04819723falseagricultural and general contractors2022-05-012023-04-30http://www.companieshouse.gov.uk/2022-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-04-30http://www.companieshouse.gov.uk/cd:Director12022-05-012023-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-04-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-05-012023-04-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-05-012023-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-04-30http://www.companieshouse.gov.uk/2022-05-012023-04-30http://www.companieshouse.gov.uk/2022-04-30http://www.companieshouse.gov.uk/cd:FRS1022022-05-012023-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-05-012023-04-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-05-012023-04-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04819723

R. M. Forlow Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2023

Prepared By:
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

R. M. Forlow Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2023
DIRECTORS
R M Forlow
SECRETARY
Mrs V A Forlow
REGISTERED OFFICE
6 Brunswick Street
Carlisle
CA1 1PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04819723
BANKERS
HBSC plc
ACCOUNTANTS
NB Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

R. M. Forlow Limited

ACCOUNTS
FOR THEYEARENDED30/04/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

R. M. Forlow Limited

BALANCE SHEET AT 30/04/2023
20232022
Notes££
FIXED ASSETS
Tangible assets240,32136,771
CURRENT ASSETS
Debtors356,1302,826
Current Asset Investments425,75025,750
Cash at bank and in hand41,3493,693
123,22932,269
CREDITORS: Amounts falling due within one year581,20818,402
NET CURRENT ASSETS42,02113,867
TOTAL ASSETS LESS CURRENT LIABILITIES82,34250,638
CREDITORS: Amounts falling due after more than one year632,34627,644
PROVISIONS FOR LIABILITIES AND CHARGES10,6856,986
NET ASSETS39,31116,008
CAPITAL AND RESERVES
Called up share capital100100
Profit and loss account39,21115,908
SHAREHOLDERS' FUNDS39,31116,008
For the year ending 30/04/2023 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 11/10/2023 and signed on their behalf by
.............................
R M Forlow
Director

R. M. Forlow Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Computer Equipmentreducing balance 25%
Motor Vehiclesreducing balance 25%
1c. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is recognised upon the provision of goods and services.

R. M. Forlow Limited

1f. Leases
Assets held under hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease.
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the lease term.
2. TANGIBLE FIXED ASSETS
Plant and
MachineryEquipmentMotor VehiclesTotal
££££
Cost
At 01/05/202288,6264,23937,290130,155
Additions27,500--27,500
Disposals--(17,500)(17,500)
At 30/04/2023116,1264,23919,790140,155
Depreciation
At 01/05/202276,3981,68515,30193,384
Disposals--(4,375)(4,375)
For the year9,93263825510,825
At 30/04/202386,3302,32311,18199,834
Net Book Amounts
At 30/04/202329,7961,9168,60940,321
At 30/04/202212,2282,55421,98936,771
3. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors56,1302,826
56,1302,826
4. CURRENT ASSET INVESTMENTS
20232022
££
Other investments25,75025,750
25,75025,750

R. M. Forlow Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax17,5433,183
VAT12,3331,702
Other taxation and social security creditors454180
Directors current account6,9311,665
Bank loan7,7648,091
Hire purchase7,500-
Trade creditors26,8831,781
Accruals1,8001,800
81,20818,402
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr20,47127,644
Hire purchase >1yr11,875-
32,34627,644
7. SECURED CREDITORS
20232022
££
Amount of other creditors which are secured19,375-
The bank overdraft is secured by way of a fixed and floating charge over the assets of the company. Hire purchase creditors are secured on the asset to which the liability relates.
8. EMPLOYEES
20232022
No.No.
Average number of employees11

R. M. Forlow Limited

9. RELATED PARTY TRANSACTIONS
A salary of £9,096 (2022 - £8,864) was paid to the director during the year.
Dividends of £50,000 (2022 - £20,000) were paid to the director and owners holding a participating interest during the year.
At the balance sheet date a loan of £6,931 was owed to the director (2022 - £1,665). The loan is interest free, unsecured and repayable on dermand.
10. ADDITIONAL INFORMATION
The company is a private company, limited by shares and registered in England & Wales.
The company's registered number is 04819723.
The company's registered office is 6 Brunswick Street, Carlisle, CA1 1PN.