FOURNIER GROUP LTD

Company Registration Number:
13175332 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

FOURNIER GROUP LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

FOURNIER GROUP LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Called up share capital not paid: 1,455,000 1,455,000
Fixed assets
Intangible assets: 3 6,187,368 4,181,333
Tangible assets: 4 6,156,739 3,109,332
Investments: 5 3,718,749 1,089,325
Total fixed assets: 16,062,856 8,379,990
Current assets
Stocks: 7,268,834 3,186,118
Debtors: 6 2,193,783 872,332
Cash at bank and in hand: 1,083,937 3,109,223
Investments:   4,107,399 2,431,223
Total current assets: 14,653,953 9,598,896
Creditors: amounts falling due within one year:   (716,738) (413,221)
Net current assets (liabilities): 13,937,215 9,185,675
Total assets less current liabilities: 31,455,071 19,020,665
Creditors: amounts falling due after more than one year:   (391,783) (182,672)
Provision for liabilities: (73,773) (31,686)
Total net assets (liabilities): 30,989,515 18,806,307
Capital and reserves
Called up share capital: 1,455,000 1,455,000
Share premium account: 27,393,396 16,162,134
Revaluation reserve:71,083,783641,086
Other reserves: 1,028,838 541,889
Profit and loss account: 28,498 6,198
Shareholders funds: 30,989,515 18,806,307

The notes form part of these financial statements

FOURNIER GROUP LTD

Balance sheet statements

For the year ending 28 February 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 November 2024
and signed on behalf of the board by:

Name: Louis Fournier
Status: Director

The notes form part of these financial statements

FOURNIER GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

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

FOURNIER GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 26 13

FOURNIER GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 4,181,333
Additions 2,006,035
Disposals (402,748)
Revaluations 319,964
Transfers 82,784
At 28 February 2024 6,187,368
Net book value
At 28 February 2024 6,187,368
At 28 February 2023 4,181,333

FOURNIER GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 3,109,332
Additions 3,047,407
Disposals (628,842)
Revaluations 38,748
Transfers 590,094
At 28 February 2024 6,156,739
Net book value
At 28 February 2024 6,156,739
At 28 February 2023 3,109,332

FOURNIER GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Fixed investments

Fournier Group Ltd purchases Speedy wiz £208,600, 5-year corporate bond. 4% Annual interest rate on August 1st, 2023. Fournier Group Ltd purchases Direct link Co. £308,727 7-year corporate bond. 3.2% annual interest rate on 13 September 2023.

FOURNIER GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

6. Debtors

2024 2023
££
Debtors due after more than one year: 407,224 208,453

Company Name: FKD LLC December 13, 2023 Inventory: £192,540 Due within 30 days: £58,828 Due within 60 days: £37,927 Due within 90 days: £95785

FOURNIER GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

7. Revaluation reserve

2024
£
Balance at 01 March 2023 641,086
Surplus or deficit after revaluation 442,697
Balance at 28 February 2024 1,083,783

FOURNIER GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

8. Financial commitments

Fournier Group Ltd has entered into contractual commitments that require future use of financial resources. It has amounts of long-term lease obligations. On October 1, 2023, Fournier Group Ltd signed agreement with Nascom PGL LLC in connection to 187383.75 document leases.