1 April 2023 true No description of principal activity Taxfiler 2024.6 07441016business:PrivateLimitedCompanyLtd2023-04-012024-03-31 074410162023-03-31 07441016business:EntityNoLongerTradingButTradedInPast2023-04-012024-03-31 074410162023-04-012024-03-31 07441016business:AuditExemptWithAccountantsReport2023-04-012024-03-31 07441016business:FilletedAccounts2023-04-012024-03-31 074410162024-03-31 07441016business:Director12023-04-012024-03-31 07441016business:RegisteredOffice2023-04-012024-03-31 074410162023-03-31 07441016core:WithinOneYear2024-03-31 07441016core:WithinOneYear2023-03-31 07441016core:AfterOneYear2024-03-31 07441016core:AfterOneYear2023-03-31 07441016core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 07441016core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 07441016core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 07441016core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 07441016core:PreviouslyStatedAmount2024-03-31 07441016core:PreviouslyStatedAmount2023-03-31 07441016business:SmallEntities2023-04-012024-03-31 07441016countries:EnglandWales2023-04-012024-03-31 07441016core:LandBuildings2023-04-012024-03-31 07441016core:LandBuildings2023-03-31 07441016core:PlantMachinery2023-03-31 07441016core:LandBuildings2024-03-31 07441016core:PlantMachinery2024-03-31 07441016core:PlantMachinery2023-04-012024-03-31 074410162022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07441016 (England and Wales)
Forbesregal Limited Unaudited accounts for the year ended 31 March 2024
Forbesregal Limited Unaudited accounts Contents
Page
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Forbesregal Limited Company Information for the year ended 31 March 2024
Director
Rashad Ali
Company Number
07441016 (England and Wales)
Registered Office
42-44 Adelaide Street Bradford West Yorkshire BD5 0EA
Accountants
Axiom Accountants Ltd 42-44 Adelaide Street Bradford West Yorkshire BD5 0EA
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Forbesregal Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
89,561 
89,836 
Current assets
Debtors
4,802 
14,735 
Cash at bank and in hand
7,938 
2,618 
12,740 
17,353 
Creditors: amounts falling due within one year
(71,283)
(73,454)
Net current liabilities
(58,543)
(56,101)
Total assets less current liabilities
31,018 
33,735 
Creditors: amounts falling due after more than one year
(461,893)
(283,500)
Net liabilities
(430,875)
(249,765)
Capital and reserves
Called up share capital
12 
12 
Profit and loss account
(430,887)
(249,777)
Shareholders' funds
(430,875)
(249,765)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 May 2025 and were signed on its behalf by
Rashad Ali Director Company Registration No. 07441016
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Forbesregal Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Forbesregal Limited is a private company, limited by shares, registered in England and Wales, registration number 07441016. The registered office is 42-44 Adelaide Street, Bradford, West Yorkshire, BD5 0EA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
89,560 
1,101 
90,661 
At 31 March 2024
89,560 
1,101 
90,661 
Depreciation
At 1 April 2023
- 
825 
825 
Charge for the year
- 
275 
275 
At 31 March 2024
- 
1,100 
1,100 
Net book value
At 31 March 2024
89,560 
1 
89,561 
At 31 March 2023
89,560 
276 
89,836 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
3,750 
3,750 
Other debtors
1,052 
10,985 
4,802 
14,735 
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Forbesregal Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
12,724 
Loans from directors
65,833 
55,780 
Accruals
5,450 
4,950 
71,283 
73,454 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
461,893 
283,500 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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