Fifteen Twenty Twenty Two Limited

Registered number

08013316

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