Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false true No description of principal activity 1 March 2023 29 February 2024 29 February 2024 10607496 Mr Michael Frootko Ms Denimara Porto iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10607496 2023-02-28 10607496 2024-02-29 10607496 2023-03-01 2024-02-29 10607496 frs-core:CurrentFinancialInstruments 2024-02-29 10607496 frs-core:Non-currentFinancialInstruments 2024-02-29 10607496 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 10607496 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 10607496 frs-bus:Micro-entities 2023-03-01 2024-02-29 10607496 frs-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 10607496 frs-bus:Director1 2023-03-01 2024-02-29 10607496 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 10607496 2022-02-28 10607496 2023-02-28 10607496 2022-03-01 2023-02-28 10607496 frs-core:CurrentFinancialInstruments 2023-02-28 10607496 frs-core:Non-currentFinancialInstruments 2023-02-28
Registered number: 10607496
Formative Ltd
Financial Statements
For The Year Ended 29 February 2024
Gower Accountancy
Chartered Certified Accountants
Contents
Page
Accountant's Report 2
Balance Sheet 3
Page 1
Company Information
Director Mr Michael Frootko
Secretary Ms Denimara Porto
Company Number 10607496
Registered Office 15 Forest Drive East
London
E11 1JX
Accountants Gower Accountancy
Chartered Certified Accountants
250 Humberstone Road
Leicester
LE5 0EG
Page 1
Page 2
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Formative Ltd for the year ended 29 February 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Formative Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Formative Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Formative Ltd and state those matters that we have agreed to state to the director of Formative Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Formative Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Formative Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Formative Ltd . You consider that Formative Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Formative Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
26/11/2024
Gower Accountancy
Chartered Certified Accountants
250 Humberstone Road
Leicester
LE5 0EG
Page 2
Page 3
Balance Sheet
Registered number: 10607496
2024 2023
£ £
Fixed assets 1 1
Current assets 345,359 290,360
Prepayments and accrued income 61 61
Creditors: Amounts Falling Due Within One Year (86,913 ) (135,380 )
NET CURRENT ASSETS 258,507 155,041
TOTAL ASSETS LESS CURRENT LIABILITIES 258,508 155,042
Creditors: Amounts Falling After More Than One Year (92,985 ) (34,167 )
NET ASSETS 165,523 120,875
CAPITAL AND RESERVES 165,523 120,875

Notes

1. General Information
Formative Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10607496 . The registered office is 15 Forest Drive East, London, E11 1JX.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Michael Frootko
Director
26/11/2024
Page 3