IRIS Accounts Production v26.1.10.61 02524970 Board of Directors 1.9.24 31.8.25 31.8.25 true false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02524970 2024-08-31 02524970 2025-08-31 02524970 2024-09-01 2025-08-31 02524970 2024-08-26 02524970 2024-08-27 2024-08-31 02524970 2024-08-31 02524970 ns15:EnglandWales 2024-09-01 2025-08-31 02524970 ns14:PoundSterling 2024-09-01 2025-08-31 02524970 ns10:Director1 2024-09-01 2025-08-31 02524970 ns10:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 02524970 ns10:SmallEntities 2024-09-01 2025-08-31 02524970 ns10:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 02524970 ns10:SmallCompaniesRegimeForDirectorsReport 2024-09-01 2025-08-31 02524970 ns10:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 02524970 ns10:FullAccounts 2024-09-01 2025-08-31 02524970 ns10:OrdinaryShareClass1 2024-09-01 2025-08-31 02524970 ns10:OrdinaryShareClass2 2024-09-01 2025-08-31 02524970 ns10:OrdinaryShareClass3 2024-09-01 2025-08-31 02524970 ns10:OrdinaryShareClass4 2024-09-01 2025-08-31 02524970 ns10:Director2 2024-09-01 2025-08-31 02524970 ns10:Director3 2024-09-01 2025-08-31 02524970 ns10:CompanySecretary1 2024-09-01 2025-08-31 02524970 ns10:RegisteredOffice 2024-09-01 2025-08-31 02524970 ns5:CurrentFinancialInstruments 2025-08-31 02524970 ns5:CurrentFinancialInstruments 2024-08-31 02524970 ns5:Non-currentFinancialInstruments 2025-08-31 02524970 ns5:Non-currentFinancialInstruments 2024-08-31 02524970 ns5:ShareCapital 2025-08-31 02524970 ns5:ShareCapital 2024-08-31 02524970 ns5:RevaluationReserve 2025-08-31 02524970 ns5:RevaluationReserve 2024-08-31 02524970 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 02524970 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 02524970 ns5:PlantMachinery 2024-09-01 2025-08-31 02524970 ns5:PlantMachinery 2024-08-31 02524970 ns5:PlantMachinery 2025-08-31 02524970 ns5:PlantMachinery 2024-08-31 02524970 ns5:CostValuation 2024-08-31 02524970 ns5:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-08-31 02524970 ns5:CostValuation 2025-08-31 02524970 ns5:Subsidiary1 2024-09-01 2025-08-31 02524970 1 ns5:Subsidiary1 2024-09-01 2025-08-31 02524970 ns5:Subsidiary1 2025-08-31 02524970 ns5:Subsidiary1 2024-08-31 02524970 ns5:Subsidiary1 2024-08-31 02524970 ns5:Subsidiary1 2024-08-27 2024-08-31 02524970 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-08-31 02524970 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-08-31 02524970 ns10:OrdinaryShareClass1 2025-08-31 02524970 ns10:OrdinaryShareClass2 2025-08-31 02524970 ns10:OrdinaryShareClass3 2025-08-31 02524970 ns10:OrdinaryShareClass4 2025-08-31 02524970 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 02524970 ns5:RevaluationReserve 2024-08-31 02524970 ns5:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 02524970 ns5:RevaluationReserve 2024-09-01 2025-08-31

REGISTERED NUMBER: 02524970 (England and Wales)

FORUM FINANCE LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FORUM FINANCE LIMITED (REGISTERED NUMBER: 02524970)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

FORUM FINANCE LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 AUGUST 2025

| DIRECTORS: | A Mamtora

| B J Mamtora

| N B Mamtora

| SECRETARY: | Mrs C B Mamtora

| REGISTERED OFFICE: | Sai Maa House

| 181 Kenton Road

| Harrow

| Middlesex

| HA3 0EY

| REGISTERED NUMBER: | 02524970 (England and Wales)

| ACCOUNTANTS: | KHI Albury Limited

| 2nd Floor, One Hobbs House,

| Harrovian Business Village

| Bessborough Road

| Harrow

| Middlesex

| HA1 3EX

FORUM FINANCE LIMITED (REGISTERED NUMBER: 02524970)

BALANCE SHEET

31 AUGUST 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 11,853 |  | 18,024 |  |

Investments | 5 | 3,003 |  | 392,334 |  |

Investment property | 6 | 1,504,000 |  | 956,035 |  |

1,518,856 |  | 1,366,393 |  |

CURRENT ASSETS

Debtors | 7 | 757,932 |  | 496,026 |  |

Cash at bank and in hand | 330,010 |  | 204,107 |  |

1,087,942 |  | 700,133 |  |

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 8 | 221,873 |  | 313,640 |  |

NET CURRENT ASSETS | 866,069 |  | 386,493 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,384,925 |  | 1,752,886 |  |

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | 9 | (149,528 | ) | (149,536 | ) |

PROVISIONS FOR LIABILITIES | (140,636 | ) | (3,644 | ) |

NET ASSETS | 2,094,761 |  | 1,599,706 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 10,000 |  | 10,000 |  |

Revaluation reserve | 12 | 487,358 |  | 76,384 |  |

Retained earnings | 12 | 1,597,403 |  | 1,513,322 |  |

SHAREHOLDERS' FUNDS | 2,094,761 |  | 1,599,706 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FORUM FINANCE LIMITED (REGISTERED NUMBER: 02524970)

