IRIS Accounts Production v23.3.1.45 12970309 director 1.11.22 31.10.23 31.10.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129703092022-10-31129703092023-10-31129703092022-11-012023-10-31129703092021-10-31129703092021-11-012022-10-31129703092022-10-3112970309ns10:Originalns15:EnglandWales2022-11-012023-10-3112970309ns14:PoundSterlingns10:Original2022-11-012023-10-3112970309ns10:Originalns10:Director12022-11-012023-10-3112970309ns10:Original2022-11-012023-10-3112970309ns10:Original2023-10-3112970309ns10:Originalns10:PrivateLimitedCompanyLtd2022-11-012023-10-3112970309ns10:Originalns10:SmallEntities2022-11-012023-10-3112970309ns10:Originalns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3112970309ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3112970309ns10:SmallCompaniesRegimeForAccountsns10:Original2022-11-012023-10-3112970309ns10:Originalns10:FullAccounts2022-11-012023-10-3112970309ns10:Original12022-11-012023-10-3112970309ns10:Originalns10:OrdinaryShareClass12022-11-012023-10-3112970309ns10:Originalns10:RegisteredOffice2022-11-012023-10-3112970309ns10:Original2022-10-3112970309ns10:Originalns5:CurrentFinancialInstruments2023-10-3112970309ns10:Originalns5:CurrentFinancialInstruments2022-10-3112970309ns5:ShareCapitalns10:Original2023-10-3112970309ns5:ShareCapitalns10:Original2022-10-3112970309ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-10-3112970309ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3112970309ns10:Originalns5:NetGoodwill2022-11-012023-10-3112970309ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-11-012023-10-3112970309ns10:Originalns5:PlantMachinery2022-11-012023-10-3112970309ns10:Original2021-11-012022-10-3112970309ns10:Originalns5:NetGoodwill2022-10-3112970309ns10:Originalns5:NetGoodwill2023-10-3112970309ns10:Originalns5:NetGoodwill2022-10-3112970309ns10:Originalns5:ComputerEquipment2022-10-3112970309ns10:Originalns5:ComputerEquipment2022-11-012023-10-3112970309ns10:Originalns5:ComputerEquipment2023-10-3112970309ns10:Originalns5:ComputerEquipment2022-10-3112970309ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3112970309ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3112970309ns10:Originalns10:OrdinaryShareClass12023-10-31
REGISTERED NUMBER: 12970309 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Forward Focus Financial Planning Limited

Forward Focus Financial Planning Limited (Registered number: 12970309)

Contents of the Financial Statements
for the Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Forward Focus Financial Planning Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: J J Johnston





REGISTERED OFFICE: Coblers End Little End
Bruntingthorpe
Lutterworth
LE17 5QJ





REGISTERED NUMBER: 12970309 (England and Wales)





ACCOUNTANTS: Geoff Cowley & Co Ltd
Willow Park
Upton Lane
Stoke Golding
Nuneaton
Warwickshire
CV13 6EU

Forward Focus Financial Planning Limited (Registered number: 12970309)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 47,923 49,920
Tangible assets 5 1,218 1,817
49,141 51,737

CURRENT ASSETS
Debtors 6 13,886 16,029
Cash at bank 1,650 15,830
15,536 31,859
CREDITORS
Amounts falling due within one year 7 27,179 47,393
NET CURRENT LIABILITIES (11,643 ) (15,534 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,498

36,203

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 37,496 36,201
SHAREHOLDERS' FUNDS 37,498 36,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Forward Focus Financial Planning Limited (Registered number: 12970309)

Balance Sheet - continued
31 October 2023


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 director and authorised for issue on 14 February 2024 and were signed by:





J J Johnston - Director


Forward Focus Financial Planning Limited (Registered number: 12970309)

Notes to the Financial Statements
for the Year Ended 31 October 2023


1. STATUTORY INFORMATION

Forward Focus Financial Planning 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Forward Focus Financial Planning Limited (Registered number: 12970309)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 52,000
AMORTISATION
At 1 November 2022 2,080
Charge for year 1,997
At 31 October 2023 4,077
NET BOOK VALUE
At 31 October 2023 47,923
At 31 October 2022 49,920

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2022
and 31 October 2023 2,711
DEPRECIATION
At 1 November 2022 894
Charge for year 599
At 31 October 2023 1,493
NET BOOK VALUE
At 31 October 2023 1,218
At 31 October 2022 1,817

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 13,886 16,029

Forward Focus Financial Planning Limited (Registered number: 12970309)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Taxation and social security 24,203 20,405
Other creditors 2,976 26,988
27,179 47,393

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
2 Ordinary 1 2 2