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REGISTERED NUMBER: 07838587 (England and Wales)












FORGE HOUSE INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021






FORGE HOUSE INVESTMENTS LIMITED (REGISTERED NUMBER: 07838587)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FORGE HOUSE INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTOR: Mr C M Christy





SECRETARY: Ms L Belcher





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
LONDON





REGISTERED NUMBER: 07838587 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

FORGE HOUSE INVESTMENTS LIMITED (REGISTERED NUMBER: 07838587)

BALANCE SHEET
31 DECEMBER 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Investments 4 12,100 12,100
Investment property 5 380,000 380,000
392,100 392,100

CURRENT ASSETS
Debtors 6 18,315 16,800
Cash at bank 14,252 7,676
32,567 24,476
CREDITORS
Amounts falling due within one year 7 223,202 222,998
NET CURRENT LIABILITIES (190,635 ) (198,522 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

201,465

193,578

PROVISIONS FOR LIABILITIES 8 25,994 25,994
NET ASSETS 175,471 167,584

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 9 110,817 110,817
Retained earnings 63,654 55,767
SHAREHOLDERS' FUNDS 175,471 167,584

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

FORGE HOUSE INVESTMENTS LIMITED (REGISTERED NUMBER: 07838587)

BALANCE SHEET - continued
31 DECEMBER 2021


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 director and authorised for issue on 19 August 2022 and were signed by:





Mr C M Christy - Director


FORGE HOUSE INVESTMENTS LIMITED (REGISTERED NUMBER: 07838587)

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


1. STATUTORY INFORMATION

Forge House Investments 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents gross rents receivable for the year. Turnover is recognised when rent becomes due under the lease agreement.

Investment property
The company's investment properties are held for long term investment and are included in the balance sheet at their open market values. No depreciation is provided in respect of Freehold and long leasehold investment properties.

This policy represents a departure from statutory accounting principles, which require depreciation to be provided on all fixed assets. The director considers that this policy is necessary in order that the accounts may give a true and fair view because current values and changes in current values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the valuation and the amount which might otherwise have been shown, cannot be separately identified or quantified.

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.

Unlisted investments
Investments are included at cost less amounts written off. Profits or losses arising from disposals of fixed and current assets investments are treated as part of the result from ordinary activities.

3. EMPLOYEES AND DIRECTORS

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

FORGE HOUSE INVESTMENTS LIMITED (REGISTERED NUMBER: 07838587)

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


4. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 January 2021
and 31 December 2021 12,100
NET BOOK VALUE
At 31 December 2021 12,100
At 31 December 2020 12,100

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2021
and 31 December 2021 380,000
NET BOOK VALUE
At 31 December 2021 380,000
At 31 December 2020 380,000

Fair value at 31 December 2021 is represented by:
£   
Valuation in 2018 136,811
Cost 243,189
380,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Related company 18,115 16,600
Prepayments and accrued income 200 200
18,315 16,800

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Tax 1,851 1,831
Directors' current accounts 219,486 219,486
Accruals and deferred income 1,865 1,681
223,202 222,998

FORGE HOUSE INVESTMENTS LIMITED (REGISTERED NUMBER: 07838587)

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


8. PROVISIONS FOR LIABILITIES
31.12.21 31.12.20
£    £   
Deferred tax 25,994 25,994

Deferred
tax
£   
Balance at 1 January 2021 25,994
Balance at 31 December 2021 25,994

9. RESERVES
Fair
value
reserve
£   
At 1 January 2021
and 31 December 2021 110,817

10. ULTIMATE CONTROLLING PARTY

Mr C M Christy controls the company by virtue of holding 100 % of the issued ordinary share capital of the company.