Forge Investments Limited - Limited company - abbreviated - 11.6
Forge Investments Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| FORGE INVESTMENTS LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2014 |
| FORGE INVESTMENTS LIMITED (REGISTERED NUMBER: 03895632) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| FORGE INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 OCTOBER 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| FORGE INVESTMENTS LIMITED (REGISTERED NUMBER: 03895632) |
| ABBREVIATED BALANCE SHEET |
| 31 OCTOBER 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| FORGE INVESTMENTS LIMITED (REGISTERED NUMBER: 03895632) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 OCTOBER 2014 |
| 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 were approved by the Board of Directors on |
| FORGE INVESTMENTS LIMITED (REGISTERED NUMBER: 03895632) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). At the balance sheet date, the company |
| had net liabilities of £90,951. The company is reliant on the continued support of the directors. The directors |
| confirmed their intention to support the company. |
| On the above basis, the directors consider that the financial statements should be prepared on a going concern |
| basis. |
| Turnover |
| Turnover represents the value of properties let to tenants during the year. In respect of properties let, all income |
| is taken to profit and loss at the same point as the right to receive the consideration is acquired. |
| Fixed assets |
| All fixed assets are initially recorded at cost. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Investment property |
| Investment properties are shown at their open market value. The surplus or deficit arising from the annual |
| revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual |
| investment property is expected to be permanent, in which case it is recognised in the profit and loss account for |
| the year. |
| Financial instruments |
| Financial instruments and equity instruments are classified according to the substance of the contractual |
| arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of |
| the entity after deducting all of its financial liabilities. |
| Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt |
| instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as |
| such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the |
| profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the |
| outstanding liability. |
| Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability |
| then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited |
| direct to equity. |
| FORGE INVESTMENTS LIMITED (REGISTERED NUMBER: 03895632) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 November 2013 |
| Additions |
| At 31 October 2014 |
| NET BOOK VALUE |
| At 31 October 2014 |
| At 31 October 2013 |
| 3. | FIXED ASSET INVESTMENTS |
| Loans |
| £ |
| At 1 November 2013 |
| and 31 October 2014 | 150,000 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary A | £1 |
| 4,300 | 4,300 |