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REGISTERED NUMBER: 07781005 (England and Wales)













Unaudited Financial Statements

for the Year Ended 28th February 2023

for

Force 1 Management Ltd

Force 1 Management Ltd (Registered number: 07781005)






Contents of the Financial Statements
for the Year Ended 28th February 2023




Page

Company information 1

Abridged statement of financial position 2

Notes to the financial statements 4


Force 1 Management Ltd

Company Information
for the Year Ended 28th February 2023







Director: N Dobias





Registered office: Abacus House
14-18 Forest Road
Loughton
Essex
IG10 1DX





Registered number: 07781005 (England and Wales)





Accountants: Cooper Paul
Abacus House
14-18 Forest Road
Loughton
Essex
IG10 1DX

Force 1 Management Ltd (Registered number: 07781005)

Abridged Statement of Financial Position
28th February 2023

2023 2022
Notes £    £   
Fixed assets
Tangible assets 4 20,005 27,077

Current assets
Debtors 750,178 422,854
Cash at bank 1,306 58,444
751,484 481,298
Creditors
Amounts falling due within one year (258,211 ) (237,978 )
Net current assets 493,273 243,320
Total assets less current liabilities 513,278 270,397

Capital and reserves
Called up share capital 1 1
Retained earnings 513,277 270,396
Shareholders' funds 513,278 270,397

Force 1 Management Ltd (Registered number: 07781005)

Abridged Statement of Financial Position - continued
28th February 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income statement and an abridged Statement of financial position for the year ended 28th February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 12th October 2023 and were signed by:





N Dobias - Director


Force 1 Management Ltd (Registered number: 07781005)

Notes to the Financial Statements
for the Year Ended 28th February 2023

1. Statutory information

Force 1 Management Ltd 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.

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 cost
Motor vehicles - 25% on reducing balance

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4. Tangible fixed assets
Totals
£   
Cost
At 1st March 2022
and 28th February 2023 50,738
Depreciation
At 1st March 2022 23,661
Charge for year 7,072
At 28th February 2023 30,733
Net book value
At 28th February 2023 20,005
At 28th February 2022 27,077