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REGISTERED NUMBER: 01435350 (England and Wales)















Somerset Forge Limited

Unaudited Financial Statements for the Year Ended 30 June 2024






Somerset Forge Limited (by shares) (Registered number: 01435350)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2


Somerset Forge Limited (by shares)

Company Information
for the year ended 30 June 2024







DIRECTOR: A Masters





SECRETARY: A Masters





REGISTERED OFFICE: Rear of the Church
Easton
Wells
Somerset
BA5 1EH





REGISTERED NUMBER: 01435350 (England and Wales)





ACCOUNTANTS: Webb & Co Ltd
One New Street
Wells
Somerset
BA5 2LA

Somerset Forge Limited (by shares) (Registered number: 01435350)

Balance Sheet
30 June 2024

2024 2023
£    £    £    £   
FIXED ASSETS 1,188,075 1,196,519

CURRENT ASSETS 235,054 201,533

PREPAYMENTS AND ACCRUED INCOME 2,208 1,358

CREDITORS
Amounts falling due within one year (149,555 ) (177,535 )
NET CURRENT ASSETS 87,707 25,356
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,275,782

1,221,875

ACCRUALS AND DEFERRED INCOME 12,391 12,231
NET ASSETS 1,263,391 1,209,644

CAPITAL AND RESERVES 1,263,391 1,209,644

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 (2023 - 5 ) .

2. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
A Masters
Balance outstanding at start of year 55,959 -
Amounts advanced - 55,959
Amounts repaid (55,959 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 55,959



Somerset Forge Limited (by shares) (Registered number: 01435350)

Balance Sheet - continued
30 June 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 1 October 2024 and were signed by:





A Masters - Director