Company Registration No. 10155356 (England and Wales)
Forest Custom and Classics Ltd
Unaudited accounts
for the year ended 30 April 2024
Forest Custom and Classics Ltd
Unaudited accounts
Contents
Forest Custom and Classics Ltd
Company Information
for the year ended 30 April 2024
Directors
Stuart James Wilkinson
Gordon Bennet England
Company Number
10155356 (England and Wales)
Registered Office
SHEPHERDS CORNER CHAPEL HILL
AYLBURTON
LYDNEY
GL15 6DF
ENGLAND
Forest Custom and Classics Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
25,150
25,814
Cash at bank and in hand
27,950
25,313
Creditors: amounts falling due within one year
(10,156)
(10,375)
Net current assets
87,925
92,682
Net assets
113,075
118,496
Called up share capital
4
4
Profit and loss account
113,071
118,492
Shareholders' funds
113,075
118,496
For the year ending 30 April 2024 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 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 21 January 2025 and were signed on its behalf by
Stuart James Wilkinson
Director
Company Registration No. 10155356
Forest Custom and Classics Ltd
Notes to the Accounts
for the year ended 30 April 2024
Forest Custom and Classics Ltd is a private company, limited by shares, registered in England and Wales, registration number 10155356. The registered office is SHEPHERDS CORNER CHAPEL HILL, AYLBURTON, LYDNEY, GL15 6DF, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
28,013
9,530
13,459
2,494
53,496
Additions
2,017
1,701
970
169
4,857
At 30 April 2024
30,030
11,231
14,429
2,663
58,353
At 1 May 2023
15,019
4,615
6,879
1,169
27,682
Charge for the year
2,702
1,191
1,359
269
5,521
At 30 April 2024
17,721
5,806
8,238
1,438
33,203
At 30 April 2024
12,309
5,425
6,191
1,225
25,150
At 30 April 2023
12,994
4,915
6,580
1,325
25,814
Forest Custom and Classics Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Other debtors
(1,113)
(996)
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,487
9,726
Taxes and social security
695
649
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).