Registration number: 04533276

Forum Jewellers Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 9

Forum Jewellers Limited

Company Information

Directors

Mrs HC Molloy Mr IS Munro Mrs SM Munro

Company secretary

Mrs HC Molloy

Registered office

4 Cedar Park Cobham Road Ferndown Industrial Estate Wimborne Dorset BH21 7SF

Accountants

Ward Goodman Accountancy Services Ltd Chartered Certified Accountants4 Cedar Park Cobham Road Ferndown Industrial Estate Wimborne Dorset BH21 7SF

Forum Jewellers Limited

(Registration number: 04533276)
Abridged Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	10,501	11,943
Other financial assets	6	4,880	4,880
		15,381	16,823
Current assets
Stocks	7	387,241	403,669
Debtors		1,897	2,391
Cash at bank and in hand		244,950	243,477
		634,088	649,537
Prepayments and accrued income		11,667	11,426
Creditors: Amounts falling due within one year		(71,250)	(49,676)
Net current assets		574,505	611,287
Total assets less current liabilities		589,886	628,110
Provisions for liabilities		(2,625)	(2,750)
Accruals and deferred income		(3,214)	(3,092)
Net assets		584,047	622,268
Capital and reserves
Called up share capital	8	100	100
Retained earnings		583,947	622,168
Shareholders' funds		584,047	622,268

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Forum Jewellers Limited

(Registration number: 04533276)
Abridged Balance Sheet as at 31 March 2026

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 October 2026 and signed on its behalf by:
 

......................................... Mrs HC Molloy Company secretary and director

Forum Jewellers Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 Cedar Park
Cobham Road
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7SF
United Kingdom

These financial statements were authorised for issue by the Board on 23 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£) and rounded to the nearest £1.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Forum Jewellers Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & Fittings	25% reducing balance
Office equipment	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Development costs

Development costs relating to computer software are capitalised where they meet the recognition criteria for an intangible asset and are expected to generate future economic benefits.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Software development	33% straight line method
Goodwill	20% straight line method

Forum Jewellers Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

Investments

Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2025 - 8).

Forum Jewellers Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

4	Intangible assets

	Total £
Cost or valuation
At 1 April 2025	127,447
At 31 March 2026	127,447
Amortisation
At 1 April 2025	127,447
At 31 March 2026	127,447
Carrying amount
At 31 March 2026	-

5	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 April 2025	216,594	4,301	220,895
Additions	-	1,723	1,723
At 31 March 2026	216,594	6,024	222,618
Depreciation
At 1 April 2025	206,735	2,217	208,952
Charge for the year	2,465	700	3,165
At 31 March 2026	209,200	2,917	212,117
Carrying amount
At 31 March 2026	7,394	3,107	10,501
At 31 March 2025	9,859	2,084	11,943

Forum Jewellers Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

6	Other financial assets (current and non-current)

	Unlisted investments £	Total £
Non-current financial assets
Cost or valuation
At 1 April 2025	4,880	4,880
At 31 March 2026	4,880	4,880
Impairment
Carrying amount
At 31 March 2026	4,880	4,880

7

Stocks

	2026 £	2025 £
Finished goods and goods for resale	387,241	403,669

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary A of £0.50 each	110	55	110	55
Ordinary B of £0.50 each	80	40	80	40
Ordinary C of £0.50 each	10	5	10	5
	200	100	200	100

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £258,000 (2025 - £285,000). The financial commitments disclosed are relating to non-cancellable operating leases.

Forum Jewellers Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

10	Related party transactions

Transactions with directors

2026	At 1 April 2025 £	Advances to director £	At 31 March 2026 £
Mrs HC Molloy
	-	919	919