Company Registration No. 02922102 (England and Wales)
Forte's (wales) Limited
Unaudited accounts
for the year ended 30 April 2025
Forte's (wales) Limited
Unaudited accounts
Contents
Forte's (wales) Limited
Company Information
for the year ended 30 April 2025
Company Number
02922102 (England and Wales)
Registered Office
Hadden Court Building
Penrhyn Avenue Rhos On Sea
COLWYN BAY
Clwyd
LL28 4NH
Wales
Accountants
Power Accountants, Business and Tax Advisors Limited
Royal House, 14 Upper Northgate Street
Chester
CH1 4EE
Forte's (wales) Limited
Statement of financial position
as at 30 April 2025
Tangible assets
499,532
665,488
Cash at bank and in hand
(23,568)
169,396
Creditors: amounts falling due within one year
(80,092)
(114,036)
Net current assets
343,574
70,360
Total assets less current liabilities
843,106
735,848
Provisions for liabilities
Deferred tax
(1,265)
(1,582)
Net assets
841,841
734,266
Called up share capital
1,000
1,000
Share premium
572,002
572,002
Profit and loss account
268,839
161,264
Shareholders' funds
841,841
734,266
For the year ending 30 April 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 11 January 2026 and were signed on its behalf by
Andrew Riley
Director
Company Registration No. 02922102
Forte's (wales) Limited
Notes to the Accounts
for the year ended 30 April 2025
Forte's (wales) Limited is a private company, limited by shares, registered in England and Wales, registration number 02922102. The registered office is Hadden Court Building, Penrhyn Avenue Rhos On Sea, COLWYN BAY, Clwyd, LL28 4NH, Wales.
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.
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.
These financial statements have been prepared in accordance with the provisions of Section 1A"Small Entities “of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable services rendered, stated net of discounts and of Value Added Tax.
When the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes in effect a financing transaction, the fair value of the consideration is measured as the present value of all future receipts determined using an imputed rate of interest, normally the rate that discounts the nominal amount of consideration to the cash sales price.
Forte's (wales) Limited
Notes to the Accounts
for the year ended 30 April 2025
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued, non-depreciable tangible
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rents received relates to income received from renting the investment property component of freehold property.
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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2024
657,160
181,974
839,134
Disposals
(164,290)
-
(164,290)
At 30 April 2025
492,870
181,974
674,844
At 1 May 2024
-
173,646
173,646
Charge for the year
-
1,666
1,666
At 30 April 2025
-
175,312
175,312
At 30 April 2025
492,870
6,662
499,532
At 30 April 2024
657,160
8,328
665,488
Amounts falling due within one year
Forte's (wales) Limited
Notes to the Accounts
for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
3,795
3,901
Taxes and social security
38,322
38,363
Other creditors
6,183
24,078
Loans from directors
26,267
21,515
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Average number of employees
During the year the average number of employees was 0 (2024: 26).