2023-01-01 08339241 2023-12-31 08339241 2023-01-01 2023-12-31 08339241 2022-12-31 08339241 2022-01-01 2022-12-31 08339241 uk-core:WithinOneYear 2022-12-31 08339241 uk-core:WithinOneYear 2023-12-31 08339241 uk-core:ShareCapital 2023-12-31 08339241 uk-core:ShareCapital 2022-12-31 08339241 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 08339241 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 08339241 uk-bus:Director1 2023-01-01 2023-12-31 08339241 uk-core:FurnitureFittingsToolsEquipment 2022-12-31 08339241 uk-core:LandBuildings 2022-12-31 08339241 uk-core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 08339241 uk-core:LandBuildings 2023-01-01 2023-12-31 08339241 uk-core:LandBuildings 2023-12-31 08339241 uk-core:FurnitureFittingsToolsEquipment 2023-12-31 iso4217:GBP xbrli:pure 08339241 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08339241 uk-bus:FRS102 2023-01-01 2023-12-31 08339241 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 08339241 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Forge Accommodation Limited
Registered Number:08339241
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Forge Accommodation Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08339241
As at 31 December 2023
Forge Accommodation Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
481,087
231,182
2
481,087
231,182
Current assets
Trade and other receivables
211,520
6,429
3
140,189
Cash and cash equivalents
77,870
84,299
351,709
Trade and other payables: amounts falling due within one
year
(46,188)
(9,830)
4
305,521
74,469
Net current assets
Total assets less current liabilities
555,556
536,703
555,556
Net assets
536,703
Capital and reserves
Called up share capital
100
100
Retained earnings
555,456
536,603
555,556
536,703
Shareholders' funds
For the year ended 31 December 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
G L Wedlake Director
These financial statements were approved and authorised for issue by the Board on 12 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Forge Accommodation Limited
Notes to the Financial Statements
Statutory Information
Forge Accommodation Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08339241.
Registered address:
The Old Forge
Lulsgate
Bristol
BS40 9UR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant&Machinery 25% reducing balance.
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
2. Property, plant and equipment
Total
Plant and
machinery
Land and
buildings
£
£
£
Cost or
valuation
At 01 January 2023
474,138
301,502
172,636
282,722
72,722
210,000
Additions
At 31 December 2023
382,636
374,224
756,860
Provision for depreciation and impairment
At 01 January 2023
242,956
242,956
-
Charge for year
32,817
32,817
-
At 31 December 2023
275,773
275,773
-
At 31 December 2023
Net book value
382,636
98,451
481,087
At 31 December 2022
172,636
58,546
231,182
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5
For the year ended 31 December 2023
Forge Accommodation Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Other debtors
6,429
211,520
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
6,350
43,142
Other creditors
3,480
3,046
9,830
46,188
5. Average number of persons employed
During the year the average number of employees was 18 (2022 : 16)
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