Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 13391234 Mr Tony Jackson Mr Jagpreet Singh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13391234 2023-05-31 13391234 2024-05-31 13391234 2023-06-01 2024-05-31 13391234 frs-core:CurrentFinancialInstruments 2024-05-31 13391234 frs-core:ShareCapital 2024-05-31 13391234 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13391234 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13391234 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 13391234 frs-bus:SmallEntities 2023-06-01 2024-05-31 13391234 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13391234 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13391234 frs-bus:Director1 2023-06-01 2024-05-31 13391234 frs-bus:Director2 2023-06-01 2024-05-31 13391234 frs-core:CurrentFinancialInstruments 1 2024-05-31 13391234 frs-countries:EnglandWales 2023-06-01 2024-05-31 13391234 2022-05-31 13391234 2023-05-31 13391234 2022-06-01 2023-05-31 13391234 frs-core:CurrentFinancialInstruments 2023-05-31 13391234 frs-core:ShareCapital 2023-05-31 13391234 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 13391234 frs-core:CurrentFinancialInstruments 1 2023-05-31
Registered number: 13391234
The Forge Centre Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13391234
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 13,420 12,618
Cash at bank and in hand 3,156 6,492
16,576 19,110
Creditors: Amounts Falling Due Within One Year 5 (10,548 ) (12,145 )
NET CURRENT ASSETS (LIABILITIES) 6,028 6,965
TOTAL ASSETS LESS CURRENT LIABILITIES 6,028 6,965
NET ASSETS 6,028 6,965
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 5,928 6,865
SHAREHOLDERS' FUNDS 6,028 6,965
Page 1
Page 2
For the year ending 31 May 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Tony Jackson
Director
17/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Forge Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13391234 . The registered office is The Forge, 3 Heron Hill, Belvedere, Kent, DA17 5ER.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,300 12,500
Prepayments and accrued income 20 18
Other debtors - 50
Intercompany 50 -
Directors' loan accounts 50 50
13,420 12,618
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 510
Corporation tax - 1,610
Inter-company 10,038 10,025
Accruals and deferred income 510 -
10,548 12,145
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
Included in the Other Debtors is an amount of £50 (2023 - £50) owed by TJ Progressive Ltd, a company under the control of the director Mr T Jackson. No repayment terms have been set and no interest is to be charged. 
Included in the Other Creditors is an amount of £10,038 (2023 - £10,025) owed to Interior Partnerships Ltd, a company under the control of the directors Mr T Jackson & Mr J Singh. No repayment terms have been set and no interest is to be charged. 
Page 4