BALANCE SHEET - continued

31 AUGUST 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by:

B J Mamtora - Director

FORUM FINANCE LIMITED (REGISTERED NUMBER: 02524970)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. | STATUTORY INFORMATION

| Forum Finance Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Preparation of consolidated financial statements

| The financial statements contain information about Forum Finance Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 33% on cost and 25% on reducing balance

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost less a provision for diminution in value.

| Investment property

| Although the Companies Act require the systematic annual depreciation of fixed assets, the directors believe the policy of not providing depreciation is necessary in order for the financial statements to give a true and fair view, since the current value of properties, and changes to that value, are of primary importance rather a calculation of systematic annual depreciation. Depreciation is only one of the many factors reflected in the annual valuation and the amount that might otherwise have been included cannot be separately identified or quantified.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

FORUM FINANCE LIMITED (REGISTERED NUMBER: 02524970)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

2. | ACCOUNTING POLICIES - continued

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Cash at bank and in hand

| Cash at bank and in hand is represented by cash in hand and deposits held with financial institutions repayable without penalty or a notice of not less than 24 hour's.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 14 (2024 - 14 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 September 2024 | 242,569 |  |

| Additions | 1,740 |  |

| At 31 August 2025 | 244,309 |  |

| DEPRECIATION

| At 1 September 2024 | 224,545 |  |

| Charge for year | 7,911 |  |

| At 31 August 2025 | 232,456 |  |

| NET BOOK VALUE

| At 31 August 2025 | 11,853 |  |

| At 31 August 2024 | 18,024 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 September 2024 | 392,334 |  |

| Impairments | (389,331 | ) |

| At 31 August 2025 | 3,003 |  |

| NET BOOK VALUE

| At 31 August 2025 | 3,003 |  |

| At 31 August 2024 | 392,334 |  |

FORUM FINANCE LIMITED (REGISTERED NUMBER: 02524970)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

5. | FIXED ASSET INVESTMENTS - continued

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| Riordan Eabry & Co. Limited

| Registered office: Sai Maa House, 181 Kenton Road, Harrow, Middlesex, England, HA3 0EY

| Nature of business: Insurance Brokers

| %

| Class of shares: | holding |

| Ordinary Shares | 100.00 |

| 31/8/25 |  | 31/8/24

£ | £ |

| Aggregate capital and reserves | 3,003 |  | 144,588 |  |

| Loss for the year | (6,005 | ) | (32,958 | ) |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 September 2024 | 956,035 |  |

| Revaluations | 547,965 |  |

| At 31 August 2025 | 1,504,000 |  |

| NET BOOK VALUE

| At 31 August 2025 | 1,504,000 |  |

| At 31 August 2024 | 956,035 |  |

| Fair value at 31 August 2025 is represented by:

£ |

| Valuation in 2024 | 956,035 |  |

| Valuation in 2025 | 547,965 |  |

1,504,000 |  |

| Investment properties were revalued at the year-end date to their fair value of £1,504,000 by the Directors, based on their online research. If the properties were included in the balance sheet on an historical cost basis, then the carrying amount would be £956,035 (2024 - £956,035). The directors are of the opinion that, given the static nature of the property market in recent times, the difference between the fair value and the estimated fair value was not significant, therefore they have adopted the fair value based on their research.

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed by associates | 1,470 |  | 1,470 |  |

| Other debtors | 756,462 |  | 494,556 |  |

757,932 |  | 496,026 |  |

FORUM FINANCE LIMITED (REGISTERED NUMBER: 02524970)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed to associates | 1,073 |  | 150,428 |  |

| Taxation and social security | 213,200 |  | 155,612 |  |

| Other creditors | 7,600 |  | 7,600 |  |

221,873 |  | 313,640 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans (see note 10) | 149,528 |  | 149,536 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 149,528 |  | 149,536 |  |

10. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 149,528 |  | 149,536 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 4,000 | Ordinary A | £1 | 4,000 |  | 4,000 |  |

| 5,000 | Ordinary B | £1 | 5,000 |  | 5,000 |  |

| 500 | Ordinary C | £1 | 500 |  | 500 |  |

| 500 | Ordinary D | £1 | 500 |  | 500 |  |

10,000 |  | 10,000 |  |

| All shares rank pari passu in all respects.

12. | RESERVES

| Retained |  | Revaluation |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 September 2024 | 1,513,322 |  | 76,384 |  | 1,589,706 |  |

| Profit for the year | 84,081 |  | - |  | 84,081 |  |

| Revaluation during the year | - |  | 410,974 |  | 410,974 |  |

| At 31 August 2025 | 1,597,403 |  | 487,358 |  | 2,084,761 |  |

FORUM FINANCE LIMITED (REGISTERED NUMBER: 02524970)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

13. | RELATED PARTY DISCLOSURES

| At the year-end date, included within debtors is an amount of £65,635 (2024: £16,644) owed by the director B J Mamtora.

| At the year-end date, included within debtors is an amount of £311,220 (2024: £196,719) owed by the director A Mamtora.

| At the year-end date, included within debtors is an amount of £123,923 (2024: £79,707) owed by the director N Mamtora.

| These amounts are unsecured, interest free and repayable on demand.

14. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is B J Mamtora.