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REGISTERED NUMBER: SC603838 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

FORESTRY RESTORATION SERVICES LTD

FORESTRY RESTORATION SERVICES LTD (REGISTERED NUMBER: SC603838)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


FORESTRY RESTORATION SERVICES LTD (REGISTERED NUMBER: SC603838)

ABRIDGED BALANCE SHEET
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,743 52,899

CURRENT ASSETS
Debtors 9,155 255,103
Cash at bank 217,373 147,581
226,528 402,684
CREDITORS
Amounts falling due within one year 77,338 242,895
NET CURRENT ASSETS 149,190 159,789
TOTAL ASSETS LESS CURRENT
LIABILITIES

202,933

212,688

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 202,833 212,588
202,933 212,688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

FORESTRY RESTORATION SERVICES LTD (REGISTERED NUMBER: SC603838)

ABRIDGED BALANCE SHEET - continued
31 July 2023



The financial statements were approved by the director and authorised for issue on 16 April 2024 and were signed by:





T F G Sweeney - Director


FORESTRY RESTORATION SERVICES LTD (REGISTERED NUMBER: SC603838)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Forestry Restoration Services Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC603838

Registered office: 22 Backbrae Street
Kilsyth
North Lanarkshire
G65 0NH

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.

Turnover and revenue recognition
Turnover represents net invoiced sales of forestry services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 20% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

FORESTRY RESTORATION SERVICES LTD (REGISTERED NUMBER: SC603838)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022 65,205
Additions 14,279
At 31 July 2023 79,484
DEPRECIATION
At 1 August 2022 12,306
Charge for year 13,435
At 31 July 2023 25,741
NET BOOK VALUE
At 31 July 2023 53,743
At 31 July 2022 52,899

5. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £9,139. At the balance sheet date, unpaid contributions of £286 (2022 £513) were due to the fund. They are included in other creditors.

6. ULTIMATE CONTROLLING PARTY

The controlling party is T F G Sweeney.