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REGISTERED NUMBER: 02370693 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 30 September 2023

for

Fordrole Limited

Fordrole Limited (Registered number: 02370693)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Fordrole Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: Mrs M J Turner





SECRETARY: Mr G J Taylor





REGISTERED OFFICE: C/o BSM (UK) Accounants
Unit 9, Creekmouth Industrial Estate
57 River Road
Barking
Essex
IG11 0DA





REGISTERED NUMBER: 02370693 (England and Wales)





ACCOUNTANTS: BSM (U.K) Accountants Ltd
Unit 9 Creekmouth Industrial Estate
57 River Road
Barking
Essex
IG11 0DA

Fordrole Limited (Registered number: 02370693)

Report of the Director
for the Year Ended 30 September 2023

The director presents her report with the financial statements of the company for the year ended 30 September 2023.

INCORPORATION
The company was incorporated on 11 April 1989 .

DIRECTOR
Mrs M J Turner held office during the whole of the period from 1 October 2022 to the date of this report.

The director, being eligible, offers herself for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mrs M J Turner - Director


3 April 2024

Fordrole Limited (Registered number: 02370693)

Income Statement
for the Year Ended 30 September 2023

Notes £   

TURNOVER -

Administrative expenses 31,384
(31,384 )

Other operating income 38,585
OPERATING PROFIT 4 7,201


Interest payable and similar expenses 2,355
PROFIT BEFORE TAXATION 4,846

Tax on profit -
PROFIT FOR THE FINANCIAL YEAR 4,846

Fordrole Limited (Registered number: 02370693)

Balance Sheet
30 September 2023

Notes £    £   
FIXED ASSETS
Tangible assets 5 900,089

CURRENT ASSETS
Debtors 6 220,081
Cash at bank 6,657
226,738
CREDITORS
Amounts falling due within one year 7 397,885
NET CURRENT LIABILITIES (171,147 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

728,942

CAPITAL AND RESERVES
Called up share capital 92,502
Retained earnings 636,440
SHAREHOLDERS' FUNDS 728,942

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 3 April 2024 and were signed by:





Mrs M J Turner - Director


Fordrole Limited (Registered number: 02370693)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Fordrole 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.

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 - 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4. OPERATING PROFIT

The operating profit is stated after charging:

£   
Depreciation - owned assets 555

Fordrole Limited (Registered number: 02370693)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

5. TANGIBLE FIXED ASSETS
Short Plant and
leasehold machinery Totals
£    £    £   
COST
At 1 October 2022
and 30 September 2023 897,558 3,086 900,644
DEPRECIATION
Charge for year - 555 555
At 30 September 2023 - 555 555
NET BOOK VALUE
At 30 September 2023 897,558 2,531 900,089
At 30 September 2022 897,558 3,086 900,644

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 220,081

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 274,064
Eagle Pond Pension 56,566
Trade creditors 32,566
Directors' loan accounts 34,089
Accrued expenses 600
397,885