IRIS Accounts Production v24.3.2.46 08284509 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082845092023-04-30082845092024-04-30082845092023-05-012024-04-30082845092022-04-30082845092022-05-012023-04-30082845092023-04-3008284509ns15:EnglandWales2023-05-012024-04-3008284509ns14:PoundSterling2023-05-012024-04-3008284509ns10:Director12023-05-012024-04-3008284509ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3008284509ns10:SmallEntities2023-05-012024-04-3008284509ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3008284509ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3008284509ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008284509ns10:FullAccounts2023-05-012024-04-3008284509ns10:Director22023-05-012024-04-3008284509ns10:RegisteredOffice2023-05-012024-04-3008284509ns5:CurrentFinancialInstruments2024-04-3008284509ns5:CurrentFinancialInstruments2023-04-3008284509ns5:Non-currentFinancialInstruments2024-04-3008284509ns5:Non-currentFinancialInstruments2023-04-3008284509ns5:ShareCapital2024-04-3008284509ns5:ShareCapital2023-04-3008284509ns5:RetainedEarningsAccumulatedLosses2024-04-3008284509ns5:RetainedEarningsAccumulatedLosses2023-04-3008284509ns5:FurnitureFittings2023-05-012024-04-3008284509ns5:MotorVehicles2023-05-012024-04-3008284509ns5:ComputerEquipment2023-05-012024-04-3008284509ns5:FurnitureFittings2023-04-3008284509ns5:MotorVehicles2023-04-3008284509ns5:ComputerEquipment2023-04-3008284509ns5:FurnitureFittings2024-04-3008284509ns5:MotorVehicles2024-04-3008284509ns5:ComputerEquipment2024-04-3008284509ns5:FurnitureFittings2023-04-3008284509ns5:MotorVehicles2023-04-3008284509ns5:ComputerEquipment2023-04-3008284509ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3008284509ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3008284509ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-04-3008284509ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-04-3008284509ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-04-3008284509ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-3008284509ns5:WithinOneYear2024-04-3008284509ns5:WithinOneYear2023-04-3008284509ns5:BetweenOneFiveYears2024-04-3008284509ns5:BetweenOneFiveYears2023-04-3008284509ns5:AllPeriods2024-04-3008284509ns5:AllPeriods2023-04-30082845091ns10:Director12023-04-30082845091ns10:Director12022-04-30082845091ns10:Director12023-05-012024-04-30082845091ns10:Director12022-05-012023-04-30082845091ns10:Director12024-04-30082845091ns10:Director12023-04-3008284509ns10:Director222023-04-3008284509ns10:Director222022-04-3008284509ns10:Director222023-05-012024-04-3008284509ns10:Director222022-05-012023-04-3008284509ns10:Director222024-04-3008284509ns10:Director222023-04-30
REGISTERED NUMBER: 08284509 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

FORGE MOBILITY SERVICES LIMITED

FORGE MOBILITY SERVICES LIMITED (REGISTERED NUMBER: 08284509)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FORGE MOBILITY SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: P D Ward
Mrs R J Ward





REGISTERED OFFICE: First Floor
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1DY





REGISTERED NUMBER: 08284509 (England and Wales)





ACCOUNTANTS: Galloways Accounting
First Floor
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1DY

FORGE MOBILITY SERVICES LIMITED (REGISTERED NUMBER: 08284509)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 27,467 10,407

CURRENT ASSETS
Debtors 4 384,750 378,850
Cash at bank 174,648 95,147
559,398 473,997
CREDITORS
Amounts falling due within one year 5 379,733 322,641
NET CURRENT ASSETS 179,665 151,356
TOTAL ASSETS LESS CURRENT LIABILITIES 207,132 161,763

CREDITORS
Amounts falling due after more than one year 6 (17,585 ) (27,788 )

PROVISIONS FOR LIABILITIES (6,867 ) (1,932 )
NET ASSETS 182,680 132,043

CAPITAL AND RESERVES
Called up share capital 10,100 10,100
Retained earnings 172,580 121,943
SHAREHOLDERS' FUNDS 182,680 132,043

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by:





P D Ward - Director


FORGE MOBILITY SERVICES LIMITED (REGISTERED NUMBER: 08284509)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost
Computer equipment - 15% on cost

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

3. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 1,129 13,650 24,033 38,812
Additions 19,383 - 1,877 21,260
At 30 April 2024 20,512 13,650 25,910 60,072
DEPRECIATION
At 1 May 2023 243 13,650 14,512 28,405
Charge for year 1,413 - 2,787 4,200
At 30 April 2024 1,656 13,650 17,299 32,605
NET BOOK VALUE
At 30 April 2024 18,856 - 8,611 27,467
At 30 April 2023 886 - 9,521 10,407

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 1,470 2,902
Other debtors 6,221 19,041
Loans to participators - 69,891
Directors' current accounts 79,785 76,554
Tax 45,044 45,044
Prepayments 18,019 14,847
Accrued Income 234,211 150,571
384,750 378,850

FORGE MOBILITY SERVICES LIMITED (REGISTERED NUMBER: 08284509)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,204 9,952
Trade creditors 161,438 130,207
Tax 13,311 26,957
Social security and other taxes 5,779 5,522
VAT 179,297 141,121
Other creditors 5,959 4,882
Accrued expenses 3,745 4,000
379,733 322,641

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans - 1-2 years 10,462 10,204
Bank loans - 2-5 years 7,123 17,584
17,585 27,788

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.4.24 30.4.23
£    £   
Within one year 17,500 17,500
Between one and five years 26,250 43,750
43,750 61,250

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
P D Ward
Balance outstanding at start of year 76,554 60,680
Amounts advanced - 15,874
Amounts repaid (37,045 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 39,509 76,554

Mrs R J Ward
Balance outstanding at start of year - -
Amounts advanced 40,276 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 40,276 -

FORGE MOBILITY SERVICES LIMITED (REGISTERED NUMBER: 08284509)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


9. RELATED PARTY DISCLOSURES

At the period-end the Company was owed £39,509 (2023: £76,554) by a director. The loan is provided at the official rate of interest, compounded monthly. Interest of £1,016 (2023: £1,517) was charged on the loan during the 12 months to 30 April 2024. The loan is repayable upon demand.

At the period-end the Company was owed £40,276 (2023: £79,891) by a second director. The loan is provided at the official rate of interest, compounded monthly. Interest of £1,199 (2023: £1,593) was charged on the loans during the 12 months to 30 April 2024. The loan is repayable upon demand.

During the 12 months to 30 April 2024 the Company received services from a related party totalling £411,124 (2023: £352,042), of which none (2023: £nil) was outstanding at the period-end. At the period-end no loans (2023: £10,000) from the same related party were outstanding.