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Company Registration No. 02714535 (England and Wales)
Fforest Developments Limited Unaudited accounts for the year ended 31 May 2023
Fforest Developments Limited Unaudited accounts Contents
Page
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Fforest Developments Limited Company Information for the year ended 31 May 2023
Directors
P. Hopkins H.L. Hopkins
Secretary
P. Hopkins
Company Number
02714535 (England and Wales)
Registered Office
Llwyn Llanc Uchaf Farm Crynant Neath Neath PT SA10 8SF
Accountants
M J Hazel & Co 30 Brookfield Neath Neath PT SA10 7EH
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Fforest Developments Limited for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fforest Developments Limited for the year ended 31 May 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Fforest Developments Limited, as a body, in accordance with the terms of our engagement letter dated 25 May 2018. Our work has been undertaken solely to prepare for your approval the accounts of Fforest Developments Limited and state those matters that we have agreed to state to the Board of Directors of Fforest Developments Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fforest Developments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Fforest Developments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Fforest Developments Limited. You consider that Fforest Developments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Fforest Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
M J Hazel & Co Chartered Accountants 30 Brookfield Neath Neath PT SA10 7EH 23 February 2024
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Fforest Developments Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
64 
64 
Current assets
Debtors
23,940 
23,940 
Creditors: amounts falling due within one year
(13,948)
(13,935)
Net current assets
9,992 
10,005 
Net assets
10,056 
10,069 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
10,054 
10,067 
Shareholders' funds
10,056 
10,069 
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2024 and were signed on its behalf by
P. Hopkins Director Company Registration No. 02714535
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Fforest Developments Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Fforest Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 02714535. The registered office is Llwyn Llanc Uchaf Farm, Crynant, Neath, Neath PT, SA10 8SF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
No depreciation has been provided
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2022
64 
At 31 May 2023
64 
Depreciation
At 31 May 2023
- 
Net book value
At 31 May 2023
64 
At 31 May 2022
64 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
23,940 
23,940 
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Fforest Developments Limited Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
1,188 
1,175 
Accruals
12,760 
12,760 
13,948 
13,935 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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