FORTY SEVEN LIMITED

Company Registration Number:
10627046 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

FORTY SEVEN LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

FORTY SEVEN LIMITED

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 675,748 675,748
Tangible assets: 4 4,263 4,725
Investments: 5 18,292 21,520
Total fixed assets: 698,303 701,993
Current assets
Debtors:   219,090 230,853
Cash at bank and in hand: 74,351 54,988
Total current assets: 293,441 285,841
Creditors: amounts falling due within one year:   (239,468) (218,856)
Net current assets (liabilities): 53,973 66,985
Total assets less current liabilities: 752,276 768,978
Creditors: amounts falling due after more than one year:   (525,720) (341,521)
Total net assets (liabilities): 226,556 427,457
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 226,456 427,357
Shareholders funds: 226,556 427,457

The notes form part of these financial statements

FORTY SEVEN LIMITED

Balance sheet statements

For the year ending 29 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 30 November 2024
and signed on behalf of the board by:

Name: Igors ACTAPCIKS
Status: Director

The notes form part of these financial statements

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 29 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

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 6 7

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 675,748
At 29 February 2024 675,748
Net book value
At 29 February 2024 675,748
At 28 February 2023 675,748

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 29,289
Additions 2,344
At 29 February 2024 31,633
Depreciation
At 01 March 2023 24,564
Charge for year 2,806
At 29 February 2024 27,370
Net book value
At 29 February 2024 4,263
At 28 February 2023 4,725

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Fixed investments

Investment in the share capital (25%) of the trading limited company of alternative energy recourses.

FORTY SEVEN LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Loans to directors

Loans to directors are fully repaid at the date of filling accounts.