MARGARET FORBES LTD

Company Registration Number:
NI635935 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

MARGARET FORBES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

MARGARET FORBES LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 22,092 25,248
Total fixed assets: 22,092 25,248
Current assets
Stocks: 1,189,839 1,306,928
Debtors:   118,834 131,359
Cash at bank and in hand: 57,666 135,697
Total current assets: 1,366,339 1,573,984
Creditors: amounts falling due within one year:   (468,693) (752,016)
Net current assets (liabilities): 897,646 821,968
Total assets less current liabilities: 919,738 847,216
Total net assets (liabilities): 919,738 847,216
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 919,735 847,213
Shareholders funds: 919,738 847,216

The notes form part of these financial statements

MARGARET FORBES LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 September 2024
and signed on behalf of the board by:

Name: Margaret Forbes
Status: Director

The notes form part of these financial statements

MARGARET FORBES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MARGARET FORBES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 11 11

MARGARET FORBES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 55,456
At 31 December 2023 55,456
Depreciation
At 01 January 2023 30,208
Charge for year 3,156
At 31 December 2023 33,364
Net book value
At 31 December 2023 22,092
At 31 December 2022 25,248