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Registered number: 01451889
Forward Forklifters Limited
Unaudited Financial Statements
For The Year Ended 31 July 2026
Davis & Co LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01451889
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 173,757 216,892
173,757 216,892
CURRENT ASSETS
Stocks 6 49,009 48,936
Debtors 7 51,319 116,566
Cash at bank and in hand 263,133 173,291
363,461 338,793
Creditors: Amounts Falling Due Within One Year 8 (40,108 ) (41,959 )
NET CURRENT ASSETS (LIABILITIES) 323,353 296,834
TOTAL ASSETS LESS CURRENT LIABILITIES 497,110 513,726
NET ASSETS 497,110 513,726
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 497,010 513,626
SHAREHOLDERS' FUNDS 497,110 513,726
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For the year ending 31 July 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 David Komaroni
Director
06/10/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Forward Forklifters Limited is a private company, limited by shares, incorporated in England & Wales.
Its registered number 01451889 . 
The registered office is:
Unit 6 Harebridge Lane
Halton
Wendover
Bucks
HP22 5PF
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. Intangible Fixed Assets and Amortisation - Goodwill
Intangible assets are carried at cost less accumalated amortisation and impairment losses.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to
determine whether there is any indication that any items have suffered an impairment loss. If any such
indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the
impairment loss.
Amortisation is provided at the following annual rate:
 Goodwill                                                           20% Reducing Balance
2.4. 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 & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2025: 6)
6 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2025 10,810
As at 31 July 2026 10,810
Amortisation
As at 1 August 2025 10,810
As at 31 July 2026 10,810
Net Book Value
As at 31 July 2026 -
As at 1 August 2025 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 August 2025 493,849 91,662 585,511
As at 31 July 2026 493,849 91,662 585,511
Depreciation
As at 1 August 2025 315,799 52,820 368,619
Provided during the period 35,366 7,769 43,135
As at 31 July 2026 351,165 60,589 411,754
Net Book Value
As at 31 July 2026 142,684 31,073 173,757
As at 1 August 2025 178,050 38,842 216,892
6. Stocks
2026 2025
£ £
Work in progress 49,009 48,936
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 42,701 47,788
Other debtors 8,618 68,778
51,319 116,566
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 15,350 18,184
Other creditors 8,480 8,080
Taxation and social security 16,278 15,695
40,108 41,959
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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