Formworks PM Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13327314

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		1,620
Investments	5		50,000		50,000

			50,000		51,620
CURRENT ASSETS
Debtors	6	3,700		100
Cash at bank and in hand		138,944		143,308

		142,644		143,408
Creditors: Amounts Falling Due Within One Year	7	(119,295 )		(103,125 )

NET CURRENT ASSETS (LIABILITIES)			23,349		40,283

TOTAL ASSETS LESS CURRENT LIABILITIES			73,349		91,903

NET ASSETS			73,349		91,903

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			73,249		91,803

SHAREHOLDERS' FUNDS			73,349		91,903

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Formworks PM Ltd

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 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 Stephen Fisher

Director

8 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Formworks PM Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 13327314 . The registered office is Bm Centre, St. Martins Close, Winchester, England, SO23 0HD.

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, net of discounts and value added taxes. Turnover is recognised at the point of invoice.

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:

Plant and machinery

33.33% Straight line

2.4. Financial Instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Other debtors and creditors are measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received.

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Formworks PM Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

2.5. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.

2.6. Investments

All investments are carried at cost. They are not revalued unless there is an active market in which a valuation cen be reliably determined.

3. Average Number of Employees

	2026	2025
Average number of employees, including directors, during the year	3	3

	3	3

4. Tangible Assets

	Plant and machinery
	£
Cost
As at 1 May 2025	5,667

As at 30 April 2026	5,667

Depreciation
As at 1 May 2025	4,047
Provided during the period	1,620

As at 30 April 2026	5,667

Net Book Value
As at 30 April 2026	-

As at 1 May 2025	1,620

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Formworks PM Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 May 2025	50,000

As at 30 April 2026	50,000

Provision
As at 1 May 2025	-

As at 30 April 2026	-

Net Book Value
As at 30 April 2026	50,000

As at 1 May 2025	50,000

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	3,600	-
Other debtors	100	100

	3,700	100

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	2,694	-
Amounts owed to participating interests	40,000	39,370
Other creditors	31,426	2,253
Taxation and social security	45,175	61,502

	119,295	103,125

8. Related Party Transactions

The total amount owed to a related party at the year end is £40,000 (2025: £39,370).

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