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Company Registration No. 07146002 (England and Wales)
Forward Energy (UK) Limited Unaudited accounts for the year ended 31 March 2024
Forward Energy (UK) Limited Unaudited accounts Contents
Page
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Forward Energy (UK) Limited Company Information for the year ended 31 March 2024
Directors
D G Firth J H Firth
Company Number
07146002 (England and Wales)
Registered Office
AHED HOUSE DEWSBURY ROAD OSSETT WEST YORKSHIRE WF5 9ND
Accountants
AAC Chartered Accountants Unit 2, Batley Business Park Technology Drive BATLEY WEST YORKSHIRE WF17 6ER
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Forward Energy (UK) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,419 
17,296 
Current assets
Debtors
96,012 
82,085 
Cash at bank and in hand
244,200 
245,510 
340,212 
327,595 
Creditors: amounts falling due within one year
(356,522)
(285,815)
Net current (liabilities)/assets
(16,310)
41,780 
Net assets
109 
59,076 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
108 
59,075 
Shareholders' funds
109 
59,076 
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by
D G Firth Director Company Registration No. 07146002
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Forward Energy (UK) Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Forward Energy (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 07146002. The registered office is AHED HOUSE, DEWSBURY ROAD, OSSETT, WEST YORKSHIRE, WF5 9ND.
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
15% on a reducing balance basis
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
34,205 
Additions
2,123 
At 31 March 2024
36,328 
Depreciation
At 1 April 2023
16,909 
Charge for the year
3,000 
At 31 March 2024
19,909 
Net book value
At 31 March 2024
16,419 
At 31 March 2023
17,296 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
92,970 
82,085 
Accrued income and prepayments
3,042 
- 
96,012 
82,085 
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Forward Energy (UK) Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
25,100 
24,273 
Trade creditors
194,637 
176,003 
Amounts owed to group undertakings and other participating interests
133,726 
78,578 
Taxes and social security
3,059 
2,154 
Accruals
- 
4,807 
356,522 
285,815 
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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