Forgex Limited - Filleted accounts

Registered number

13323817

Forgex Limited

Filleted Accounts

31 March 2026

Forgex Limited
Registered number:		13323817
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		32,265			40,889

Current assets
Debtors	4	16,991			50,821
Cash at bank and in hand		132,793			168,367
		149,784			219,188

Creditors: amounts falling due within one year	5	(28,928)			(94,867)

Net current assets			120,856			124,321

Total assets less current liabilities			153,121			165,210

Creditors: amounts falling due after more than one year	6		(8,339)			(13,721)

Provisions for liabilities			(6,182)			(7,770)


Net assets			138,600			143,719

Capital and reserves
Called up share capital			104			104
Profit and loss account			138,496			143,615

Shareholders' funds			138,600			143,719

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Dickinson
Director
Approved by the board on 14 July 2026

Forgex Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	25% reducing balance basis
	Motor vehicles	20% reducing balance basis

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			3		3


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	23,316		43,429		66,745
	At 31 March 2026	23,316		43,429		66,745

	Depreciation
	At 1 April 2025	14,380		11,476		25,856
	Charge for the year	2,234		6,390		8,624
	At 31 March 2026	16,614		17,866		34,480

	Net book value
	At 31 March 2026	6,702		25,563		32,265
	At 31 March 2025	8,936		31,953		40,889


4	Debtors			2026		2025
£					£

	Trade debtors			16,991		50,821


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			5,872		5,872
	Taxation and social security costs			20,467		27,005
	Other creditors			2,589		61,990
				28,928		94,867


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			8,339		13,721


7	Other information

	Forgex Limited is a private company limited by shares and incorporated in England. Its registered office is:
	21 Haddon Drive
	Eastleigh
	Hampshire
	SO50 4PF