Forefront Certification Limited 09014372 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is Other professional, scientific and technical activities not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true 09014372 2024-01-01 2024-12-31 09014372 2024-12-31 09014372 core:CurrentFinancialInstruments 2024-12-31 09014372 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 09014372 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 09014372 core:FurnitureFittings 2024-12-31 09014372 core:MotorVehicles 2024-12-31 09014372 core:OfficeEquipment 2024-12-31 09014372 bus:SmallEntities 2024-01-01 2024-12-31 09014372 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 09014372 bus:FilletedAccounts 2024-01-01 2024-12-31 09014372 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09014372 bus:RegisteredOffice 2024-01-01 2024-12-31 09014372 bus:Director1 2024-01-01 2024-12-31 09014372 bus:Director3 2024-01-01 2024-12-31 09014372 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09014372 bus:Agent1 2024-01-01 2024-12-31 09014372 core:ComputerEquipment 2024-01-01 2024-12-31 09014372 core:FurnitureFittings 2024-01-01 2024-12-31 09014372 core:MotorVehicles 2024-01-01 2024-12-31 09014372 core:OfficeEquipment 2024-01-01 2024-12-31 09014372 countries:England 2024-01-01 2024-12-31 09014372 2023-12-31 09014372 core:FurnitureFittings 2023-12-31 09014372 core:MotorVehicles 2023-12-31 09014372 core:OfficeEquipment 2023-12-31 09014372 2023-01-01 2023-12-31 09014372 2023-12-31 09014372 core:CurrentFinancialInstruments 2023-12-31 09014372 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 09014372 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 09014372 core:FurnitureFittings 2023-12-31 09014372 core:MotorVehicles 2023-12-31 09014372 core:OfficeEquipment 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 09014372

Forefront Certification Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 December 2024

 

Forefront Certification Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 7

 

Forefront Certification Limited

Company Information

Directors

Mrs Baljit Kaur Gill

Mr William John Duncan

Registered office

Basepoint Business Centre Isidore Road
Bromsgrove Enterprise Park
Bromsgrove
B60 3ET

Accountants

Onyx Accountants Limited
Chartered Management AccountantsOnyx House
12 Phoenix Business Park
Avenue Close
Birmingham
West Midlands
B7 4NU

 

Forefront Certification Limited

(Registration number: 09014372)
Abridged Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

149,428

135,374

Tangible assets

5

16,923

23,701

 

166,351

159,075

Current assets

 

Debtors

50,526

34,639

Cash at bank and in hand

 

170,693

77,883

 

221,219

112,522

Prepayments and accrued income

 

4,762

4,910

Creditors: Amounts falling due within one year

(126,980)

(121,136)

Net current assets/(liabilities)

 

99,001

(3,704)

Total assets less current liabilities

 

265,352

155,371

Creditors: Amounts falling due after more than one year

(21,144)

(41,968)

Provisions for liabilities

(3,215)

(4,503)

Accruals and deferred income

 

(156,434)

(71,725)

Net assets

 

84,559

37,175

Capital and reserves

 

Called up share capital

100

100

Retained earnings

84,459

37,075

Shareholders' funds

 

84,559

37,175

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 May 2025 and signed on its behalf by:
 

 

Forefront Certification Limited

(Registration number: 09014372)
Abridged Balance Sheet as at 31 December 2024

.........................................
Mrs Baljit Kaur Gill
Director

 

Forefront Certification Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Basepoint Business Centre Isidore Road
Bromsgrove Enterprise Park
Bromsgrove
B60 3ET
England

These financial statements were authorised for issue by the Board on 9 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Forefront Certification Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

25% on reducing balance

Motor vehicles

25% on reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

Forefront Certification Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2023 - 3).

 

Forefront Certification Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024

4

Intangible assets

Total
£

Cost or valuation

At 1 January 2024

135,374

Additions acquired separately

14,054

At 31 December 2024

149,428

Amortisation

Carrying amount

At 31 December 2024

149,428

At 31 December 2023

135,374

5

Tangible assets

Fixtures and fittings
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 January 2024

-

5,093

28,891

33,984

Additions

134

1,641

-

1,775

At 31 December 2024

134

6,734

28,891

35,759

Depreciation

At 1 January 2024

-

3,060

7,223

10,283

Charge for the year

33

1,298

7,222

8,553

At 31 December 2024

33

4,358

14,445

18,836

Carrying amount

At 31 December 2024

101

2,376

14,446

16,923

At 31 December 2023

-

2,033

21,668

23,701