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Company Registration No. 14067723 (England and Wales)
Fortunes Valley Ltd Unaudited accounts for the year ended 30 April 2025
Fortunes Valley Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Fortunes Valley Ltd Company Information for the year ended 30 April 2025
Director
Xiangchun LI
Company Number
14067723 (England and Wales)
Registered Office
Fortune House 2 Priory Street Carmarthen Dyfed SA31 1LS Wales
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Fortunes Valley Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
755
1,006
Current assets
Inventories
4,488
3,876
Debtors
5
2,122
3,487
Cash at bank and in hand
76,951
38,645
83,561
46,008
Creditors: amounts falling due within one year
6
(32,713)
(15,406)
Net current assets
50,848
30,602
Net assets
51,603
31,608
Capital and reserves
Called up share capital
1
1
Profit and loss account
51,602
31,607
Shareholders' funds
51,603
31,608
For the year ending 30 April 2025 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 director acknowledges his 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 and authorised for issue on 8 October 2025 and were signed on its behalf by
Xiangchun LI Director Company Registration No. 14067723
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Fortunes Valley Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Fortunes Valley Ltd is a private company, limited by shares, registered in England and Wales, registration number 14067723. The registered office is Fortune House, 2 Priory Street, Carmarthen, Dyfed, SA31 1LS, Wales.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 May 2024
1,257
At 30 April 2025
1,257
Depreciation
At 1 May 2024
251
Charge for the year
251
At 30 April 2025
502
Net book value
At 30 April 2025
755
At 30 April 2024
1,006
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
-
1,365
Other debtors
2,122
2,122
2,122
3,487
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Fortunes Valley Ltd Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
10,333
12,543
Taxes and social security
5,636
3,224
Proposed dividends
-
2,000
Loans from directors
13,324
(4,292)
Accruals
3,420
1,931
32,713
15,406
7
Average number of employees
During the year the average number of employees was 8 (2024: 0).
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