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Company Registration No. 07161840 (England and Wales)
Forest Digital Limited Unaudited accounts for the year ended 29 February 2024
Forest Digital Limited Unaudited accounts Contents
Page
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Forest Digital Limited Company Information for the year ended 29 February 2024
Director
Scott David COOPER
Company Number
07161840 (England and Wales)
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Forest Digital Limited Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
230,510 
Current assets
Inventories
12,850 
Debtors
222,831 
Cash at bank and in hand
66,053 
301,734 
Creditors: amounts falling due within one year
(137,736)
Net current assets
163,998 
Total assets less current liabilities
394,508 
Creditors: amounts falling due after more than one year
(251,627)
Net assets
142,881 
Capital and reserves
Called up share capital
100 
Profit and loss account
142,781 
Shareholders' funds
142,881 
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 2 February 2025 and were signed on its behalf by
Scott David COOPER Director Company Registration No. 07161840
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Forest Digital Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Forest Digital Limited is a private company, limited by shares, registered in England and Wales, registration number 07161840.
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
15% reducing balance
Motor vehicles
Over 7 years
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
905,277 
122,084 
- 
1,027,361 
Additions
- 
- 
177 
177 
At 29 February 2024
905,277 
122,084 
177 
1,027,538 
Depreciation
At 1 March 2023
752,027 
45,001 
- 
797,028 
At 29 February 2024
752,027 
45,001 
- 
797,028 
Net book value
At 29 February 2024
153,250 
77,083 
177 
230,510 
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Forest Digital Limited Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
89,904 
Amounts due from group undertakings etc.
116,589 
Accrued income and prepayments
2,527 
Other debtors
13,811 
222,831 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
31,385 
Trade creditors
53,689 
Taxes and social security
23,867 
Other creditors
13,088 
Accruals
15,707 
137,736 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
38,306 
Obligations under finance leases and hire purchase contracts
213,321 
251,627 
8
Average number of employees
During the year the average number of employees was 0.
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