9 March 2024 false No description of principal activity Taxfiler 2024.6 15551226business:PrivateLimitedCompanyLtd2024-03-092025-03-31 155512262024-03-08 155512262024-03-092025-03-31 15551226business:AuditExemptWithAccountantsReport2024-03-092025-03-31 15551226business:FilletedAccounts2024-03-092025-03-31 155512262025-03-31 15551226business:Director12024-03-092025-03-31 15551226business:RegisteredOffice2024-03-092025-03-31 15551226core:WithinOneYear2025-03-31 15551226core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 15551226core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 15551226core:PreviouslyStatedAmount2025-03-31 15551226business:SmallEntities2024-03-092025-03-31 15551226countries:EnglandWales2024-03-092025-03-31 15551226core:PlantMachinery2024-03-092025-03-31 15551226core:MotorVehicles2024-03-092025-03-31 15551226core:PlantMachinery2024-03-08 15551226core:MotorVehicles2024-03-08 15551226core:PlantMachinery2025-03-31 15551226core:MotorVehicles2025-03-31 15551226business:OrdinaryShareClass12024-03-092025-03-31 15551226business:Director112024-03-092025-03-31 15551226business:Director112024-03-08 15551226business:Director112025-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 15551226 (England and Wales)
FOUNDATIONS FORWARD LTD Unaudited accounts for the period from 9 March 2024 to 31 March 2025
FOUNDATIONS FORWARD LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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FOUNDATIONS FORWARD LTD Company Information for the period from 9 March 2024 to 31 March 2025
Director
David Barr
Company Number
15551226 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN United Kingdom
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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FOUNDATIONS FORWARD LTD Accountants' report
Accountants' report to the director of FOUNDATIONS FORWARD LTD on the preparation of the unaudited statutory accounts for the period from 9 March 2024 to 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FOUNDATIONS FORWARD LTD for the period from 9 March 2024 to 31 March 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of FOUNDATIONS FORWARD LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of FOUNDATIONS FORWARD LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FOUNDATIONS FORWARD LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that FOUNDATIONS FORWARD LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of FOUNDATIONS FORWARD LTD. You consider that FOUNDATIONS FORWARD LTD is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of FOUNDATIONS FORWARD LTD. 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 accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 29 May 2025
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FOUNDATIONS FORWARD LTD Statement of financial position as at 31 March 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
4
4,423 
Current assets
Debtors
5
4,253 
Cash at bank and in hand
1,711 
5,964 
Creditors: amounts falling due within one year
6
(14,396)
Net current liabilities
(8,432)
Net liabilities
(4,009)
Capital and reserves
Called up share capital
7
10 
Profit and loss account
(4,019)
Shareholders' funds
(4,009)
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 29 May 2025 and were signed on its behalf by
David Barr Director Company Registration No. 15551226
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FOUNDATIONS FORWARD LTD Notes to the Accounts for the period from 9 March 2024 to 31 March 2025
1
Statutory information
FOUNDATIONS FORWARD LTD is a private company, limited by shares, registered in England and Wales, registration number 15551226. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, United Kingdom.
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 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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 9 March 2024
- 
- 
- 
Additions
1,738 
4,000 
5,738 
At 31 March 2025
1,738 
4,000 
5,738 
Depreciation
Charge for the period
398 
917 
1,315 
At 31 March 2025
398 
917 
1,315 
Net book value
At 31 March 2025
1,340 
3,083 
4,423 
5
Debtors
2025 
£ 
Amounts falling due within one year
VAT
1,389 
Other debtors
2,864 
4,253 
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FOUNDATIONS FORWARD LTD Notes to the Accounts for the period from 9 March 2024 to 31 March 2025
6
Creditors: amounts falling due within one year
2025 
£ 
Bank loans and overdrafts
50 
Loans from directors
13,799 
Accruals
547 
14,396 
7
Share capital
2025 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
David Barr
Director Loan Account
- 
(23,468)
(9,669)
(13,799)
- 
(23,468)
(9,669)
(13,799)
9
Average number of employees
During the period the average number of employees was 1.
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