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Registered number: 08879560
Forceselect Group Limited
Unaudited Financial Statements
For The Year Ended 27 February 2025
SRC Advisory
2nd Floor Preston Park House
South Road
Brighton
BN1 6SB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08879560
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 133 622
133 622
CURRENT ASSETS
Debtors 5 68,764 34,660
Cash at bank and in hand 366 662
69,130 35,322
Creditors: Amounts Falling Due Within One Year 6 (364,519 ) (300,646 )
NET CURRENT ASSETS (LIABILITIES) (295,389 ) (265,324 )
TOTAL ASSETS LESS CURRENT LIABILITIES (295,256 ) (264,702 )
Creditors: Amounts Falling Due After More Than One Year 7 (88,430 ) (199,898 )
NET LIABILITIES (383,686 ) (464,600 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Share premium account 266,371 266,371
Profit and Loss Account (651,057 ) (731,971 )
SHAREHOLDERS' FUNDS (383,686) (464,600)
Page 1
Page 2
For the year ending 27 February 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr H Andree
Director
5 August 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Forceselect Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08879560 . The registered office is First Floor Redington Court, 69 Church Road, Hove, BN3 2BB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% SL
Computer Equipment 33% SL
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 3)
2 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 28 February 2024 50,888 2,488 53,376
As at 27 February 2025 50,888 2,488 53,376
Depreciation
As at 28 February 2024 50,532 2,222 52,754
Provided during the period 356 133 489
As at 27 February 2025 50,888 2,355 53,243
Net Book Value
As at 27 February 2025 - 133 133
As at 28 February 2024 356 266 622
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Page 4
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 14,112
Prepayments and accrued income 5,764 2,863
Other debtors 6,000 6,000
Other debtors - KTA 8,800 8,800
Net wages - 2,885
Amounts owed by associates 48,200 -
68,764 34,660
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 9,461 25,774
Bank loans and overdrafts 7,900 9,900
Corporation tax 200 200
Other taxes and social security 92,107 54,822
VAT 63,472 36,856
Net wages 5,294 -
Loan - Razwan Anwar 800 3,000
Rent Deposit Held 1,917 -
Pension payable 294 294
Accruals 2,250 1,950
Directors' loan accounts 12,633 2,659
Amounts owed to associates 168,191 165,191
364,519 300,646
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 10,455 18,823
Other loans 77,975 181,075
88,430 199,898
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4