Company registration number 05317273 (England and Wales)
FORWARD PRECISION ENGINEERING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
FORWARD PRECISION ENGINEERING LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
92,106
122,412
Current assets
167,085
138,187
Prepayments and accrued income
1,431
1,588
Creditors: amounts falling due within one year
(168,425)
(120,582)
Net current assets
91
19,193
Total assets less current liabilities
92,197
141,605
Creditors: amounts falling due after more than one year
(2,462)
(5,853)
Net assets
89,735
135,752
Capital and reserves
89,735
135,752
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year, the company made a loan of £55,114 to its director. The loan is unsecured, interest-free and repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
6
6
Forward Precision Engineering Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 1, Pitt Street West, Burslem, Stoke On Trent, Staffordshire, United Kingdom, ST6 3JW.
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
FORWARD PRECISION ENGINEERING LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 30 September 2025 and are signed on its behalf by:
Mr M W Day
Director
Company registration number 05317273 (England and Wales)