FOURTH ELEMENT LIMITED

Company Registration Number:
04211360 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

FOURTH ELEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

FOURTH ELEMENT LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 76,361 82,361
Tangible assets: 4 891,033 880,443
Total fixed assets: 967,394 962,804
Current assets
Stocks: 2,786,670 3,153,092
Debtors: 5 803,969 577,931
Cash at bank and in hand: 80,518 179,762
Total current assets: 3,671,157 3,910,785
Creditors: amounts falling due within one year: 6 (2,318,373) (2,577,750)
Net current assets (liabilities): 1,352,784 1,333,035
Total assets less current liabilities: 2,320,178 2,295,839
Creditors: amounts falling due after more than one year: 7 (650,720) (758,805)
Total net assets (liabilities): 1,669,458 1,537,034
Capital and reserves
Called up share capital: 100 100
Share premium account: 2,992 2,992
Revaluation reserve:8239,833239,833
Profit and loss account: 1,426,533 1,294,109
Shareholders funds: 1,669,458 1,537,034

The notes form part of these financial statements

FOURTH ELEMENT LIMITED

Balance sheet statements

For the year ending 31 May 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 21 February 2025
and signed on behalf of the board by:

Name: J Standing
Status: Director

The notes form part of these financial statements

FOURTH ELEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 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

FOURTH ELEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 38 38

FOURTH ELEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Intangible Assets

Total
Cost £
At 01 June 2023 178,361
At 31 May 2024 178,361
Amortisation
At 01 June 2023 96,000
Charge for year 6,000
At 31 May 2024 102,000
Net book value
At 31 May 2024 76,361
At 31 May 2023 82,361

FOURTH ELEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 1,216,556
Additions 44,358
At 31 May 2024 1,260,914
Depreciation
At 01 June 2023 336,113
Charge for year 33,768
At 31 May 2024 369,881
Net book value
At 31 May 2024 891,033
At 31 May 2023 880,443

FOURTH ELEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

FOURTH ELEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due within one year note

Bank Loans and Overdrafts £1999684 Trade Creditors £ 50847 Taxation and Soc. Security £ 162788 Other Creditors £ 105054 Total £2318373

FOURTH ELEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

7. Creditors: amounts falling due after more than one year note

Fleximize Loan £75309 HP Solar Panels £ 2919 Commercial Mortgage £243119 Business Interruption Loan £211448 RLS Loan £ 117925 Total £650720

FOURTH ELEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

8. Revaluation reserve

2024
£
Balance at 01 June 2023 239,833
Surplus or deficit after revaluation 0
Balance at 31 May 2024 239,833