1 June 2023 v2025.5.2 micro_entity_frs_105_v1_1_2 filingSoftwarefalsetruetruetruefalseNo description of principal activity0truexbrli:purexbrli:sharesiso4217:GBP133957232023-06-012024-05-31133957232024-05-31133957232023-05-3113395723core:WithinOneYear2024-05-3113395723core:WithinOneYear2023-05-3113395723core:AfterOneYear2024-05-3113395723core:AfterOneYear2023-05-3113395723bus:RegisteredOffice2023-06-012024-05-3113395723bus:Director12023-06-012024-05-311339572312023-06-012024-05-31133957232022-06-012023-05-3113395723countries:EnglandWales2023-06-012024-05-3113395723bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3113395723bus:PrivateLimitedCompanyLtd2023-06-012024-05-3113395723bus:Micro-entities2023-06-012024-05-3113395723bus:FullAccounts2023-06-012024-05-31
Company registration number:
13395723
Forge Property Group Limited
Unaudited Filleted Financial Statements for the year ended
31 May 2024
Forge Property Group Limited
Statement of Financial Position
31 May 2024
20242023
££
Fixed assets
2,337,986
 
2,337,986
 
   
Current assets
109,379
 
109,464
 
Prepayments and accrued income
909
 
753
 
Creditors: amounts falling due within one year
(672,102
)
(670,423
)
Net current liabilities
(561,814
)
(560,206
)
Total assets less current liabilities
1,776,172
 
1,777,780
 
Creditors: amounts falling due after more than one year
(1,705,221
)
(1,705,138
)
Accruals and deferred income
(1,800
)
(9,576
)
Net assets
69,151
 
63,066
 
   
Capital and reserves
69,151
 
63,066
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Creative Industries Centre
,
Glaisher Drive
,
Wolverhampton
,
WV10 9TG
, United Kingdom.
These financial statements are presented in GBP, which is the Company’s functional currency. All amounts have been rounded to the nearest pound, unless otherwise indicated.
The principal activity of the company in the year under review was buying and letting out of owned real estate.

2 Average number of employees

The average number of persons employed by the company during the year was
1
(2023: nil).

3 Directors' advances, credit and guarantees

The company owed £652,398 (£650,303 2023) to its directors as at 31st May 2024.
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.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
28 January 2025
, and are signed on behalf of the board by:
B Patel
Director
Company registration number:
13395723