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Company Registration No. 12728477 (England and Wales)
Foree Market Limited Unaudited accounts for the year ended 30 June 2025
Foree Market Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Foree Market Limited Company Information for the year ended 30 June 2025
Director
Mr Munawar Hussain
Company Number
12728477 (England and Wales)
Registered Office
263 Queens Road Halifax West Yorkshire HX1 4NS
Accountants
Sultan Accountants Ltd 298 Gibbet Street Halifax West Yorkshire HX1 4JX
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Foree Market Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
11,800
16,630
Current assets
Inventories
34,120
35,460
Cash at bank and in hand
-
15,721
34,120
51,181
Creditors: amounts falling due within one year
5
(12,048)
(6,656)
Net current assets
22,072
44,525
Total assets less current liabilities
33,872
61,155
Creditors: amounts falling due after more than one year
6
(25,705)
(30,169)
Net assets
8,167
30,986
Capital and reserves
Called up share capital
1
1
Profit and loss account
8,166
30,985
Shareholders' funds
8,167
30,986
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 6 November 2025 and were signed on its behalf by
Mr Munawar Hussain Director Company Registration No. 12728477
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Foree Market Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Foree Market Limited is a private company, limited by shares, registered in England and Wales, registration number 12728477. The registered office is 263 Queens Road, Halifax, West Yorkshire, HX1 4NS.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
Fixtures & fittings
15%
Computer equipment
15%
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
12,500
31,100
1,100
44,700
At 30 June 2025
12,500
31,100
1,100
44,700
Depreciation
At 1 July 2024
12,500
14,910
660
28,070
Charge for the year
-
4,665
165
4,830
At 30 June 2025
12,500
19,575
825
32,900
Net book value
At 30 June 2025
-
11,525
275
11,800
At 30 June 2024
-
16,190
440
16,630
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Foree Market Limited Notes to the Accounts for the year ended 30 June 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,543
-
VAT
1,155
1,591
Trade creditors
-
4,265
Other creditors
350
800
12,048
6,656
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
25,705
30,169
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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