2022-04-012023-03-312023-03-31false10224243THE FORGE BRISTOL LIMITED2023-11-1668202iso4217:GBPxbrli:pure102242432022-04-01102242432023-03-31102242432022-04-012023-03-31102242432021-04-01102242432022-03-31102242432021-04-012022-03-3110224243bus:SmallEntities2022-04-012023-03-3110224243bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3110224243bus:FullAccounts2022-04-012023-03-3110224243bus:PrivateLimitedCompanyLtd2022-04-012023-03-3110224243core:WithinOneYear2023-03-3110224243core:AfterOneYear2023-03-3110224243core:WithinOneYear2022-03-3110224243core:AfterOneYear2022-03-3110224243core:ShareCapital2023-03-3110224243core:SharePremium2023-03-3110224243core:RevaluationReserve2023-03-3110224243core:OtherReservesSubtotal2023-03-3110224243core:RetainedEarningsAccumulatedLosses2023-03-3110224243core:ShareCapital2022-03-3110224243core:SharePremium2022-03-3110224243core:RevaluationReserve2022-03-3110224243core:OtherReservesSubtotal2022-03-3110224243core:RetainedEarningsAccumulatedLosses2022-03-3110224243core:LandBuildings2023-03-3110224243core:PlantMachinery2023-03-3110224243core:Vehicles2023-03-3110224243core:FurnitureFittings2023-03-3110224243core:OfficeEquipment2023-03-3110224243core:NetGoodwill2023-03-3110224243core:IntangibleAssetsOtherThanGoodwill2023-03-3110224243core:ListedExchangeTraded2023-03-3110224243core:UnlistedNon-exchangeTraded2023-03-3110224243core:LandBuildings2022-03-3110224243core:PlantMachinery2022-03-3110224243core:Vehicles2022-03-3110224243core:FurnitureFittings2022-03-3110224243core:OfficeEquipment2022-03-3110224243core:NetGoodwill2022-03-3110224243core:IntangibleAssetsOtherThanGoodwill2022-03-3110224243core:ListedExchangeTraded2022-03-3110224243core:UnlistedNon-exchangeTraded2022-03-3110224243core:LandBuildings2022-04-012023-03-3110224243core:PlantMachinery2022-04-012023-03-3110224243core:Vehicles2022-04-012023-03-3110224243core:FurnitureFittings2022-04-012023-03-3110224243core:OfficeEquipment2022-04-012023-03-3110224243core:NetGoodwill2022-04-012023-03-3110224243core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110224243core:ListedExchangeTraded2022-04-012023-03-3110224243core:UnlistedNon-exchangeTraded2022-04-012023-03-3110224243core:MoreThanFiveYears2022-04-012023-03-3110224243core:Non-currentFinancialInstruments2023-03-3110224243core:Non-currentFinancialInstruments2022-03-3110224243dpl:CostSales2022-04-012023-03-3110224243dpl:DistributionCosts2022-04-012023-03-3110224243core:LandBuildings2022-04-012023-03-3110224243core:PlantMachinery2022-04-012023-03-3110224243core:Vehicles2022-04-012023-03-3110224243core:FurnitureFittings2022-04-012023-03-3110224243core:OfficeEquipment2022-04-012023-03-3110224243dpl:AdministrativeExpenses2022-04-012023-03-3110224243core:NetGoodwill2022-04-012023-03-3110224243core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110224243dpl:GroupUndertakings2022-04-012023-03-3110224243dpl:ParticipatingInterests2022-04-012023-03-3110224243dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110224243core:ListedExchangeTraded2022-04-012023-03-3110224243dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110224243core:UnlistedNon-exchangeTraded2022-04-012023-03-3110224243dpl:CostSales2021-04-012022-03-3110224243dpl:DistributionCosts2021-04-012022-03-3110224243core:LandBuildings2021-04-012022-03-3110224243core:PlantMachinery2021-04-012022-03-3110224243core:Vehicles2021-04-012022-03-3110224243core:FurnitureFittings2021-04-012022-03-3110224243core:OfficeEquipment2021-04-012022-03-3110224243dpl:AdministrativeExpenses2021-04-012022-03-3110224243core:NetGoodwill2021-04-012022-03-3110224243core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3110224243dpl:GroupUndertakings2021-04-012022-03-3110224243dpl:ParticipatingInterests2021-04-012022-03-3110224243dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3110224243core:ListedExchangeTraded2021-04-012022-03-3110224243dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3110224243core:UnlistedNon-exchangeTraded2021-04-012022-03-3110224243core:NetGoodwill2023-03-3110224243core:IntangibleAssetsOtherThanGoodwill2023-03-3110224243core:LandBuildings2023-03-3110224243core:PlantMachinery2023-03-3110224243core:Vehicles2023-03-3110224243core:FurnitureFittings2023-03-3110224243core:OfficeEquipment2023-03-3110224243core:AfterOneYear2023-03-3110224243core:WithinOneYear2023-03-3110224243core:ListedExchangeTraded2023-03-3110224243core:UnlistedNon-exchangeTraded2023-03-3110224243core:ShareCapital2023-03-3110224243core:SharePremium2023-03-3110224243core:RevaluationReserve2023-03-3110224243core:OtherReservesSubtotal2023-03-3110224243core:RetainedEarningsAccumulatedLosses2023-03-3110224243core:NetGoodwill2022-03-3110224243core:IntangibleAssetsOtherThanGoodwill2022-03-3110224243core:LandBuildings2022-03-3110224243core:PlantMachinery2022-03-3110224243core:Vehicles2022-03-3110224243core:FurnitureFittings2022-03-3110224243core:OfficeEquipment2022-03-3110224243core:AfterOneYear2022-03-3110224243core:WithinOneYear2022-03-3110224243core:Liste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THE FORGE BRISTOL LIMITED

