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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
Page
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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
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Forest Custom and Classics Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,150 
25,814 
Current assets
Inventories
71,244 
77,861 
Debtors
(1,113)
(117)
Cash at bank and in hand
27,950 
25,313 
98,081 
103,057 
Creditors: amounts falling due within one year
(10,156)
(10,375)
Net current assets
87,925 
92,682 
Net assets
113,075 
118,496 
Capital and reserves
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
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Forest Custom and Classics Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
18%
Motor vehicles
18%
Fixtures & fittings
18%
Computer equipment
18%
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 
Depreciation
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 
Net book value
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 
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Forest Custom and Classics Ltd Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
879 
Other debtors
(1,113)
(996)
(1,113)
(117)
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,819 
- 
Trade creditors
7,487 
9,726 
Taxes and social security
695 
649 
Other creditors
155 
- 
10,156 
10,375 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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