Acorah Software Products - Accounts Production 16.1.200 false true true 31 December 2021 1 January 2021 false 1 January 2022 31 December 2022 31 December 2022 05624449 Mr B A Albrecht M C Fornara Mr M D Sellam Dr D K Wollach iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05624449 2021-12-31 05624449 2022-12-31 05624449 2022-01-01 2022-12-31 05624449 frs-core:Non-currentFinancialInstruments 2022-12-31 05624449 frs-core:ShareCapital 2022-12-31 05624449 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 05624449 frs-bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 05624449 frs-bus:FilletedAccounts 2022-01-01 2022-12-31 05624449 frs-bus:SmallEntities 2022-01-01 2022-12-31 05624449 frs-bus:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 05624449 frs-bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 05624449 frs-bus:Director1 2022-01-01 2022-12-31 05624449 frs-bus:Director2 2022-01-01 2022-12-31 05624449 frs-bus:Director3 2022-01-01 2022-12-31 05624449 frs-bus:Director4 2022-01-01 2022-12-31 05624449 frs-countries:EnglandWales 2022-01-01 2022-12-31 05624449 2020-12-31 05624449 2021-12-31 05624449 2021-01-01 2021-12-31 05624449 frs-core:Non-currentFinancialInstruments 2021-12-31 05624449 frs-core:ShareCapital 2021-12-31 05624449 frs-core:RetainedEarningsAccumulatedLosses 2021-12-31
Registered number: 05624449
Forvest Advisory Services Limited
Unaudited Financial Statements
For The Year Ended 31 December 2022
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 05624449
2022 2021
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 54,347 51,538
54,347 51,538
Creditors: Amounts Falling Due Within One Year 5 (21,107 ) (19,046 )
NET CURRENT ASSETS (LIABILITIES) 33,240 32,492
TOTAL ASSETS LESS CURRENT LIABILITIES 33,240 32,492
Creditors: Amounts Falling Due After More Than One Year 6 (495,259 ) (427,649 )
NET LIABILITIES (462,019 ) (395,157 )
CAPITAL AND RESERVES
Called up share capital 7 436,705 436,705
Profit and Loss Account (898,724 ) (831,862 )
SHAREHOLDERS' FUNDS (462,019) (395,157)
For the year ending 31 December 2022 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 M D Sellam
Director
14/05/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Forvest Advisory Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05624449 . The registered office is 2 Leman Street, London, E1W 9US.
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. Going Concern Disclosure
The company has net current liabilities of £462,019(2021:£395,157) at the balance sheet date which suggests that the going concern basis may not be appropriate.However ,the directors have given assurance that they will continue to provide support to the company to allow it to continue in operation for the forsseable future .The directors therefore consider it appropriate to prepare financial statements on a going concern basis.The financial statements do not include any adjustments that would result from a withdrawal of this support.  
2.3. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2021: 4)
4 4
4. Debtors
2022 2021
£ £
Due within one year
Other debtors 54,347 51,538
5. Creditors: Amounts Falling Due Within One Year
2022 2021
£ £
Other creditors 21,107 19,046
6. Creditors: Amounts Falling Due After More Than One Year
2022 2021
£ £
Other Long Term Loans 495,259 427,649
7. Share Capital
2022 2021
£ £
Allotted, Called up and fully paid 436,705 436,705
Page 2