S FORREST LTD

Company Registration Number:
SC432482 (Scotland)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

S FORREST LTD

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

S FORREST LTD

Balance sheet

As at 30 September 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 63,919 39,956
Investments: 4 12,125 12,125
Total fixed assets: 76,044 52,081
Current assets
Debtors: 5 20,000 32,970
Cash at bank and in hand: 147,488 119,265
Total current assets: 167,488 152,235
Creditors: amounts falling due within one year: 6 (52,456) (47,370)
Net current assets (liabilities): 115,032 104,865
Total assets less current liabilities: 191,076 156,946
Creditors: amounts falling due after more than one year: 7 (18,307) (23,952)
Total net assets (liabilities): 172,769 132,994
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 172,669 132,894
Shareholders funds: 172,769 132,994

The notes form part of these financial statements

S FORREST LTD

Balance sheet statements

For the year ending 30 September 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 February 2024
and signed on behalf of the board by:

Name: S FORREST
Status: Director

The notes form part of these financial statements

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover 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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life :Plant & machinery etc- 25% on reducing balance

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible Assets

Total
Cost £
At 01 October 2022 106,532
Additions 73,693
Disposals (37,900)
At 30 September 2023 142,325
Depreciation
At 01 October 2022 66,576
Charge for year 21,305
On disposals (9,475)
At 30 September 2023 78,406
Net book value
At 30 September 2023 63,919
At 30 September 2022 39,956

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Fixed investments

The company has invested in plant & machinery with a view to realising profit on the eventual disposal at a future date .

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

6. Creditors: amounts falling due within one year note

The amount of £52456 is made up as follows : Trade creditors £900 Taxation & social security £49907 Other creditors £1649

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

7. Creditors: amounts falling due after more than one year note

The amount of £18307 refers to bank loans