Caseware UK (AP4) 2023.0.135 2023.0.135 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-12-01falseForestry consultancy44falsetruefalse 09881352 2022-12-01 2023-11-30 09881352 2021-12-01 2022-11-30 09881352 2023-11-30 09881352 2022-11-30 09881352 c:Director1 2022-12-01 2023-11-30 09881352 d:PlantMachinery 2022-12-01 2023-11-30 09881352 d:PlantMachinery 2023-11-30 09881352 d:PlantMachinery 2022-11-30 09881352 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 09881352 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 09881352 d:MotorVehicles 2022-12-01 2023-11-30 09881352 d:MotorVehicles 2023-11-30 09881352 d:MotorVehicles 2022-11-30 09881352 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 09881352 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 09881352 d:FurnitureFittings 2022-12-01 2023-11-30 09881352 d:FurnitureFittings 2023-11-30 09881352 d:FurnitureFittings 2022-11-30 09881352 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 09881352 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 09881352 d:OfficeEquipment 2022-12-01 2023-11-30 09881352 d:OfficeEquipment 2023-11-30 09881352 d:OfficeEquipment 2022-11-30 09881352 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 09881352 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 09881352 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 09881352 d:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 09881352 d:CurrentFinancialInstruments 2023-11-30 09881352 d:CurrentFinancialInstruments 2022-11-30 09881352 d:Non-currentFinancialInstruments 2023-11-30 09881352 d:Non-currentFinancialInstruments 2022-11-30 09881352 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 09881352 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 09881352 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 09881352 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 09881352 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-11-30 09881352 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-11-30 09881352 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-11-30 09881352 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-11-30 09881352 d:ShareCapital 2023-11-30 09881352 d:ShareCapital 2022-11-30 09881352 d:RetainedEarningsAccumulatedLosses 2023-11-30 09881352 d:RetainedEarningsAccumulatedLosses 2022-11-30 09881352 c:FRS102 2022-12-01 2023-11-30 09881352 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09881352 c:FullAccounts 2022-12-01 2023-11-30 09881352 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09881352 d:HirePurchaseContracts d:WithinOneYear 2023-11-30 09881352 d:HirePurchaseContracts d:WithinOneYear 2022-11-30 09881352 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-11-30 09881352 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-11-30 09881352 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-11-30 09881352 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-11-30 09881352 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure
Registered number: 09881352





 
Writtle Forest Consultancy Ltd          
 
Financial statements          

For the year ended 30 November 2023          

 
Writtle Forest Consultancy Ltd
Registered number:09881352

Balance sheet
As at 30 November 2023


2023

2022
                                                                                    Note
£
£
£
£

Fixed assets
  

Tangible assets
 3 
17,663
16,613

Current assets
  

Debtors
 5 
62,828
65,397

Bank and cash balances
  
48,611
83,526

  
111,439
148,923

Creditors: amounts falling due within one year
 6 
(60,482)
(105,566)

Net current assets
  
 
 
50,957
 
 
43,357

Total assets less current liabilities
  
68,620
59,970

Creditors: amounts falling due after more than one year
 7 
(10,769)
(19,993)

  

Net assets
  
57,851
39,977


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
57,751
39,877

  
57,851
39,977


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The company's financial statements have been prepared 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 company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board; and were signed on its behalf on 19 June 2024.



Oliver Robert Booth
Director

The notes on pages 2 to 8 form part of these financial statements.
Page 1

 
Writtle Forest Consultancy Ltd
 
 
Notes to the financial statements
For the year ended 30 November 2023

1.


General information

Writtle Forest Consultancy Ltd is a private company limited by shares, incorporated in England and Wales. Its registered office is Redindyke Farm, Ivy Barn Lane, Ingatestone, Essex, CM4 0PU.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 2

 
Writtle Forest Consultancy Ltd
 
 
Notes to the financial statements
For the year ended 30 November 2023

2.Accounting policies (continued)

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
Writtle Forest Consultancy Ltd
 
 
Notes to the financial statements
For the year ended 30 November 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight line and reducing balance methods.

Depreciation is provided at the following rates:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
15%
reducing balance
Office equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
Writtle Forest Consultancy Ltd
 
 
Notes to the financial statements
For the year ended 30 November 2023

3.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost


At 1 December 2022
14,002
15,990
590
13,175
43,757


Additions
5,244
-
-
2,215
7,459



At 30 November 2023

19,246
15,990
590
15,390
51,216



Depreciation


At 1 December 2022
9,547
6,996
367
10,234
27,144


Charge for the year: owned
1,843
-
33
2,284
4,160


Charge for the year: financed
-
2,249
-
-
2,249



At 30 November 2023

11,390
9,245
400
12,518
33,553



Net book value



At 30 November 2023
7,856
6,745
190
2,872
17,663



At 30 November 2022
4,455
8,994
223
2,941
16,613

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
2022
£
£



Motor vehicles
6,745
8,994

Page 5

 
Writtle Forest Consultancy Ltd
 
 
Notes to the financial statements
For the year ended 30 November 2023

4.


Employees

2023
2022
£
£

Wages and salaries
115,737
111,207

Social security costs
6,319
4,108

Cost of defined contribution scheme
1,523
1,302

123,579
116,617


The average monthly number of employees, including directors, during the year was 4 (2022 - 4).


5.


Debtors

2023
2022
£
£


Trade debtors
52,308
55,023

Prepayments and accrued income
10,520
10,374

62,828
65,397



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
876
1,308

Bank loans
6,600
8,147

Trade creditors
4,422
6,027

Corporation tax
6,187
17,443

Other taxation and social security
26,002
28,235

Obligations under finance lease and hire purchase contracts
2,545
2,336

Other creditors
11,750
40,070

Accruals and deferred income
2,100
2,000

60,482
105,566


Page 6

 
Writtle Forest Consultancy Ltd
 
 
Notes to the financial statements
For the year ended 30 November 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
10,098
16,777

Net obligations under finance leases and hire purchase contracts
671
3,216

10,769
19,993



8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
6,600
8,147


6,600
8,147

Amounts falling due 1-2 years

Bank loans
6,600
6,600

Amounts falling due 2-5 years

Bank loans
3,498
10,177


16,698
24,924


The company has a bank loan which is repayable by monthly instalments. The interest rate applicable on the loan is 2.5% fixed rate. This loan is unsecured.


9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
2,545
2,336

Between 1-5 years
671
3,216

3,216
5,552

Page 7

 
Writtle Forest Consultancy Ltd
 
 
Notes to the financial statements
For the year ended 30 November 2023

10.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from
those of the company in an independently administered fund. The pension cost represents contributions payable by
the company to the fund and amounted to £1,523 
(2022 - £1,302). Contributions totaling £799 (2022 - £971) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 8