Company Registration No. 04768102 (England and Wales)
Fort Knox Developments Limited
Unaudited accounts
for the year ended 31 May 2024
Fort Knox Developments Limited
Unaudited accounts
Contents
Fort Knox Developments Limited
Company Information
for the year ended 31 May 2024
Directors
Mrs. Kalpna Mistry
Mr. Alkesh Mistry
Ms. Rita Mistry
Mr. Pravin Mistry
Company Number
04768102 (England and Wales)
Registered Office
61 Albert St
Rugby
Warwks
CV21 2SN
Accountants
Winkle and Co Accountants
61 Albert Street
Rugby
CV21 2SN
Fort Knox Developments Limited
Statement of financial position
as at 31 May 2024
Tangible assets
252,584
253,383
Cash at bank and in hand
139,444
120,999
Creditors: amounts falling due within one year
(370,371)
(355,371)
Net current liabilities
(230,927)
(234,372)
Called up share capital
18
18
Profit and loss account
21,639
18,993
Shareholders' funds
21,657
19,011
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 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 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 of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by
Mr. Pravin Mistry
Director
Company Registration No. 04768102
Fort Knox Developments Limited
Notes to the Accounts
for the year ended 31 May 2024
Fort Knox Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 04768102. The registered office is 61 Albert St, Rugby, Warwks, CV21 2SN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following reducing balance rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
249,606
12,000
12,853
274,459
At 31 May 2024
249,606
12,000
12,853
274,459
At 1 June 2023
-
9,672
11,404
21,076
Charge for the year
-
582
217
799
At 31 May 2024
-
10,254
11,621
21,875
At 31 May 2024
249,606
1,746
1,232
252,584
At 31 May 2023
249,606
2,328
1,449
253,383
Fort Knox Developments Limited
Notes to the Accounts
for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
625
725
Loans from directors
369,056
353,956
Allotted, called up and fully paid:
18 Ordinary shares of £1 each
18
18
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).