Acorah Software Products - Accounts Production 16.2.850 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10431069 C M Rowles iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10431069 2023-10-31 10431069 2024-10-31 10431069 2023-11-01 2024-10-31 10431069 frs-core:CurrentFinancialInstruments 2024-10-31 10431069 frs-core:Non-currentFinancialInstruments 2024-10-31 10431069 frs-core:BetweenOneFiveYears 2024-10-31 10431069 frs-core:ComputerEquipment 2024-10-31 10431069 frs-core:ComputerEquipment 2023-11-01 2024-10-31 10431069 frs-core:ComputerEquipment 2023-10-31 10431069 frs-core:FurnitureFittings 2024-10-31 10431069 frs-core:FurnitureFittings 2023-11-01 2024-10-31 10431069 frs-core:FurnitureFittings 2023-10-31 10431069 frs-core:PlantMachinery 2024-10-31 10431069 frs-core:PlantMachinery 2023-11-01 2024-10-31 10431069 frs-core:PlantMachinery 2023-10-31 10431069 frs-core:WithinOneYear 2024-10-31 10431069 frs-core:ShareCapital 2024-10-31 10431069 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10431069 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10431069 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10431069 frs-bus:SmallEntities 2023-11-01 2024-10-31 10431069 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 10431069 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10431069 frs-bus:Director1 2023-11-01 2024-10-31 10431069 frs-countries:EnglandWales 2023-11-01 2024-10-31 10431069 2022-10-31 10431069 2023-10-31 10431069 2022-11-01 2023-10-31 10431069 frs-core:CurrentFinancialInstruments 2023-10-31 10431069 frs-core:Non-currentFinancialInstruments 2023-10-31 10431069 frs-core:BetweenOneFiveYears 2023-10-31 10431069 frs-core:WithinOneYear 2023-10-31 10431069 frs-core:ShareCapital 2023-10-31 10431069 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 10431069
Forever Sun Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
The Boss Partnership
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10431069
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 135,058 96,724
135,058 96,724
CURRENT ASSETS
Debtors 5 56,998 20,238
Cash at bank and in hand 55,227 9,818
112,225 30,056
Creditors: Amounts Falling Due Within One Year 6 (110,570 ) (132,882 )
NET CURRENT ASSETS (LIABILITIES) 1,655 (102,826 )
TOTAL ASSETS LESS CURRENT LIABILITIES 136,713 (6,102 )
Creditors: Amounts Falling Due After More Than One Year 7 (67,400 ) (16,296 )
NET ASSETS/(LIABILITIES) 69,313 (22,398 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 69,213 (22,498 )
SHAREHOLDERS' FUNDS 69,313 (22,398)
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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
C M Rowles
Director
02/04/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Forever Sun Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10431069 . The registered office is No1 Parkside Court, Greenhough Road, Lichfield, Staffordshire, WS13 7FE.
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. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Plant & Machinery 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 10% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2023: 14)
14 14
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 86,067 51,114 1,426 138,607
Additions 70,835 1,332 - 72,167
As at 31 October 2024 156,902 52,446 1,426 210,774
Depreciation
As at 1 November 2023 24,842 16,046 995 41,883
Provided during the period 26,412 7,279 142 33,833
As at 31 October 2024 51,254 23,325 1,137 75,716
Net Book Value
As at 31 October 2024 105,648 29,121 289 135,058
As at 1 November 2023 61,225 35,068 431 96,724
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 56,998 20,238
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 28,583 13,715
Trade creditors - (3 )
Bank loans and overdrafts 2,919 2,919
Other creditors 76,919 105,947
Taxation and social security 2,149 10,304
110,570 132,882
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 54,023 -
Bank loans 13,377 16,296
67,400 16,296
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 28,583 13,715
Later than one year and not later than five years 54,023 -
82,606 13,715
82,606 13,715
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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