Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 01232478 Mr Pierluigi LABADINI Mr Roberto PARENTI iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01232478 2023-09-30 01232478 2024-09-30 01232478 2023-10-01 2024-09-30 01232478 frs-core:CurrentFinancialInstruments 2024-09-30 01232478 frs-core:ComputerEquipment 2023-10-01 2024-09-30 01232478 frs-core:ShareCapital 2024-09-30 01232478 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 01232478 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 01232478 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 01232478 frs-bus:SmallEntities 2023-10-01 2024-09-30 01232478 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 01232478 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 01232478 frs-bus:OrdinaryShareClass2 2023-10-01 2024-09-30 01232478 frs-bus:OrdinaryShareClass2 2024-09-30 01232478 frs-core:UnlistedNon-exchangeTraded 2024-09-30 01232478 frs-core:UnlistedNon-exchangeTraded 2023-09-30 01232478 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 01232478 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-30 01232478 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 01232478 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 01232478 frs-bus:Director1 2023-10-01 2024-09-30 01232478 frs-bus:Director2 2023-10-01 2024-09-30 01232478 frs-core:CurrentFinancialInstruments 1 2024-09-30 01232478 frs-countries:EnglandWales 2023-10-01 2024-09-30 01232478 2022-09-30 01232478 2023-09-30 01232478 2022-10-01 2023-09-30 01232478 frs-core:CurrentFinancialInstruments 2023-09-30 01232478 frs-core:ShareCapital 2023-09-30 01232478 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 01232478 frs-bus:OrdinaryShareClass2 2022-10-01 2023-09-30 01232478 frs-core:CurrentFinancialInstruments 1 2023-09-30
Forum Investments Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 01232478
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 999 -
Investments 4 882,000 882,000
882,999 882,000
CURRENT ASSETS
Cash at bank and in hand 245,192 215,279
245,192 215,279
Creditors: Amounts Falling Due Within One Year 5 (26,630 ) (21,097 )
NET CURRENT ASSETS (LIABILITIES) 218,562 194,182
TOTAL ASSETS LESS CURRENT LIABILITIES 1,101,561 1,076,182
PROVISIONS FOR LIABILITIES
Deferred Taxation (102,479 ) (102,479 )
NET ASSETS 999,082 973,703
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 998,982 973,603
SHAREHOLDERS' FUNDS 999,082 973,703
For the year ending 30 September 2024 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 directors acknowledge their 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
Mr Pierluigi LABADINI
Director
23/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Forum Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01232478 . The registered office is C/O Kumar & Co Chartered Accountants, Springfield House, 23 Oatlands Drive, Surrey, KT13 9LZ.
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 recognised at the fair value of the consideration received or receivable for rental income in the period in the normal course of business.
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:
Computer Equipment 25% RBM
2.4. Investment Properties
Investment property, which is property held to earn rentals and or capital appreciation, is initially recognised at cost, which includes purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date.The surplus or deficit on revaluation is recognised in profit or loss.
Where Fair Value can not be achieved without the undue cost or effort, investment property is accounted for as tangible fixed asset.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end date
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. the deferred tax balance has not been discounted. A deferred taxation asset on the realisation of investment properties is not recognised where there is no current expectation of the asset being available for use.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investments
Unlisted
£
Cost
As at 1 October 2023 882,000
As at 30 September 2024 882,000
Provision
As at 1 October 2023 -
As at 30 September 2024 -
...CONTINUED
Page 2
Page 3
Net Book Value
As at 30 September 2024 882,000
As at 1 October 2023 882,000
Investment property as at 30 September 2024 held for rental purposes. The fair value of the investment property has been arrived at on the basis of a valuation carried out at by the directors.The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 21,859 14,864
Other creditors 201 343
Income received in advance 1,248 1,050
Accruals and deferred income 3,322 4,840
26,630 21,097
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary A shares of £ 1 each 100 100
7. Profit & Loss Account
Retained Earnings Made up of:
Retained Earnings (Distributable) £498,642 Revaluation on Investment Property (Non Distributable) £500,340 Retained Earnings as at 30 September 2024 £998,982.
Page 3