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Company Registration No. 14096731 (England and Wales)
Foggy Drizzle Limited Unaudited accounts for the year ended 31 May 2024
Foggy Drizzle Limited Unaudited accounts Contents
Page
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Foggy Drizzle Limited Company Information for the year ended 31 May 2024
Director
JIN, Fei
Company Number
14096731 (England and Wales)
Registered Office
124 City Road London EC1V 2NX United Kingdom
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Foggy Drizzle Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
34,000 
- 
Cash at bank and in hand
1,959 
492 
35,959 
492 
Creditors: amounts falling due within one year
(10,010)
(5,181)
Net current assets/(liabilities)
25,949 
(4,689)
Total assets less current liabilities
25,949 
(4,689)
Creditors: amounts falling due after more than one year
(41,887)
(20,000)
Net liabilities
(15,938)
(24,689)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(16,038)
(24,789)
Shareholders' funds
(15,938)
(24,689)
For the year 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 her 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 18 February 2025 and were signed on its behalf by
JIN, Fei Director Company Registration No. 14096731
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Foggy Drizzle Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Foggy Drizzle Limited is a private company, limited by shares, registered in England and Wales, registration number 14096731. The registered office is 124 City Road, London, EC1V 2NX, United Kingdom.
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
These financial statements for the year ended 31 May 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 10 May 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,000 
- 
Other debtors
6,000 
- 
34,000 
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
4,143 
1,410 
Other creditors
5,867 
3,771 
10,010 
5,181 
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Foggy Drizzle Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
- 
20,000 
Loans from directors
41,887 
- 
41,887 
20,000 
Aggregate of amounts that fall due for payment after five years
20,000 
20,000 
This is an unsecured long term Loan from shareholder, which is subordinated in favour of third party creditors.
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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