or Loss) Before Tax' figure prior to tax being calculated. No AIA has been claimed on 2023-24 tax return.

FOURDEES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2023 1,870 1,870
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 1,870 1,870
Depreciation
At 01 April 2023 - -
Charge for year - -
On disposals - -
Other adjustments 1,870 1,870
At 31 March 2024 1,870 1,870
Net book value
At 31 March 2024 0 0
At 31 March 2023 1,870 1,870

Equipment still owned by the company, however net book value is zero as claimed Annual Investment Allowance for the full cost in 2022-23 tax year.