Registered Number
10224243
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

THE FORGE BRISTOL LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

JOHN, Simon
LLOYD, Silkie Rainbow

Registered Address

Unit 4 Colston Yard
Bristol
BS1 5BD

Registered Number

10224243 (England and Wales)
THE FORGE BRISTOL LIMITED
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets524,81221,477
24,81221,477
Current assets
Stocks61,194894
Debtors714,58513,757
Cash at bank and on hand15,6158,479
31,39423,130
Creditors amounts falling due within one year8(40,651)(16,431)
Net current assets (liabilities)(9,257)6,699
Total assets less current liabilities15,55528,176
Creditors amounts falling due after one year9(13,667)(17,667)
Net assets1,88810,509
Capital and reserves
Called up share capital22
Profit and loss account1,88610,507
Shareholders' funds1,88810,509
The financial statements were approved and authorised for issue by the Board of Directors on 16 November 2023, and are signed on its behalf by:
JOHN, Simon
Director
LLOYD, Silkie Rainbow
Director

Registered Company No. 10224243
THE FORGE BRISTOL LIMITED
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery15-
Fixtures and fittings15-
Office Equipment-4
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232022
Average number of employees during the year22
5.Property, plant and equipment

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 April 224,84020,8624,25429,956
Additions3,4911,1951,4126,098
At 31 March 238,33122,0575,66636,054
Depreciation and impairment
At 01 April 22-6,4252,0548,479
Charge for year-1,8439202,763
At 31 March 23-8,2682,97411,242
Net book value
At 31 March 238,33113,7892,69224,812
At 31 March 224,84014,4372,20021,477
6.Stocks
Valued at Cost price

2023

2022

££
Payments on account, stocks1,194894
Total1,194894
7.Debtors

2023

2022

££
Trade debtors / trade receivables13,1855,803
Other debtors656,172
Prepayments and accrued income1,3351,782
Total14,58513,757
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables21,9278,910
Taxation and social security17,2476,961
Other creditors596-
Accrued liabilities and deferred income881560
Total40,65116,431
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts13,66717,667
Total13,66717,667
Lloyds bank Bounce back loan