Registered number
08013316
Fifteen Twenty Twenty Two Limited
Filleted Accounts
31 March 2025

Fifteen Twenty Twenty Two Limited
Registered number: | 08013316
Balance Sheet
as at 31 March 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 6 |  |  | 25,280 |  |  | 2,533
Investments | 7 |  |  | 236,932 |  |  | 92,055
|  |  |  | 262,212 |  |  | 94,588
Current assets
Debtors | 8 |  | 270,686 |  |  | 208,999
Cash at bank and in hand |  |  | 224,807 |  |  | 92,768
|  |  | 495,493 |  |  | 301,767
Creditors: amounts falling due within one year | 9 |  | (352,563) |  |  | (132,937)
Net current assets |  |  |  | 142,930 |  |  | 168,830
Total assets less current liabilities |  |  |  | 405,142 |  |  | 263,418
Net assets |  |  |  | 405,142 |  |  | 263,418
Capital and reserves
Called up share capital | 10 |  |  | 40 |  |  | 40
Share premium |  |  |  | - |  |  | -
Revaluation reserve | 12 |  |  | - |  |  | -
Profit and loss account | 11 |  |  | 405,102 |  |  | 263,378
Shareholders' funds |  |  |  | 405,142 |  |  | 263,418
The notes on pages 5 to 10 form part of these financial statements.
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.
Bradley James Lincoln
Director
Approved by the board on 4 December 2025

Fifteen Twenty Twenty Two Limited
Notes to the Accounts
for the year ended 31 March 2025
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 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 rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Depreciation
| The company has the policy to provide depreciation at the following rates in order to write off the assets over their estimated useful lives.
| 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:
| Motor Vehicles | 25% Straight Line
| Office Equipment | 25% Straight Line
| Investments
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
| Debtors
| 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.
| Creditors
| 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.
1 | Accounting policies (continued)
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
| 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.
| Leased assets
| A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2 | Turnover
| The turnover in both years relates to business consultancy invoiced.
3 | Operating Profit | 2025 |  | 2024
£ | £
| This is stated after charging:
| Directors' renumeration | 37,000 |  | 36,000
| No directors accrued benefits under money purchase pension schemes.
4 | Taxation | 2025 |  | 2024
£ | £
| UK corporation tax on profits for the current period | 106,422 |  | 68,944
5 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 3 |  | 5
6 | Tangible fixed assets
|  | Land and buildings |  | Office equipment |  | Motor vehicles |  | Total
£ | £ | £ | £
| Cost
| At 1 April 2024 | - |  | 7,236 |  | 24,695 |  | 31,931
| Additions | - |  | - |  | 24,200 |  | 24,200
| Disposals | - |  | (2,621) |  | - |  | (2,621)
| At 31 March 2025 | - |  | 4,615 |  | 48,895 |  | 53,510
| Depreciation
| At 1 April 2024 | - |  | (4,703) |  | (24,695) |  | (29,398)
| Charge for the year | - |  | (949) |  | (504) |  | (1,453)
| On disposals | - |  | 2,621 |  | - |  | 2,621
| At 31 March 2025 | - |  | (3,031) |  | (25,199) |  | (28,230)
| Net book value
| At 31 March 2025 | - |  | 1,584 |  | 23,696 |  | 25,280
| At 31 March 2024 | - |  | 2,533 |  | - |  | 2,533
7 | Investments
Investments
£
| Cost
| At 1 April 2024 | 92,055
| Additions | 186,932
| Disposals | (42,055)
| At 31 March 2025 | 236,932
8 | Debtors | 2025 |  | 2024
£ | £
| Trade debtors | 47,240 |  | 107,919
| Other debtors | 223,446 |  | 101,080
|  |  |  |  |  | 270,686 |  | 208,999
| Included in other debtors is a loan made to The Barns Lodge Parks Limited of £65,081 (2024: £36,361), which Bradley Lincoln is a director of. A loan of £89,087 (2024: nil) was made to Bradley Lincoln, who is a director of Fifteen Twenty Twenty Two Limited, which was settled in April 2025. A loan of £21,000 (2024: £21,000) made to Jeffrey Hankin, who is a director of Fifteen Twenty Twenty Two Limited, was settled during the period.
9 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Trade creditors | (7,159) |  | (14,644)
| Taxation and social security costs | 116,401 |  | 83,738
| Other creditors | 243,321 |  | 63,843
|  |  |  |  |  | 352,563 |  | 132,937
| Included in other creditors is a loan from Owl Consulting of £198,956 (2024: £35,851), a company ultimately under common control.
10 | Share Capital | Nominal |  |  |  | 2025 |  | 2024
value | £ | £
| Issued and Fully Paid
| Ordinary Shares | £1 each | 40 (2024: 40) | 40 |  | 40
|  |  |  |  |  | 40 |  | 40
11 | Profit and loss account | 2025 |  | 2024
£ | £
| At 1 April 2024 | 263,378 |  | 283,631
| Profit for the year | 342,012 |  | 207,735
| Dividends | (200,288) |  | (227,988)
| At 31 March 2025 | 405,102 |  | 263,378
12 | Related party transactions | 2025 |  | 2024
£ | £
| Best International Group Ltd
| A related party by virtue of common control
| Sales invoices raised from Fifteen Twenty Twenty Two Ltd | 192,555 |  | 202,524
| Balance outstanding at the end of the year | - |  | -
| Purchase invoices raised from Best International Group Ltd | 19,367 |  | 12,947
| Balance outstanding at the end of the year | 7,304 |  | 1,060
| Owl Consulting Services Ltd (formerly Owl Capital Group Ltd)
| A related party by virtue of common control
| Sales invoices raised from Fifteen Twenty Twenty Two Ltd | 24,000 |  | 39,055
| Balance outstanding at the end of the year | 16,800 |  | 2,400
| Loan made by Owl Consulting Services Ltd | 159,590 |  | 35,000
| Balance outstanding at the end of the year | 198,956 |  | 35,851
| Persei Management Ltd
| A related party by virtue of common control
| Sales invoices raised from Fifteen Twenty Twenty Two Ltd | 246,000 |  | 162,733
| Balance outstanding at the end of the year | - |  | 39,600
| Loan made to Persei Management Ltd | - |  | 2,500
| Balance outstanding at the end of the year | - |  | -
| The Barns Lodge Parks Limited (formerly Owl UK Lodge Parks Limited)
| Bradley Lincoln is a director of The Barns Lodge Parks Limited
| Sales invoices raised from Fifteen Twenty Twenty Two Ltd | 41,117 |  | 43,675
| Balance outstanding at the end of the year | - |  | 36,396
| Loan made to The Barns Lodge Parks Limited | 24,000 |  | 35,000
| Balance outstanding at the end of the year | 65,081 |  | 36,361
| Jeffrey Hankin
| Mr Hankin is a director of Fifteen Twenty Twenty Two Limited
| Loan made to Jeffrey Hankin | - |  | 25,000
| Balance outstanding at the end of the year | - |  | 21,000
| Bradley Lincoln
| Mr Lincoln is a director of Fifteen Twenty Twenty Two Limited
| Loan made to Bradley Lincoln | 89,087 |  | -
| Balance outstanding at the end of the year | 89,087 |  | -
13 | Controlling party
| The company was under the joint control of the directors thoughout the financial year.
14 | Other information
| Fifteen Twenty Twenty Two Limited is a private company limited by shares and incorporated in England.
| Its registered office is:
| 2 Broughton Barn
| Haslingden Old Road
| Oswaldtwistle, Accrington
| Lancashire
| BB5 3RP

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