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Company Registration No. 14067723 (England and Wales)
Fortunes Valley Ltd Unaudited accounts for the year ended 30 April 2024
Fortunes Valley Ltd Unaudited accounts Contents
Page
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Fortunes Valley Ltd Company Information for the year ended 30 April 2024
Director
Xiangchun LI
Company Number
14067723 (England and Wales)
Registered Office
Fortune House 2 Priory Street Carmarthen Dyfed SA31 1LS Wales
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Fortunes Valley Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,006 
- 
Current assets
Inventories
3,876 
2,727 
Debtors
3,487 
- 
Cash at bank and in hand
38,645 
38,555 
46,008 
41,282 
Creditors: amounts falling due within one year
(15,406)
(21,165)
Net current assets
30,602 
20,117 
Net assets
31,608 
20,117 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
31,607 
20,116 
Shareholders' funds
31,608 
20,117 
For the year ending 30 April 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 10 January 2025 and were signed on its behalf by
Xiangchun LI Director Company Registration No. 14067723
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Fortunes Valley Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Fortunes Valley Ltd is a private company, limited by shares, registered in England and Wales, registration number 14067723. The registered office is Fortune House, 2 Priory Street, Carmarthen, Dyfed, SA31 1LS, Wales.
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 remained unchanged from the previous year, and also 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.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
- 
Additions
1,257 
At 30 April 2024
1,257 
Depreciation
Charge for the year
251 
At 30 April 2024
251 
Net book value
At 30 April 2024
1,006 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,365 
- 
Other debtors
2,122 
- 
3,487 
- 
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Fortunes Valley Ltd Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
12,543 
10,678 
Taxes and social security
3,224 
6,707 
Proposed dividends
2,000 
2,000 
Loans from directors
(4,292)
280 
Accruals
1,931 
1,500 
15,406 
21,165 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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