1 December 2024 false No description of principal activity Taxfiler 2024.6 13048930 business:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 13048930 2024-11-30 13048930 2024-12-01 2025-11-30 13048930 business:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 13048930 business:FilletedAccounts 2024-12-01 2025-11-30 13048930 2025-11-30 13048930 business:Director1 2024-12-01 2025-11-30 13048930 business:RegisteredOffice 2024-12-01 2025-11-30 13048930 2024-11-30 13048930 core:WithinOneYear 2025-11-30 13048930 core:WithinOneYear 2024-11-30 13048930 core:AfterOneYear 2025-11-30 13048930 core:AfterOneYear 2024-11-30 13048930 core:ShareCapital core:PreviouslyStatedAmount 2025-11-30 13048930 core:ShareCapital core:PreviouslyStatedAmount 2024-11-30 13048930 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-11-30 13048930 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-11-30 13048930 core:PreviouslyStatedAmount 2025-11-30 13048930 core:PreviouslyStatedAmount 2024-11-30 13048930 business:SmallEntities 2024-12-01 2025-11-30 13048930 countries:EnglandWales 2024-12-01 2025-11-30 13048930 core:PlantMachinery 2024-12-01 2025-11-30 13048930 core:FurnitureFittings 2024-12-01 2025-11-30 13048930 core:IntangibleAssetsOtherThanGoodwill 2024-11-30 13048930 core:IntangibleAssetsOtherThanGoodwill 2025-11-30 13048930 core:IntangibleAssetsOtherThanGoodwill 2024-12-01 2025-11-30 13048930 core:PlantMachinery 2024-11-30 13048930 core:FurnitureFittings 2024-11-30 13048930 core:PlantMachinery 2025-11-30 13048930 core:FurnitureFittings 2025-11-30 13048930 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Company Registration No. 13048930 (England and Wales)
FAIL FORWARD (SUSSEX) LTD Unaudited accounts for the year ended 30 November 2025
FAIL FORWARD (SUSSEX) LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
FAIL FORWARD (SUSSEX) LTD Company Information for the year ended 30 November 2025
Director
Patrick Cascante
Company Number
13048930 (England and Wales)
Registered Office
23 DAWES AVENUE WORTHING WEST SUSSEX BN11 2JY UNITED KINGDOM
Accountants
KMG Accountancy Ltd The Offices 57 Newtown Road Hove BN3 7BA
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of FAIL FORWARD (SUSSEX) LTD for the year ended 30 November 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FAIL FORWARD (SUSSEX) LTD for the year ended 30 November 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
KMG Accountancy Ltd Chartered Accountants The Offices 57 Newtown Road Hove BN3 7BA 10 July 2026
- 4 -
FAIL FORWARD (SUSSEX) LTD Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
1,335
2,668
Tangible assets
5
(1)
11,018
1,334
13,686
Current assets
Debtors
6
2,142
2,142
Cash at bank and in hand
7,044
10,344
9,186
12,486
Creditors: amounts falling due within one year
7
(25,956)
(30,771)
Net current liabilities
(16,770)
(18,285)
Total assets less current liabilities
(15,436)
(4,599)
Creditors: amounts falling due after more than one year
8
(6,640)
(15,243)
Net liabilities
(22,076)
(19,842)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(22,077)
(19,843)
Shareholders' funds
(22,076)
(19,842)
For the year ending 30 November 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 10 July 2026 and were signed on its behalf by
Patrick Cascante Director Company Registration No. 13048930
- 5 -
FAIL FORWARD (SUSSEX) LTD Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
FAIL FORWARD (SUSSEX) LTD is a private company, limited by shares, registered in England and Wales, registration number 13048930. The registered office is 23 DAWES AVENUE, WORTHING, WEST SUSSEX, BN11 2JY, UNITED KINGDOM.
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:
Plant & machinery
4 years
Fixtures & fittings
4 years
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 December 2024
8,000
At 30 November 2025
8,000
Amortisation
At 1 December 2024
5,332
Charge for the year
1,333
At 30 November 2025
6,665
Net book value
At 30 November 2025
1,335
At 30 November 2024
2,668
- 6 -
FAIL FORWARD (SUSSEX) LTD Notes to the Accounts for the year ended 30 November 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 December 2024
142
48,809
48,951
At 30 November 2025
142
48,809
48,951
Depreciation
At 1 December 2024
108
37,825
37,933
Charge for the year
35
10,984
11,019
At 30 November 2025
143
48,809
48,952
Net book value
At 30 November 2025
(1)
-
(1)
At 30 November 2024
34
10,984
11,018
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
2,142
2,142
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,653
1,735
Taxes and social security
1,231
747
Other creditors
(427)
16
Loans from directors
22,849
27,623
Accruals
650
650
25,956
30,771
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
6,640
15,243
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).
- 7 -