Registration number: 07328412

Forensic Equity Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Forensic Equity Limited

Company Information

Directors

S Franc A M L Franc

Registered office

39 Chatsworth Avenue Winnersh Wokingham Berkshire RG41 5EU

Accountants

Tax Innovations Limited Innovations House 19 Staple Gardens Winchester Hampshire SO23 8SR

Forensic Equity Limited

(Registration number: 07328412)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	22,631	40,902
Current assets
Debtors	5	2,194,662	2,139,736
Cash at bank and in hand		481,878	465,482
		2,676,540	2,605,218
Creditors: Amounts falling due within one year	6	(731,717)	(642,620)
Net current assets		1,944,823	1,962,598
Net assets		1,967,454	2,003,500
Capital and reserves
Called up share capital	7	102	102
Retained earnings		1,967,352	2,003,398
Shareholders' funds		1,967,454	2,003,500

Forensic Equity Limited

(Registration number: 07328412)
Balance Sheet as at 31 January 2025

For the financial year ending 31 January 2025 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.

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 29 October 2025 and signed on its behalf by:
 

......................................... S Franc Director

Forensic Equity Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

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

The address of its registered office is:
39 Chatsworth Avenue
Winnersh
Wokingham
Berkshire
RG41 5EU
United Kingdom

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 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 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.

Going concern

The financial statements have been prepared on a going concern basis.

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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Forensic Equity Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tax

The tax expense for the period comprises current 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.

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
Office equipment	Straight line at 25%

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.

Forensic Equity Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

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.

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 7 (2024 - 7).

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 February 2024	208,492	208,492
Additions	8,804	8,804
At 31 January 2025	217,296	217,296
Depreciation
At 1 February 2024	167,590	167,590
Charge for the year	27,075	27,075
At 31 January 2025	194,665	194,665
Carrying amount
At 31 January 2025	22,631	22,631
At 31 January 2024	40,902	40,902

Forensic Equity Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

5

Debtors

Current	Note	2025 £	2024 £
Trade debtors		299,763	552,399
Amounts owed by related parties	8	1,884,215	1,581,559
Other debtors		10,684	5,778
		2,194,662	2,139,736

Forensic Equity Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	118,938	82,267
Taxation and social security	102,755	155,381
Accruals and deferred income	2,000	2,000
Other creditors	508,024	402,972
	731,717	642,620

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2
Ordinary B of £1 each	100	100	100	100
	102	102	102	102

8	Related party transactions

Transactions with directors

2025	At 1 February 2024 £	Other payments made to company by director £	At 31 January 2025 £
A M L Franc
Provision of a working capital loan with no interest or fixed rate of repayment	23,711	-	23,711
S Franc
Provision of a working capital loan with no interest or fixed date of repayment	360,872	110,255	471,127

Forensic Equity Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

2024	At 1 February 2023 £	Other payments made to company by director £	At 31 January 2024 £
A M L Franc
Provision of a working capital loan with no interest or fixed rate of repayment	23,711	-	23,711
S Franc
Provision of a working capital loan with no interest or fixed date of repayment	131,007	229,865	360,872

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	540,000	860,425

Summary of transactions with all entities with joint control or significant interest

Quatervois Limited
Kulpa Limited (Companies controlled by the same controlling party)
Provision of a working capital loan with no interest or fixed date of repayment.

Income and receivables from related parties

2025	Entities with joint control or significant influence £
Amounts receivable from related party	1,884,215

2024	Entities with joint control or significant influence £
Amounts receivable from related party	1,581,559

9	Parent and ultimate parent undertaking

The ultimate controlling party is S Franc.