Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Forex121 Limited
Contents
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Forex121 Limited
for the Year Ended 30 September 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Forex121 Limited for the year ended 30 September 2015 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook .
This report is made solely to the Board of Directors of Forex121 Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Forex121 Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Forex121 Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Forex121 Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Forex121 Limited. You consider that Forex121 Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Forex121 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Kevin Alderton and Team
Chartered Accountants
14 South Way
Newhaven
East Sussex
BN9 9LL
21 March 2016
Forex121 Limited
(Registration number: 07319113)
Abbreviated Balance Sheet at 30 September 2015
Note |
2015
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2014
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
( |
( |
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Provisions for liabilities |
- |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
Approved by the director on
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Mr DWK Armitage
Director
2
Forex121 Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided at the following annual rates in order to write off each assets over its estimated useful
life.
Asset class |
Depreciation method and rate |
Computer equipment |
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Office equipment |
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Deferred tax
Financial instruments
Forex121 Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2015
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 October 2014 |
3,383 |
3,383 |
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Additions |
656 |
656 |
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At 30 September 2015 |
4,039 |
4,039 |
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Depreciation |
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At 1 October 2014 |
2,976 |
2,976 |
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Charge for the year |
477 |
477 |
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At 30 September 2015 |
3,453 |
3,453 |
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Net book value |
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At 30 September 2015 |
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At 30 September 2014 |
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Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Director's advances and credits |
2015 |
2015 |
2014 |
2014 |
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Mr DWK Armitage |
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8,020 |
9,353 |
Control |
The company is controlled by