2023-08-012024-07-312024-07-31false13512745FFF2 LTD2025-04-17falseiso4217:GBPxbrli:pure135127452023-08-01135127452024-07-31135127452023-08-012024-07-31135127452022-08-01135127452023-07-31135127452022-08-012023-07-3113512745bus:SmallEntities2023-08-012024-07-3113512745bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3113512745bus:FullAccounts2023-08-012024-07-3113512745bus:PrivateLimitedCompanyLtd2023-08-012024-07-3113512745core:WithinOneYear2024-07-3113512745core:AfterOneYear2024-07-3113512745core:WithinOneYear2023-07-3113512745core:AfterOneYear2023-07-3113512745core:ShareCapital2024-07-3113512745core:SharePremium2024-07-3113512745core:RevaluationReserve2024-07-3113512745core:OtherReservesSubtotal2024-07-3113512745core:RetainedEarningsAccumulatedLosses2024-07-3113512745core:ShareCapital2023-07-3113512745core:SharePremium2023-07-3113512745core:RevaluationReserve2023-07-3113512745core:OtherReservesSubtotal2023-07-3113512745core:RetainedEarningsAccumulatedLosses2023-07-3113512745core:LandBuildings2024-07-3113512745core:PlantMachinery2024-07-3113512745core:Vehicles2024-07-3113512745core:FurnitureFittings2024-07-3113512745core:OfficeEquipment2024-07-3113512745core:NetGoodwill2024-07-3113512745core:IntangibleAssetsOtherThanGoodwill2024-07-3113512745core:ListedExchangeTraded2024-07-3113512745core:UnlistedNon-exchangeTraded2024-07-3113512745core:LandBuildings2023-07-3113512745core:PlantMachinery2023-07-3113512745core:Vehicles2023-07-3113512745core:FurnitureFittings2023-07-3113512745core:OfficeEquipment2023-07-3113512745core:NetGoodwill2023-07-3113512745core:IntangibleAssetsOtherThanGoodwill2023-07-3113512745core:ListedExchangeTraded2023-07-3113512745core:UnlistedNon-exchangeTraded2023-07-3113512745core:LandBuildings2023-08-012024-07-3113512745core:PlantMachinery2023-08-012024-07-3113512745core:Vehicles2023-08-012024-07-3113512745core:FurnitureFittings2023-08-012024-07-3113512745core:OfficeEquipment2023-08-012024-07-3113512745core:NetGoodwill2023-08-012024-07-3113512745core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3113512745core:ListedExchangeTraded2023-08-012024-07-3113512745core:UnlistedNon-exchangeTraded2023-08-012024-07-3113512745core:MoreThanFiveYears2023-08-012024-07-3113512745core:Non-currentFinancialInstruments2024-07-3113512745core:Non-currentFinancialInstruments2023-07-3113512745dpl:CostSales2023-08-012024-07-3113512745dpl:DistributionCosts2023-08-012024-07-3113512745core:LandBuildings2023-08-012024-07-3113512745core:PlantMachinery2023-08-012024-07-3113512745core:Vehicles2023-08-012024-07-3113512745core:FurnitureFittings2023-08-012024-07-3113512745core:OfficeEquipment2023-08-012024-07-3113512745dpl:AdministrativeExpenses2023-08-012024-07-3113512745core:NetGoodwill2023-08-012024-07-3113512745core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3113512745dpl:GroupUndertakings2023-08-012024-07-3113512745dpl:ParticipatingInterests2023-08-012024-07-3113512745dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3113512745core:ListedExchangeTraded2023-08-012024-07-3113512745dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3113512745core:UnlistedNon-exchangeTraded2023-08-012024-07-3113512745dpl:CostSales2022-08-012023-07-3113512745dpl:DistributionCosts2022-08-012023-07-3113512745core:LandBuildings2022-08-012023-07-3113512745core:PlantMachinery2022-08-012023-07-3113512745core:Vehicles2022-08-012023-07-3113512745core:FurnitureFittings2022-08-012023-07-3113512745core:OfficeEquipment2022-08-012023-07-3113512745dpl:AdministrativeExpenses2022-08-012023-07-3113512745core:NetGoodwill2022-08-012023-07-3113512745core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3113512745dpl:GroupUndertakings2022-08-012023-07-3113512745dpl:ParticipatingInterests2022-08-012023-07-3113512745dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3113512745core:ListedExchangeTraded2022-08-012023-07-3113512745dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3113512745core:UnlistedNon-exchangeTraded2022-08-012023-07-3113512745core:NetGoodwill2024-07-3113512745core:IntangibleAssetsOtherThanGoodwill2024-07-3113512745core:LandBuildings2024-07-3113512745core:PlantMachinery2024-07-3113512745core:Vehicles2024-07-3113512745core:FurnitureFittings2024-07-3113512745core:OfficeEquipment2024-07-3113512745core:AfterOneYear2024-07-3113512745core:WithinOneYear2024-07-3113512745core:ListedExchangeTraded2024-07-3113512745core:UnlistedNon-exchangeTraded2024-07-3113512745core:ShareCapital2024-07-3113512745core:SharePremium2024-07-3113512745core:RevaluationReserve2024-07-3113512745core:OtherReservesSubtotal2024-07-3113512745core:RetainedEarningsAccumulatedLosses2024-07-3113512745core:NetGoodwill2023-07-3113512745core:IntangibleAssetsOtherThanGoodwill2023-07-3113512745core:LandBuildings2023-07-3113512745core:PlantMachinery2023-07-3113512745core:Vehicles2023-07-3113512745core:FurnitureFittings2023-07-3113512745core:OfficeEquipment2023-07-3113512745core:AfterOneYear2023-07-3113512745core:WithinOneYear2023-07-3113512745core:ListedExc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FFF2 LTD

