Acorah Software Products - Accounts Production 16.4.675 false true 31 August 2023 1 September 2022 false 1 September 2023 31 January 2025 31 January 2025 10317874 Mr Liam Forry Mrs Victoria Forry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10317874 2023-08-31 10317874 2025-01-31 10317874 2023-09-01 2025-01-31 10317874 frs-core:CurrentFinancialInstruments 2025-01-31 10317874 frs-core:Non-currentFinancialInstruments 2025-01-31 10317874 frs-core:MotorVehicles 2025-01-31 10317874 frs-core:MotorVehicles 2023-09-01 2025-01-31 10317874 frs-core:MotorVehicles 2023-08-31 10317874 frs-core:ShareCapital 2025-01-31 10317874 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 10317874 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2025-01-31 10317874 frs-bus:FilletedAccounts 2023-09-01 2025-01-31 10317874 frs-bus:SmallEntities 2023-09-01 2025-01-31 10317874 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2025-01-31 10317874 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2025-01-31 10317874 frs-bus:Director1 2023-09-01 2025-01-31 10317874 frs-bus:Director1 2023-08-31 10317874 frs-bus:Director1 2025-01-31 10317874 frs-bus:Director2 2023-09-01 2025-01-31 10317874 1 2023-09-01 2025-01-31 10317874 frs-countries:EnglandWales 2023-09-01 2025-01-31 10317874 2022-08-31 10317874 2023-08-31 10317874 2022-09-01 2023-08-31 10317874 frs-core:CurrentFinancialInstruments 2023-08-31 10317874 frs-core:Non-currentFinancialInstruments 2023-08-31 10317874 frs-core:ShareCapital 2023-08-31 10317874 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 10317874 1 2022-09-01 2023-08-31
Registered number: 10317874
Forry Limited
Unaudited Financial Statements
For the Period 1 September 2023 to 31 January 2025
Your Tax Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10317874
31 January 2025 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,185 28,157
18,185 28,157
CURRENT ASSETS
Debtors 5 35,383 30,880
Cash at bank and in hand 23,951 28,056
59,334 58,936
Creditors: Amounts Falling Due Within One Year 6 (66,794 ) (53,197 )
NET CURRENT ASSETS (LIABILITIES) (7,460 ) 5,739
TOTAL ASSETS LESS CURRENT LIABILITIES 10,725 33,896
Creditors: Amounts Falling Due After More Than One Year 7 (4,365 ) (15,722 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,546 ) (7,039 )
NET ASSETS 1,814 11,135
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account 1,813 11,134
SHAREHOLDERS' FUNDS 1,814 11,135
Page 1
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For the period ending 31 January 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 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 Liam Forry
Director
29/08/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Forry Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10317874 . The registered office is 16 Victoria Road, Tamworth, Staffordshire, B79 7HL.
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 measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Motor Vehicles 25% reducing balance
2.4. 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 of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the period was:
31 January 2025 31 August 2023
Management and operations 2 2
2 2
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 September 2023 68,165
As at 31 January 2025 68,165
Depreciation
As at 1 September 2023 40,008
Provided during the period 9,972
As at 31 January 2025 49,980
Net Book Value
As at 31 January 2025 18,185
As at 1 September 2023 28,157
5. Debtors
31 January 2025 31 August 2023
£ £
Due within one year
Trade debtors 26,400 26,400
Other debtors 8,983 4,480
35,383 30,880
6. Creditors: Amounts Falling Due Within One Year
31 January 2025 31 August 2023
£ £
Bank loans and overdrafts 8,595 8,635
Corporation tax 46,194 29,895
Other taxes and social security 10,005 11,399
Other creditors - 1,618
Accruals and deferred income 2,000 1,650
66,794 53,197
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7. Creditors: Amounts Falling Due After More Than One Year
31 January 2025 31 August 2023
£ £
Bank loans 4,365 15,722
8. Secured Creditors
Of the creditors the following amounts are secured.
31 January 2025 31 August 2023
£ £
Bank loans and overdrafts 12,960 24,357
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mr Liam Forry - 6,294 - - 6,294
The above loan is unsecured, interest free and repayable within nine months of the balance sheet date.
10. Related Party Transactions
At 31 January 2025 Trade and Other Debtors include amounts owed by Forry Commercial Limited, a company owned and controlled by the director Mr L Forry. The amount owed at 31 January 2025 was £29,089 (2023 - £30,015).
At 31 January 2025 other creditors included loans made to the company by the directors of £nil (2023- £1,618). The loans are interest free and have no fixed date for repayment.
Tiurnover for the year to 31 January 2025 relates to the provision of services to Forry Commercial Limited, a company under the control of the director, Mr L Forry.
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