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REGISTERED NUMBER: 01299053 (England and Wales)















FORSTER STRUCTURAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021






FORSTER STRUCTURAL LIMITED (REGISTERED NUMBER: 01299053)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


FORSTER STRUCTURAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2021







DIRECTORS: M R Forster
J Forster



SECRETARY: M R Forster



REGISTERED OFFICE: Walnut House
Waithe Lane
Brigsley
Grimsby
Lincolnshire
DN37 0RJ



REGISTERED NUMBER: 01299053 (England and Wales)



ACCOUNTANTS: Duncan & Toplis Limited
15 Chequergate
Louth
Lincolnshire
LN11 0LJ



BANKERS: National Westminster Bank PLC
Market Place
Louth
Lincolnshire
LN11 9NX

FORSTER STRUCTURAL LIMITED (REGISTERED NUMBER: 01299053)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 - 1,307

CURRENT ASSETS
Debtors 5 500 276
Cash at bank 24,417 22,132
24,917 22,408
CREDITORS
Amounts falling due within one year 6 46,380 43,767
NET CURRENT LIABILITIES (21,463 ) (21,359 )
TOTAL ASSETS LESS CURRENT LIABILITIES (21,463 ) (20,052 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (21,563 ) (20,152 )
SHAREHOLDERS' FUNDS (21,463 ) (20,052 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 25 May 2022 and were signed on its behalf by:





M R Forster - Director


FORSTER STRUCTURAL LIMITED (REGISTERED NUMBER: 01299053)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2021

1. STATUTORY INFORMATION

Forster Structural 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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

The financial statements cover the individual entity.

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
Revenue 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.
Fixtures and fittings - 15% on reducing balance
Office equipment - 15% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Period of trading
The company ceased to trade on 31 August 2021. All liabilities were met by the director.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

FORSTER STRUCTURAL LIMITED (REGISTERED NUMBER: 01299053)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2021

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Office Computer
fittings equipment equipment Totals
£    £    £    £   
COST
At 1 September 2020 8,910 1,870 2,815 13,595
Disposals (8,910 ) (1,870 ) (2,815 ) (13,595 )
At 31 August 2021 - - - -
DEPRECIATION
At 1 September 2020 7,850 1,623 2,815 12,288
Charge for year 159 37 - 196
Eliminated on disposal (8,009 ) (1,660 ) (2,815 ) (12,484 )
At 31 August 2021 - - - -
NET BOOK VALUE
At 31 August 2021 - - - -
At 31 August 2020 1,060 247 - 1,307

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 500 110
VAT - 166
500 276

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Taxation - 15
Directors' current accounts 45,485 43,153
Accrued expenses 895 599
46,380 43,767

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
100 Ordinary £1 100 100

FORSTER STRUCTURAL LIMITED (REGISTERED NUMBER: 01299053)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2021

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2021 and 31 August 2020:

2021 2020
£    £   
M R Forster and J Forster
Balance outstanding at start of year (43,153 ) (41,141 )
Amounts advanced 6,473 4,212
Amounts repaid (8,806 ) (6,224 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (45,486 ) (43,153 )

The directors loan account is unsecured, repayable on demand and interest free.