Registered Number
13512745
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

FFF2 LTD
Company Information
for the year from 1 August 2023 to 31 July 2024

Directors

Melissa Hofert
MOORE, Richard James
Christopher John Thornton Dees

Registered Address

Da Vinci Suite Pera Business Park
Nottingham Road
Melton Mowbray
LE13 0PB

Registered Number

13512745 (England and Wales)
FFF2 LTD
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets380,26387,180
Tangible assets46,5989,558
86,86196,738
Current assets
Debtors52,012,0141,886,993
Cash at bank and on hand106,742219,031
2,118,7562,106,024
Creditors amounts falling due within one year6(94,585)(148,867)
Net current assets (liabilities)2,024,1711,957,157
Total assets less current liabilities2,111,0322,053,895
Creditors amounts falling due after one year7(1,759,750)(1,759,750)
Provisions for liabilities8(345,885)(289,497)
Net assets5,3974,648
Capital and reserves
Called up share capital1010
Share premium381,734381,734
Profit and loss account(376,347)(377,096)
Shareholders' funds5,3974,648
The financial statements were approved and authorised for issue by the Board of Directors on 17 April 2025, and are signed on its behalf by:
Melissa Hofert
Director
Registered Company No. 13512745
FFF2 LTD
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The company was incorporated on 15 July 2021 and commenced trading on the same date.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of 15 years. Intellectual property, domain and database are being amortised evenly over the useful life of four years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Vehicles4
Office Equipment3
2.Average number of employees

20242023
Average number of employees during the year55
3.Intangible assets

Goodwill

Other

Total

£££
Cost or valuation
At 01 August 23100,0001,000101,000
At 31 July 24100,0001,000101,000
Amortisation and impairment
At 01 August 2313,33348713,820
Charge for year6,6672506,917
At 31 July 2420,00073720,737
Net book value
At 31 July 2480,00026380,263
At 31 July 2386,66751387,180
4.Tangible fixed assets

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 August 2315,0001,13916,139
Additions-468468
At 31 July 2415,0001,60716,607
Depreciation and impairment
At 01 August 235,8447376,581
Charge for year3,0004283,428
At 31 July 248,8441,16510,009
Net book value
At 31 July 246,1564426,598
At 31 July 239,1564029,558
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables1,979,0851,827,899
Other debtors2,967171
Prepayments and accrued income29,96258,923
Total2,012,0141,886,993
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables37,05747,419
Taxation and social security7091,553
Accrued liabilities and deferred income56,81999,895
Total94,585148,867
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Other creditors1,759,7501,759,750
Total1,759,7501,759,750
8.Provisions for liabilities

2024

2023

££
Other provisions345,885289,497
Total345,885289,497