Acorah Software Products - Accounts Production 16.1.300 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10430912 Mr Timothy Antos iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10430912 2023-10-31 10430912 2024-10-31 10430912 2023-11-01 2024-10-31 10430912 frs-core:CurrentFinancialInstruments 2024-10-31 10430912 frs-core:Non-currentFinancialInstruments 2024-10-31 10430912 frs-core:FurnitureFittings 2024-10-31 10430912 frs-core:FurnitureFittings 2023-11-01 2024-10-31 10430912 frs-core:FurnitureFittings 2023-10-31 10430912 frs-core:ShareCapital 2024-10-31 10430912 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10430912 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10430912 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10430912 frs-bus:SmallEntities 2023-11-01 2024-10-31 10430912 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10430912 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10430912 frs-bus:Director1 2023-11-01 2024-10-31 10430912 frs-countries:EnglandWales 2023-11-01 2024-10-31 10430912 2022-10-31 10430912 2023-10-31 10430912 2022-11-01 2023-10-31 10430912 frs-core:CurrentFinancialInstruments 2023-10-31 10430912 frs-core:Non-currentFinancialInstruments 2023-10-31 10430912 frs-core:ShareCapital 2023-10-31 10430912 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 10430912
FORGE CAPITAL LIMITED
Financial Statements
For The Year Ended 31 October 2024
AJN Accountants Limited
Hideaway Workspace Office 43
1 Empire Mews
Streatham
SW16 2BF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10430912
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,603 -
Investment Properties 5 547,900 541,043
549,503 541,043
CURRENT ASSETS
Debtors 6 1,121 -
Cash at bank and in hand 4,078 4,178
5,199 4,178
Creditors: Amounts Falling Due Within One Year 7 (6,716 ) (9,546 )
NET CURRENT ASSETS (LIABILITIES) (1,517 ) (5,368 )
TOTAL ASSETS LESS CURRENT LIABILITIES 547,986 535,675
Creditors: Amounts Falling Due After More Than One Year 8 (658,583 ) (629,496 )
NET LIABILITIES (110,597 ) (93,821 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (110,598 ) (93,822 )
SHAREHOLDERS' FUNDS (110,597) (93,821)
Page 1
Page 2
For the year ending 31 October 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 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 Timothy Antos
Director
21/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
FORGE CAPITAL LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10430912 . The registered office is 2 Eden Mews, Kingston Upon Thames, London, KT2 7FH.
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. The financial statements are presented in £ Sterling. 
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 50% SL
2.5. Investment Properties
Investment property, which is property held to earn rentals, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.
Subsequently it is measured at fair value at the reporting date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Deferred tax is provided on these gains at the rate expected to apply if the property is sold at the balance sheet date. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2023 1,605
Additions 2,137
As at 31 October 2024 3,742
Depreciation
As at 1 November 2023 1,605
Provided during the period 534
As at 31 October 2024 2,139
Net Book Value
As at 31 October 2024 1,603
As at 1 November 2023 -
Page 3
Page 4
5. Investment Property
2024
£
Fair Value
As at 1 November 2023 541,043
Additions 6,857
As at 31 October 2024 547,900
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,121 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 4,750 7,530
Other creditors 1,966 2,016
6,716 9,546
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 408,773 408,773
Other creditors 249,810 220,723
658,583 629,496
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4