FOREVER 1 LTD

Company Registration Number:
12720782 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

FOREVER 1 LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

FOREVER 1 LTD

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 83,333 83,333
Tangible assets: 4 182,728 200,266
Total fixed assets: 266,061 283,599
Current assets
Stocks: 39,500 42,995
Debtors: 5 144,821 247,117
Cash at bank and in hand: 59,370 123,320
Total current assets: 243,691 413,432
Creditors: amounts falling due within one year: 6 (237,054) (314,382)
Net current assets (liabilities): 6,637 99,050
Total assets less current liabilities: 272,698 382,649
Total net assets (liabilities): 272,698 382,649
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 272,598 382,549
Shareholders funds: 272,698 382,649

The notes form part of these financial statements

FOREVER 1 LTD

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 June 2025
and signed on behalf of the board by:

Name: Hajinder Kaur
Status: Director

The notes form part of these financial statements

FOREVER 1 LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FOREVER 1 LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 52 54

FOREVER 1 LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Intangible Assets

Total
Cost £
At 01 November 2023 83,333
At 31 October 2024 83,333
Net book value
At 31 October 2024 83,333
At 31 October 2023 83,333

FOREVER 1 LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Tangible Assets

Total
Cost £
At 01 November 2023 269,920
Additions 5,400
At 31 October 2024 275,320
Depreciation
At 01 November 2023 69,654
Charge for year 22,938
At 31 October 2024 92,592
Net book value
At 31 October 2024 182,728
At 31 October 2023 200,266

FOREVER 1 LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors

2024
£
Debtors due after more than one year: 144,821

Prepayments

FOREVER 1 LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Creditors: amounts falling due within one year note

237054 (VAT, Taxes and social security, Loans from Director and Accruals