Company Registration No. 07441016 (England and Wales)
Forbesregal Limited
Unaudited accounts
for the year ended 31 March 2024
Forbesregal Limited
Unaudited accounts
Contents
Forbesregal Limited
Company Information
for the year ended 31 March 2024
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
Forbesregal Limited
Statement of financial position
as at 31 March 2024
Tangible assets
89,561
89,836
Cash at bank and in hand
7,938
2,618
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)
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
Forbesregal Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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
Charge for the year
-
275
275
At 31 March 2024
-
1,100
1,100
At 31 March 2024
89,560
1
89,561
At 31 March 2023
89,560
276
89,836
Amounts falling due after more than one year
Accrued income and prepayments
3,750
3,750
Other debtors
1,052
10,985
Forbesregal Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
65,833
55,780
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).