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Registered Number: 14083460


 

 

 

FOREVER GLORY LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 June 2023

End date: 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Forever Glory Limited for the year ended 31 May 2024 which comprise the Income Statement, the Statement of Financial Position, the Statement of Changes in Equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://icaew.com/regulations.

This report is made solely to the Board of Directors of Forever Glory Limited, as a body, in accordance with the terms of our engagement letter dated 12 September 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Forever Glory Limited and state those matters that we have agreed to state to the Board of Directors of Forever Glory Limited, as a body, in this report in accordance with AAF 2/10 as detailed at http://icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Forever Glory Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Forever Glory Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and Loss of Forever Glory Limited. You consider that Forever Glory Limited 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 financial statements of Forever Glory Limited. 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 statutory financial statements.



....................................................
P and Co (Partners) LLP
18 Ensign Street
London
E1 8PA
15 January 2025
1
 
 
Notes
 
2024
£
  2023
£
Current assets      
Debtors 3 170   
Cash at bank and in hand 1,299    100 
1,469    100 
Creditors: amount falling due within one year 4 (4,410)  
Net current assets (2,941)   100 
 
Total assets less current liabilities (2,941)   100 
Net assets (2,941)   100 
 

Capital and reserves
     
Called up share capital 5 100    100 
Profit and loss account (3,041)  
Shareholders' funds (2,941)   100 
 


For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 14 January 2025 and were signed by:


-------------------------------
Xin LIU
Director
2
General Information
Forever Glory Limited is a private company, limited by shares, registered in , registration number 14083460, registration address 34 Crescent, Salford, England, M5 4PF.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Debtors: amounts falling due within one year

2024
£
  2023
£
VAT 170   
170   

4.

Creditors: amount falling due within one year

2024
£
  2023
£
Accrued Expenses 2,120   
Directors' Current Accounts 2,290   
4,410   

5.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Ordinary shares of £1.00 each 100    100 
100    100 

3