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Company Registration No. 11316515 (England and Wales)
FORWARD PROJECT SOLUTIONS LTD Unaudited accounts for the year ended 30 April 2023
FORWARD PROJECT SOLUTIONS LTD Unaudited accounts Contents
Page
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FORWARD PROJECT SOLUTIONS LTD Company Information for the year ended 30 April 2023
Director
Matthew Ward
Company Number
11316515 (England and Wales)
Registered Office
3 PONDHUE COTTAGES ANCHOR HILL KNAPHILL WOKING SURREY GU21 2HL UNITED KINGDOM
Accountants
Seed Accounting Solutions 85 Great Portland Street First Floor London W1W 7LT
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FORWARD PROJECT SOLUTIONS LTD Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
110 
138 
Current assets
Debtors
21,615 
19,218 
Cash at bank and in hand
83 
1,549 
21,698 
20,767 
Creditors: amounts falling due within one year
(34,775)
(66,980)
Net current liabilities
(13,077)
(46,213)
Net liabilities
(12,967)
(46,075)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(13,067)
(46,175)
Shareholders' funds
(12,967)
(46,075)
For the year ending 30 April 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 his 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 28 March 2024 and were signed on its behalf by
Matthew Ward Director Company Registration No. 11316515
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FORWARD PROJECT SOLUTIONS LTD Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
FORWARD PROJECT SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 11316515. The registered office is 3 PONDHUE COTTAGES ANCHOR HILL, KNAPHILL, WOKING, SURREY, GU21 2HL, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on Straight Line
Computer equipment
3 Years Straight Line
Going concern
The company reports net liabilities at the balance sheet date. Company liabilities were satisfied by the director after the year end. The director expects the company to trade profitably in the future, and to be able to meet its liabilities from cash flow arising from normal operating activities. Accordingly, the director considers it appropriate to prepare these accounts on the going concern basis.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2022
137 
1,213 
1,350 
At 30 April 2023
137 
1,213 
1,350 
Depreciation
At 1 May 2022
- 
1,212 
1,212 
Charge for the year
28 
- 
28 
At 30 April 2023
28 
1,212 
1,240 
Net book value
At 30 April 2023
109 
1 
110 
At 30 April 2022
137 
1 
138 
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FORWARD PROJECT SOLUTIONS LTD Notes to the Accounts for the year ended 30 April 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,177 
Accrued income and prepayments
203 
3,049 
Other debtors
21,146 
14,992 
21,349 
19,218 
Amounts falling due after more than one year
Other debtors
266 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
25,928 
26,100 
Trade creditors
7,614 
5,413 
Taxes and social security
19,905 
28,066 
Other creditors
4,943 
6,441 
Loans from directors
(23,615)
- 
Accruals
- 
960 
34,775 
66,980 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
(2,004)
48,950 
23,331 
23,615 
(2,004)
48,950 
23,331 
23,615 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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