0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-11-10 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 15274426 2023-11-10 2024-11-30 15274426 2024-11-30 15274426 2023-11-09 15274426 bus:Director1 2023-11-10 2024-11-30 15274426 core:WithinOneYear 2024-11-30 15274426 core:ShareCapital 2024-11-30 15274426 core:RetainedEarningsAccumulatedLosses 2024-11-30 15274426 bus:Director1 2024-11-30 15274426 bus:SmallEntities 2023-11-10 2024-11-30 15274426 bus:AuditExempt-NoAccountantsReport 2023-11-10 2024-11-30 15274426 bus:SmallCompaniesRegimeForAccounts 2023-11-10 2024-11-30 15274426 bus:PrivateLimitedCompanyLtd 2023-11-10 2024-11-30 15274426 bus:FullAccounts 2023-11-10 2024-11-30
COMPANY REGISTRATION NUMBER: 15274426
Forma Network Ltd
Filleted Unaudited Financial Statements
30 November 2024
Forma Network Ltd
Statement of Financial Position
30 November 2024
30 Nov 24
Note
£
Current assets
Debtors
4
6,581
Creditors: amounts falling due within one year
5
6,500
-------
Net current assets
81
----
Total assets less current liabilities
81
----
Net assets
81
----
Capital and reserves
Called up share capital
100
Profit and loss account
( 19)
----
Shareholders funds
81
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 18 July 2025 , and are signed on behalf of the board by:
Mr L Pandolfi
Director
Company registration number: 15274426
Forma Network Ltd
Notes to the Financial Statements
Period from 10 November 2023 to 30 November 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Debtors
30 Nov 24
£
Other debtors
6,581
-------
5. Creditors: amounts falling due within one year
30 Nov 24
£
Other creditors
6,500
-------
6. Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
30 Nov 24
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr L Pandolfi
100
100
----
----
----
7. Controlling party
The company is controlled by L Pandolfi who is the sole director and shareholder.