Registered number
06591789
4 Fortescue Road Management Limited
Filleted Accounts
31 May 2024
4 Fortescue Road Management Limited
Registered number: 06591789
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,000 2,000
Current assets
Debtors 4 2,431 5
Cash at bank and in hand 1,752 2,805
4,183 2,810
Creditors: amounts falling due within one year 5 (1,368) (599)
Net current assets 2,815 2,211
Net assets 4,815 4,211
Capital and reserves
Called up share capital 5 5
Revaluation reserve 6 2,000 2,000
Profit and loss account 2,810 2,206
Shareholders' funds 4,815 4,211
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C L Reece
Director
Approved by the board on 26 February 2025
4 Fortescue Road Management Limited
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents amounts receivable from the letting of property.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land and buildings not depreciated
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 5 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 June 2023 2,000
At 31 May 2024 2,000
Depreciation
At 31 May 2024 -
Net book value
At 31 May 2024 2,000
At 31 May 2023 2,000
4 Debtors 2024 2023
£ £
Other debtors 2,431 5
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 1,368 599
6 Other reserve 2024 2023
£ £
At 1 June 2023 2,000 2,000
At 31 May 2024 2,000 2,000
7 Other information
4 Fortescue Road Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
Wessex House
St. Leonards Road
Bournemouth
BH8 8QS
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