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Forresterra Ltd

Unaudited financial statements for the year ended 31 January 2025


Company information

Forresterra Ltd is a private company limited by shares, registered in England and Wales, registered number 14609009.

The company's registered office is: 91 Ridge Langley, South Croydon, CR2 0AP, United Kingdom.

Balance Sheet

as at 31 January 2025

2025 13 months to
31 Jan 24
£ £
Fixed assets 252,976.29 778.13
Current assets 8,995.41 1,099.29
Creditors: amounts falling due within one year (267,739.52) (2,000.00)
Net current assets / (liabilities) (258,744.11) (900.71)
Total assets less current liabilities (5,767.82) (122.58)
Net assets (5,767.82) (122.58)
Capital and reserves (5,767.82) (122.58)

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These accounts 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.

Directors' responsibilities:

Approved by the board of directors and signed on behalf of the board,

Daniel Forrester
18 February 2025

Notes to the accounts

  1. Average number of employees

    During the year the average number of employees was 0 (13 months to 31 Jan 24: 0).

  2. Director Advances Credits Note

    Director’s Investment in the Company During the financial year, the directors have provided funding to support the purchase of property. The total amount of director loans provided is as follows: Director Loans Both directors, Daniel Forrester and Toby Forrester, have made personal financial contributions to fund the company's initial operations and acquisition of investment properties. The total director loans as at 14th September 2024 are: Daniel Forrester: £127,123.00 Toby Forrester: £126,000.00 These loans have been recorded in the Director’s Loan Account and are repayable to the directors at a future date, as agreed by the company’s board. Purpose of Investment The funds provided by the directors were used for: Deposit and acquisition costs related to the purchase of investment properties. Renovation and refurbishment expenses necessary to prepare the properties for letting. Loan Repayment Terms The loans are unsecured, carry no interest, and are repayable at the discretion of the company based on future cash flows. No repayment schedule has been set at this time, and the loans are classified as long-term liabilities. Impact on Share Capital The directors' investments are in the form of loans and do not represent an increase in the company's issued share capital.