2023-04-012024-03-312024-03-31false03960903FORTES (SWANAGE) LTD2024-10-1447290iso4217:GBPxbrli:pure039609032023-04-01039609032024-03-31039609032023-04-012024-03-31039609032022-04-01039609032023-03-31039609032022-04-012023-03-3103960903bus:SmallEntities2023-04-012024-03-3103960903bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3103960903bus:AbridgedAccounts2023-04-012024-03-3103960903bus:PrivateLimitedCompanyLtd2023-04-012024-03-3103960903core:WithinOneYear2024-03-3103960903core:AfterOneYear2024-03-3103960903core:WithinOneYear2023-03-3103960903core:AfterOneYear2023-03-3103960903core:ShareCapital2024-03-3103960903core:SharePremium2024-03-3103960903core:RevaluationReserve2024-03-3103960903core:OtherReservesSubtotal2024-03-3103960903core:RetainedEarningsAccumulatedLosses2024-03-3103960903core:ShareCapital2023-03-3103960903core:SharePremium2023-03-3103960903core:RevaluationReserve2023-03-3103960903core:OtherReservesSubtotal2023-03-3103960903core:RetainedEarningsAccumulatedLosses2023-03-3103960903core:LandBuildings2024-03-3103960903core:PlantMachinery2024-03-3103960903core:Vehicles2024-03-3103960903core:FurnitureFittings2024-03-3103960903core:OfficeEquipment2024-03-3103960903core:NetGoodwill2024-03-3103960903core:IntangibleAssetsOtherThanGoodwill2024-03-3103960903core:ListedExchangeTraded2024-03-3103960903core:UnlistedNon-exchangeTraded2024-03-3103960903core:LandBuildings2023-03-3103960903core:PlantMachinery2023-03-3103960903core:Vehicles2023-03-3103960903core:FurnitureFittings2023-03-3103960903core:OfficeEquipment2023-03-3103960903core:NetGoodwill2023-03-3103960903core:IntangibleAssetsOtherThanGoodwill2023-03-3103960903core:ListedExchangeTraded2023-03-3103960903core:UnlistedNon-exchangeTraded2023-03-3103960903core:LandBuildings2023-04-012024-03-3103960903core:PlantMachinery2023-04-012024-03-3103960903core:Vehicles2023-04-012024-03-3103960903core:FurnitureFittings2023-04-012024-03-3103960903core:OfficeEquipment2023-04-012024-03-3103960903core:NetGoodwill2023-04-012024-03-3103960903core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3103960903core:ListedExchangeTraded2023-04-012024-03-3103960903core:UnlistedNon-exchangeTraded2023-04-012024-03-3103960903core:MoreThanFiveYears2023-04-012024-03-3103960903core:Non-currentFinancialInstruments2024-03-3103960903core:Non-currentFinancialInstruments2023-03-3103960903dpl:CostSales2023-04-012024-03-3103960903dpl:DistributionCosts2023-04-012024-03-3103960903core:LandBuildings2023-04-012024-03-3103960903core:PlantMachinery2023-04-012024-03-3103960903core:Vehicles2023-04-012024-03-3103960903core:FurnitureFittings2023-04-012024-03-3103960903core:OfficeEquipment2023-04-012024-03-3103960903dpl:AdministrativeExpenses2023-04-012024-03-3103960903core:NetGoodwill2023-04-012024-03-3103960903core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3103960903dpl:GroupUndertakings2023-04-012024-03-3103960903dpl:ParticipatingInterests2023-04-012024-03-3103960903dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3103960903core:ListedExchangeTraded2023-04-012024-03-3103960903dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3103960903core:UnlistedNon-exchangeTraded2023-04-012024-03-3103960903dpl:CostSales2022-04-012023-03-3103960903dpl:DistributionCosts2022-04-012023-03-3103960903core:LandBuildings2022-04-012023-03-3103960903core:PlantMachinery2022-04-012023-03-3103960903core:Vehicles2022-04-012023-03-3103960903core:FurnitureFittings2022-04-012023-03-3103960903core:OfficeEquipment2022-04-012023-03-3103960903dpl:AdministrativeExpenses2022-04-012023-03-3103960903core:NetGoodwill2022-04-012023-03-3103960903core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3103960903dpl:GroupUndertakings2022-04-012023-03-3103960903dpl:ParticipatingInterests2022-04-012023-03-3103960903dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3103960903core:ListedExchangeTraded2022-04-012023-03-3103960903dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3103960903core:UnlistedNon-exchangeTraded2022-04-012023-03-3103960903core:NetGoodwill2024-03-3103960903core:IntangibleAssetsOtherThanGoodwill2024-03-3103960903core:LandBuildings2024-03-3103960903core:PlantMachinery2024-03-3103960903core:Vehicles2024-03-3103960903core:FurnitureFittings2024-03-3103960903core:OfficeEquipment2024-03-3103960903core:AfterOneYear2024-03-3103960903core:WithinOneYear2024-03-3103960903core:ListedExchangeTraded2024-03-3103960903core:UnlistedNon-exchangeTraded2024-03-3103960903core:ShareCapital2024-03-3103960903core:SharePremium2024-03-3103960903core:RevaluationReserve2024-03-3103960903core:OtherReservesSubtotal2024-03-3103960903core:RetainedEarningsAccumulatedLosses2024-03-3103960903core:NetGoodwill2023-03-3103960903core:IntangibleAssetsOtherThanGoodwill2023-03-3103960903core:LandBuildings2023-03-3103960903core:PlantMachinery2023-03-3103960903core:Vehicles2023-03-3103960903core:FurnitureFittings2023-03-3103960903core:OfficeEquipment2023-03-3103960903core:AfterOneYear2023-03-3103960903core:WithinOneYear2023-03-3103960903core:Liste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FORTES (SWANAGE) LTD

Registered Number
03960903
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

FORTES (SWANAGE) LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

FORTE, Richard Anthony Philip

Company Secretary

FORTE, Hannah Louise

Registered Address

Unit 1 The Sidings
Victoria Avenue Industrial Estate
Swanage
BH19 1AU

Registered Number

03960903 (England and Wales)
FORTES (SWANAGE) LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets367,39058,710
67,39058,710
Current assets
Stocks4,4104,376
Debtors44,7571,400
Cash at bank and on hand57,30275,663
106,46981,439
Creditors amounts falling due within one year(23,051)(19,640)
Net current assets (liabilities)83,41861,799
Total assets less current liabilities150,808120,509
Net assets150,808120,509
Capital and reserves
Called up share capital100100
Profit and loss account150,708120,409
Shareholders' funds150,808120,509
The financial statements were approved and authorised for issue by the Director on 14 October 2024, and are signed on its behalf by:
FORTE, Richard Anthony Philip
Director
Registered Company No. 03960903
FORTES (SWANAGE) LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Fixtures and fittings25
Vehicles25
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year1415
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 23153,044
Additions16,580
At 31 March 24169,624
Depreciation and impairment
At 01 April 2394,334
Charge for year7,900
At 31 March 24102,234
Net book value
At 31 March 2467,390
At 31 March 2358,710