Four IV Interiors Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03546990 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2022

FOR

FOUR IV INTERIORS LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

A E Bone

C Dewar Dixon

Registered office:

2nd Floor Bank House

7 St Johns Road

Harrow

London

HA1 2EY

Registered number:

03546990 (England and Wales)

Fixed assets

Tangible assets

4

2,731

2,860

Current assets

Debtors

5

248,931

186,410

Cash at bank

67,439

28,826

316,370

215,236

Creditors

Amounts falling due within one year

6

(158,915

)

(157,396

)

Net current assets

157,455

57,840

Total assets less current liabilities

160,186

60,700

Capital and reserves

Called up share capital

4

4

Retained earnings

160,182

60,696

Shareholders' funds

160,186

60,700

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2023 and were signed on its behalf by:

A E Bone - Director

1.	Statutory information

Four IV Interiors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Office Equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	Employees and directors

The average number of employees during the year was 2 (2021 - 2 ) .

4.	Tangible fixed assets

Fixtures

and

Office

fittings

Equipment

Totals

£

£

£

COST

At 1 July 2021

2,143

16,733

18,876

Additions

244

488

732

At 30 June 2022

2,387

17,221

19,608

DEPRECIATION

At 1 July 2021

919

15,097

16,016

Charge for year

281

580

861

At 30 June 2022

1,200

15,677

16,877

NET BOOK VALUE

At 30 June 2022

1,187

1,544

2,731

At 30 June 2021

1,224

1,636

2,860

5.

Debtors

2022

2021

£

£

Amounts falling due within one year:

Trade debtors

93,574

23,543

VAT

1,188

-

Prepayments and accrued income

1,933

10,630

96,695

34,173

Amounts falling due after more than one year:

Other debtors

152,236

152,237

Aggregate amounts

248,931

186,410

6.

Creditors: amounts falling due within one year

2022

2021

£

£

Bank Loan

40,000

50,000

Trade creditors

7,698

4,004

Tax

44,556

26,797

VAT

-

2,162

Directors' current accounts

65,900

73,531

Accrued expense Deferred

Income

761

902

158,915

157,396

7.	Related party disclosures

Included within creditors due within one year at the balance sheet date is an amount of £11,277 (2021:£36,223) and £40,541 (2021: £37,309) owed to the directors, Andrew Eric Bone and Dixon Christopher Dewar respectively.

8.	Ultimate controlling party

The company is controlled by the directors by virtue of their shareholding.