Company registration number 5729015 (England and Wales)
THE FORGE DEVELOPMENT COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
THE FORGE DEVELOPMENT COMPANY LIMITED
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investment properties
2
2,008,721
1,693,271
Current assets
Debtors
3
5,061
14,805
Cash at bank and in hand
61,858
48,209
66,919
63,014
Creditors: amounts falling due within one year
4
(240,571)
(172,161)
Net current liabilities
(173,652)
(109,147)
Total assets less current liabilities
1,835,069
1,584,124
Creditors: amounts falling due after more than one year
5
(604,889)
(554,889)
Provisions for liabilities
(173,167)
(103,107)
Net assets
1,057,013
926,128
Capital and reserves
Called up share capital
100
100
Other reserves
519,500
542,666
Profit and loss reserves
537,413
383,362
Total equity
1,057,013
926,128

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

THE FORGE DEVELOPMENT COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
31 March 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 19 October 2023 and are signed on its behalf by:
Mr M G Perman
Ms B A Lockyer
Director
Director
Company Registration No. 5729015
THE FORGE DEVELOPMENT COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
31 March 2023
- 3 -
1
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
-
0
-
0
2
Investment property
2023
£
Fair value
At 1 April 2022
1,693,270
Additions
165,451
Revaluations
150,000
At 31 March 2023
2,008,721

Investment properties comprise of The Forge, West End, Sherborne St John, Basingstoke, Hampshire, RG24 9LE and 33 & 35 West End, Sherborne St John, Basingstoke, Hampshire, RG24 9LE. The fair value of the investment properties has been arrived at on the basis of a valuation carried out at 31/03/2023 by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
125
4,176
Other debtors
4,936
10,629
5,061
14,805
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
7,530
-
0
Corporation tax
11,950
18,071
Other creditors
221,091
154,090
240,571
172,161
THE FORGE DEVELOPMENT COMPANY LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
31 March 2023
- 4 -
5
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
452,100
452,100
Other creditors
152,789
102,789
604,889
554,889
2023-03-312022-04-01false20 October 2023CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr A S YoungMr M G PermanMs B A LockyerMrs C M PermanMr M G Permanfalse57290152022-04-012023-03-3157290152023-03-3157290152022-03-315729015core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-315729015core:CurrentFinancialInstrumentscore:WithinOneYear2022-03-315729015core:Non-currentFinancialInstrumentscore:AfterOneYear2023-03-315729015core:Non-currentFinancialInstrumentscore:AfterOneYear2022-03-315729015core:CurrentFinancialInstruments2023-03-315729015core:CurrentFinancialInstruments2022-03-315729015core:Non-currentFinancialInstruments2023-03-315729015core:Non-currentFinancialInstruments2022-03-315729015core:ShareCapital2023-03-315729015core:ShareCapital2022-03-315729015core:OtherMiscellaneousReserve2023-03-315729015core:OtherMiscellaneousReserve2022-03-315729015core:RetainedEarningsAccumulatedLosses2023-03-315729015core:RetainedEarningsAccumulatedLosses2022-03-315729015bus:CompanySecretaryDirector12022-04-012023-03-315729015bus:Director22022-04-012023-03-3157290152021-04-012022-03-3157290152022-03-315729015core:WithinOneYear2023-03-315729015core:WithinOneYear2022-03-315729015bus:PrivateLimitedCompanyLtd2022-04-012023-03-315729015bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-315729015bus:FRS1022022-04-012023-03-315729015bus:AuditExemptWithAccountantsReport2022-04-012023-03-315729015bus:Director12022-04-012023-03-315729015bus:Director32022-04-012023-03-315729015bus:Director42022-04-012023-03-315729015bus:CompanySecretary12022-04-012023-03-315729015bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP