Registered number
SC787298
FORTH AUTO LAB UK LTD
Filleted Accounts
31 October 2024

FORTH AUTO LAB UK LTD
Registered number: | SC787298
Balance Sheet
as at 31 October 2024
Notes |  |  |  |
£ |
Fixed assets
Tangible assets | 3 |  |  | 10,539
Current assets
Cash at bank and in hand |  |  | 202
Creditors: amounts falling due within one year | 4 |  | (15,000)
Net current liabilities |  |  |  | (14,798) |
Net liabilities |  |  |  | (4,259) |
Capital and reserves
Called up share capital |  |  |  | (100)
Profit and loss account |  |  |  | (4,159)
Shareholders' funds |  |  |  | (4,259) |
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Mohammed Imran Moughal
Director
Approved by the board on 12 September 2025

FORTH AUTO LAB UK LTD
Notes to the Accounts
for the period ended 31 October 2024
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Fixtures, fittings, tools and equipment | 10% on reducing bases
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 | Employees
Number |
| Average number of persons employed by the company | 2
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Fixture and fittings etc
£
| Cost
| Additions | 10,539
| At 31 October 2024 | 10,539
| Depreciation
| At 31 October 2024 | -
| Net book value
| At 31 October 2024 | 10,539
4 | Creditors: amounts falling due within one year
£ |
| Trade creditors | 500
| Director's loan account | 14,500
|  |  |  |  |  | 15,000 |

FORTH AUTO LAB UK LTD SC787298 false 2023-10-27 2024-10-31 2024-10-31 VT Final Accounts April 2025 Mr Mohammed Imran Moughal No description of principal activity SC787298 2023-10-27 2024-10-31 SC787298 bus:PrivateLimitedCompanyLtd 2023-10-27 2024-10-31 SC787298 bus:AuditExemptWithAccountantsReport 2023-10-27 2024-10-31 SC787298 bus:Director40 2023-10-27 2024-10-31 SC787298 2 2023-10-27 2024-10-31 SC787298 bus:FRS102 2023-10-27 2024-10-31 SC787298 bus:FilletedAccounts 2023-10-27 2024-10-31 SC787298 2024-10-31 SC787298 core:WithinOneYear 2024-10-31 SC787298 core:ShareCapital 2024-10-31 SC787298 core:RetainedEarningsAccumulatedLosses 2024-10-31 SC787298 2023-10-26 iso4217:GBP xbrli:pure