ForensiT Group Limited - Period Ending 2016-02-29

Registration number: 08092523

ForensiT Group Limited

Unaudited Abbreviated Accounts

for the Year Ended 29 February 2016
 

King & Taylor Limited
4th Floor, Joynes House
New Road
Gravesend
Kent
DA11 0AT

ForensiT Group Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

ForensiT Group Limited
(Registration number: 08092523)
Abbreviated Balance Sheet at 29 February 2016

		Note			2016 £			2015 £
Fixed assets
Investments					200			200
Current assets
Debtors					622,716			450,386
Cash at bank and in hand					1,424			547
					624,140			450,933
Creditors: Amounts falling due within one year					(908)			(690)
Net current assets					623,232			450,243
Net assets					623,432			450,443
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					623,332			450,343
Shareholders' funds					623,432			450,443

For the year ending 29 February 2016 the company was entitled to exemption 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 1 November 2016

.........................................
Mr D J Rowe
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

ForensiT Group Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Deferred tax

Deferred tax is provided on the liability method to take account of the timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. The company has not adopted a policy of discounting deferred tax assets and liabilities.

2	Fixed assets

		Investments £			Total £
Cost
At 1 March 2015		200			200
At 29 February 2016		200			200
Depreciation
At 29 February 2016		-			-
Net book value
At 29 February 2016		200			200
At 28 February 2015		200			200

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Page 2

ForensiT Group Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 2016
......... continued

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
ForensiT Limited	United Kingdom	Ordinary shares	100%	Software development
Homestead Land Limited	United Kingdom	Ordinary shares	100%	Letting and operating of land

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

4

Control

The company is controlled by the director and members of his close family. Mr & Mrs Rowe control 100% of the issued share capital.

Page 3