IRIS Accounts Production v24.3.0.553 04677128 director 1.3.23 28.2.24 28.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046771282023-02-28046771282024-02-28046771282023-03-012024-02-28046771282022-02-28046771282022-03-012023-02-28046771282023-02-2804677128ns15:EnglandWales2023-03-012024-02-2804677128ns14:PoundSterling2023-03-012024-02-2804677128ns10:Director12023-03-012024-02-2804677128ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2804677128ns10:SmallEntities2023-03-012024-02-2804677128ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2804677128ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2804677128ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2804677128ns10:FullAccounts2023-03-012024-02-2804677128ns10:OrdinaryShareClass12023-03-012024-02-2804677128ns10:RegisteredOffice2023-03-012024-02-2804677128ns5:CurrentFinancialInstruments2024-02-2804677128ns5:CurrentFinancialInstruments2023-02-2804677128ns5:Non-currentFinancialInstruments2024-02-2804677128ns5:Non-currentFinancialInstruments2023-02-2804677128ns5:ShareCapital2024-02-2804677128ns5:ShareCapital2023-02-2804677128ns5:RetainedEarningsAccumulatedLosses2024-02-2804677128ns5:RetainedEarningsAccumulatedLosses2023-02-2804677128ns5:LongLeaseholdAssetsns5:LandBuildings2023-03-012024-02-2804677128ns5:LongLeaseholdAssetsns5:LandBuildings2023-02-2804677128ns5:LongLeaseholdAssetsns5:LandBuildings2024-02-2804677128ns5:LongLeaseholdAssetsns5:LandBuildings2023-02-2804677128ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2804677128ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2804677128ns10:OrdinaryShareClass12024-02-28
REGISTERED NUMBER: 04677128 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2024

FOR

FORENSIT LIMITED

FORENSIT LIMITED (REGISTERED NUMBER: 04677128)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FORENSIT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2024







DIRECTOR: D J Rowe





REGISTERED OFFICE: Charlton House
Dour Street
DOVER
Kent
CT16 1BL





REGISTERED NUMBER: 04677128 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Charlton House
Dour Street
DOVER
Kent
CT16 1BL

FORENSIT LIMITED (REGISTERED NUMBER: 04677128)

BALANCE SHEET
28 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 50,483 52,920

CURRENT ASSETS
Debtors: amounts falling due within one year 5 281,814 151,940
Debtors: amounts falling due after more than
one year

5

-

32,710
Cash at bank 599,829 375,295
881,643 559,945
CREDITORS
Amounts falling due within one year 6 112,026 20,203
NET CURRENT ASSETS 769,617 539,742
TOTAL ASSETS LESS CURRENT
LIABILITIES

820,100

592,662

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 820,000 592,562
SHAREHOLDERS' FUNDS 820,100 592,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2024 and were signed by:





D J Rowe - Director


FORENSIT LIMITED (REGISTERED NUMBER: 04677128)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

1. STATUTORY INFORMATION

ForensiT 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The company's principal place of business is Innovation Centre Medway, Maidstone Road, Chatham, Kent, ME5 9FD.

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.
Long leasehold - Straight line over 50 years

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FORENSIT LIMITED (REGISTERED NUMBER: 04677128)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Long
leasehold
£   
COST
At 1 March 2023
and 28 February 2024 123,536
DEPRECIATION
At 1 March 2023 70,616
Charge for year 2,437
At 28 February 2024 73,053
NET BOOK VALUE
At 28 February 2024 50,483
At 28 February 2023 52,920

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 279,657 150,000
Prepayments 2,157 1,940
281,814 151,940

Amounts falling due after more than one year:
Other debtors - 32,710

Aggregate amounts 281,814 184,650

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 14 869
Tax 96,874 -
Social security and other taxes 12,638 15,058
Other creditors - 1,276
Accrued expenses 2,500 3,000
112,026 20,203

FORENSIT LIMITED (REGISTERED NUMBER: 04677128)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. ULTIMATE CONTROLLING PARTY

The company is a 100% subsidiary of Forensit Group Limited whose registered office is Charlton House, Dour Street, Dover, Kent, CT16 1BL.