Registered number
12184846
FORBES PROPERTY SERVICES LTD
Filleted Accounts
30 September 2022
FORBES PROPERTY SERVICES LTD
Registered number: 12184846
Balance Sheet
as at 30 September 2022
Notes 2022 2021
£ £
Current assets
Debtors 3 1,027 5,235
Cash at bank and in hand 17,166 25,114
18,193 30,349
Creditors: amounts falling due within one year 4 (68,924) (58,850)
Net current liabilities (50,731) (28,501)
Net liabilities (50,731) (28,501)
Capital and reserves
Called up share capital 1 1
Profit and loss account (50,732) (28,502)
Shareholder's funds (50,731) (28,501)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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. The profit and loss account has not been delivered to the Registrar of Companies.
Mohammed Farhan Munim
Director
Approved by the board on 12 November 2023
FORBES PROPERTY SERVICES LTD
Notes to the Accounts
for the year ended 30 September 2022
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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2 Employees 2022 2021
Number Number
Average number of persons employed by the company 4 3
3 Debtors 2022 2021
£ £
Trade debtors 1,027 5,235
4 Creditors: amounts falling due within one year 2022 2021
£ £
Bank loans and overdrafts 34,769 42,604
Taxation and social security costs (1,319) 1,326
Other creditors 35,474 14,920
68,924 58,850
5 Other information
FORBES PROPERTY SERVICES LTD is a private company limited by shares and incorporated in England. Its registered office is:
218A Brick Lane
London
E1 6SA
FORBES PROPERTY SERVICES LTD 12184846 false 2021-10-01 2022-09-30 2022-09-30 VT Final Accounts April 2022 Mohammed Farhan Munim No description of principal activity 12184846 2020-10-01 2021-09-30 12184846 core:WithinOneYear 2021-09-30 12184846 core:ShareCapital 2021-09-30 12184846 core:RetainedEarningsAccumulatedLosses 2021-09-30 12184846 2021-10-01 2022-09-30 12184846 bus:PrivateLimitedCompanyLtd 2021-10-01 2022-09-30 12184846 bus:AuditExemptWithAccountantsReport 2021-10-01 2022-09-30 12184846 bus:Director40 2021-10-01 2022-09-30 12184846 countries:England 2021-10-01 2022-09-30 12184846 bus:FRS102 2021-10-01 2022-09-30 12184846 bus:FullAccounts 2021-10-01 2022-09-30 12184846 2022-09-30 12184846 core:WithinOneYear 2022-09-30 12184846 core:ShareCapital 2022-09-30 12184846 core:RetainedEarningsAccumulatedLosses 2022-09-30 12184846 2021-09-30 iso4217:GBP xbrli:pure