1 January 2024 false No description of principal activity Taxfiler 2024.6 12232941business:PrivateLimitedCompanyLtd2024-01-012024-12-31 122329412023-12-31 122329412024-01-012024-12-31 12232941business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 12232941business:FilletedAccounts2024-01-012024-12-31 122329412024-12-31 12232941business:Director12024-01-012024-12-31 12232941business:Director22024-01-012024-12-31 12232941business:RegisteredOffice2024-01-012024-12-31 122329412023-12-31 12232941core:WithinOneYear2024-12-31 12232941core:WithinOneYear2023-12-31 12232941core:AfterOneYear2024-12-31 12232941core:AfterOneYear2023-12-31 12232941core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 12232941core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12232941core:SharePremiumcore:PreviouslyStatedAmount2024-12-31 12232941core:SharePremiumcore:PreviouslyStatedAmount2023-12-31 12232941core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12232941core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12232941core:PreviouslyStatedAmount2024-12-31 12232941core:PreviouslyStatedAmount2023-12-31 12232941business:SmallEntities2024-01-012024-12-31 12232941countries:EnglandWales2024-01-012024-12-31 12232941core:IntangibleAssetsOtherThanGoodwill2023-12-31 12232941core:IntangibleAssetsOtherThanGoodwill2024-12-31 12232941core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-31 122329412023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12232941 (England and Wales)
FOREVER 8 UK LTD Unaudited accounts for the year ended 31 December 2024
FOREVER 8 UK LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
FOREVER 8 UK LTD Company Information for the year ended 31 December 2024
Directors
Carl Albert Margetts Paul Nicholas Vassilakos
Company Number
12232941 (England and Wales)
Registered Office
International House 64 Nile Street London N1 7SR England
- 3 -
FOREVER 8 UK LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
10,059 
13,923 
Current assets
Inventories
412,283 
688,488 
Debtors
5
140,784 
257,013 
Cash at bank and in hand
420 
100,185 
553,487 
1,045,686 
Creditors: amounts falling due within one year
6
(199,510)
(236,998)
Net current assets
353,977 
808,688 
Total assets less current liabilities
364,036 
822,611 
Creditors: amounts falling due after more than one year
7
(1,784,942)
(1,785,096)
Net liabilities
(1,420,906)
(962,485)
Capital and reserves
Called up share capital
1,000 
1,000 
Share premium
30,960 
30,960 
Profit and loss account
(1,452,866)
(994,445)
Shareholders' funds
(1,420,906)
(962,485)
For the 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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by
Paul Nicholas Vassilakos Director Company Registration No. 12232941
- 4 -
FOREVER 8 UK LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
FOREVER 8 UK LTD is a private company, limited by shares, registered in England and Wales, registration number 12232941. The registered office is International House, 64 Nile Street, London, N1 7SR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
19,810 
At 31 December 2024
19,810 
Amortisation
At 1 January 2024
5,887 
Charge for the year
3,864 
At 31 December 2024
9,751 
Net book value
At 31 December 2024
10,059 
At 31 December 2023
13,923 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
140,784 
225,820 
Accrued income and prepayments
- 
12,397 
Other debtors
- 
18,796 
140,784 
257,013 
- 5 -
FOREVER 8 UK LTD Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
54,723 
13,112 
Trade creditors
36,911 
222,303 
Taxes and social security
354 
1,583 
Other creditors
107,522 
- 
199,510 
236,998 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
1,784,942 
1,785,096 
8
Controlling party
100% of the shares in issuance are owned by Forever 8 Fund LLC
9
Average number of employees
During the year the average number of employees was 2 (2023: 3).
- 6 -