REGISTERED NUMBER: 03962100 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Forwardbreak Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D W Perkin

Mrs J A Toomey

SECRETARY:

Mrs J A Toomey

REGISTERED OFFICE:

96-102 Oldham Street

Manchester

Greater Manchester

M4 1LJ

REGISTERED NUMBER:

03962100 (England and Wales)

ACCOUNTANTS:

Woodhouse Chartered Accountants

25 Netherwood Road

Manchester

M22 4BW

FIXED ASSETS

Tangible assets

4

1,150

1,437

Investments

5

1,000

1,000

Investment property

6

1,020,857

1,020,857

1,023,007

1,023,294

CURRENT ASSETS

Debtors

7

55,904

22,733

Cash at bank

13,491

71,969

69,395

94,702

CREDITORS

Amounts falling due within one year

8

575,003

555,720

NET CURRENT LIABILITIES

(505,608

)

(461,018

)

TOTAL ASSETS LESS CURRENT LIABILITIES

517,399

562,276

CREDITORS

Amounts falling due after more than one year

9

(71,090

)

(119,920

)

PROVISIONS FOR LIABILITIES

(80,002

)

(80,002

)

NET ASSETS

366,307

362,354

CAPITAL AND RESERVES

Called up share capital

900

900

Revaluation reserve

10

431,998

431,998

Capital redemption reserve

(100,000

)

(100,000

)

Other reserves

100

100

Retained earnings

33,309

29,356

366,307

362,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2025 and were signed on its behalf by:

D W Perkin - Director

1.	STATUTORY INFORMATION

Forwardbreak Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

and 28 February 2025

29,423

DEPRECIATION

At 1 March 2024

27,986

Charge for year

287

At 28 February 2025

28,273

NET BOOK VALUE

At 28 February 2025

1,150

At 29 February 2024

1,437

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 March 2024

and 28 February 2025

1,000

NET BOOK VALUE

At 28 February 2025

1,000

At 29 February 2024

1,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

and 28 February 2025

1,020,857

NET BOOK VALUE

At 28 February 2025

1,020,857

At 29 February 2024

1,020,857

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

55,904

22,733

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

29,167

34,722

Trade creditors

18,330

29,697

Amounts owed to group undertakings

460,651

419,808

Taxation and social security

12,370

13,222

Other creditors

54,485

58,271

575,003

555,720

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

71,090

119,920

10.

RESERVES

Revaluation

reserve

£

At 1 March 2024

and 28 February 2025

431,998