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Company Registration No. 11846457 (England and Wales)
Forepsyte Ltd Unaudited accounts for the year ended 28 February 2023
Forepsyte Ltd Unaudited accounts Contents
Page
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Forepsyte Ltd Company Information for the year ended 28 February 2023
Director
Dr Kerry Louise Schofield
Company Number
11846457 (England and Wales)
Registered Office
71-75 Shelton Street London Greater London WC2H 9JQ United Kingdom
Accountants
The Accountancy Cloud 12-18 Hoxton Street London N1 6NG UK
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Forepsyte Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
- 
7,050 
Cash at bank and in hand
14 
247 
14 
7,297 
Creditors: amounts falling due within one year
(839)
(1,672)
Net current (liabilities)/assets
(825)
5,625 
Net (liabilities)/assets
(825)
5,625 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(826)
5,624 
Shareholders' funds
(825)
5,625 
For the year ending 28 February 2023 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 her 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 6 October 2023 and were signed on its behalf by
Dr Kerry Louise Schofield Director Company Registration No. 11846457
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Forepsyte Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Forepsyte Ltd is a private company, limited by shares, registered in England and Wales, registration number 11846457. The registered office is 71-75 Shelton Street, London, Greater London, WC2H 9JQ, United Kingdom.
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.
Going concern
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Turnover
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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
7,050 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
25 
- 
Taxes and social security
(186)
1,132 
Other creditors
- 
40 
Loans from directors
1,000 
500 
839 
1,672 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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