Company Registration No. 12715694 (England and Wales)
FOURTEN INVESTMENT LIMITED
Unaudited accounts
for the year ended 31 July 2024
FOURTEN INVESTMENT LIMITED
Unaudited accounts
Contents
FOURTEN INVESTMENT LIMITED
Company Information
for the year ended 31 July 2024
Directors
Paul Evans
Hetal Kurji-Evans
Company Number
12715694 (England and Wales)
Registered Office
13 WESTMINSTER ROAD
LEICESTER
LE2 2EH
ENGLAND
FOURTEN INVESTMENT LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
57,248
74,703
Investments
17,956,052
15,589,102
Cash at bank and in hand
386,715
2,312,116
Creditors: amounts falling due within one year
(34,458)
(8,568)
Net current assets
900,623
2,851,914
Net assets
18,913,923
18,515,719
Called up share capital
100
100
Profit and loss account
18,913,823
18,515,619
Shareholders' funds
18,913,923
18,515,719
For the year ending 31 July 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 28 April 2025 and were signed on its behalf by
Paul Evans
Director
Company Registration No. 12715694
FOURTEN INVESTMENT LIMITED
Notes to the Accounts
for the year ended 31 July 2024
FOURTEN INVESTMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12715694. The registered office is 13 WESTMINSTER ROAD, LEICESTER, LE2 2EH, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
131,382
1,067
132,449
At 31 July 2024
131,382
2,695
134,077
At 1 August 2023
57,479
267
57,746
Charge for the year
18,476
607
19,083
At 31 July 2024
75,955
874
76,829
At 31 July 2024
55,427
1,821
57,248
At 31 July 2023
73,903
800
74,703
FOURTEN INVESTMENT LIMITED
Notes to the Accounts
for the year ended 31 July 2024
5
Investments
Other investments
Valuation at 1 August 2023
15,589,102
Fair value adjustments
366,943
Valuation at 31 July 2024
17,956,052
Amounts falling due within one year
Other debtors
548,366
548,366
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
9,500
7,000
Taxes and social security
25,084
59,166
Loans from directors
(126)
(57,598)
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).