Devon Forestry Consultants Limited 09736910 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Forestry and tree works consultancy Digita Accounts Production Advanced 6.30.9574.0 true 09736910 2023-10-01 2024-09-30 09736910 2024-09-30 09736910 bus:Director1 1 2024-09-30 09736910 bus:OrdinaryShareClass1 2024-09-30 09736910 core:CurrentFinancialInstruments 2024-09-30 09736910 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09736910 core:FurnitureFittingsToolsEquipment 2024-09-30 09736910 core:MotorVehicles 2024-09-30 09736910 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-09-30 09736910 bus:SmallEntities 2023-10-01 2024-09-30 09736910 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09736910 bus:FilletedAccounts 2023-10-01 2024-09-30 09736910 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09736910 bus:RegisteredOffice 2023-10-01 2024-09-30 09736910 bus:Director1 2023-10-01 2024-09-30 09736910 bus:Director1 1 2023-10-01 2024-09-30 09736910 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 09736910 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09736910 bus:Agent1 2023-10-01 2024-09-30 09736910 core:FurnitureFittings 2023-10-01 2024-09-30 09736910 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 09736910 core:MotorVehicles 2023-10-01 2024-09-30 09736910 core:OfficeEquipment 2023-10-01 2024-09-30 09736910 core:PlantMachinery 2023-10-01 2024-09-30 09736910 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-10-01 2024-09-30 09736910 countries:EnglandWales 2023-10-01 2024-09-30 09736910 2023-09-30 09736910 bus:Director1 1 2023-09-30 09736910 core:FurnitureFittingsToolsEquipment 2023-09-30 09736910 core:MotorVehicles 2023-09-30 09736910 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-09-30 09736910 2022-10-01 2023-09-30 09736910 2023-09-30 09736910 bus:Director1 1 2023-09-30 09736910 bus:OrdinaryShareClass1 2023-09-30 09736910 core:CurrentFinancialInstruments 2023-09-30 09736910 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09736910 core:FurnitureFittingsToolsEquipment 2023-09-30 09736910 core:MotorVehicles 2023-09-30 09736910 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-09-30 09736910 bus:Director1 1 2022-10-01 2023-09-30 09736910 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-10-01 2023-09-30 09736910 2022-09-30 09736910 bus:Director1 1 2022-09-30 09736910 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09736910

Devon Forestry Consultants Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 September 2024

 

Devon Forestry Consultants Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 8

 

Devon Forestry Consultants Limited

Company Information

Director

Mr B S Elliott

Registered office

c/o Easterbrook Eaton Ltd
Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

Accountants

Easterbrook Eaton Limited
Chartered AccountantsCosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

 

Devon Forestry Consultants Limited

(Registration number: 09736910)
Abridged Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

3,900

2,608

Current assets

 

Stocks

5

500

-

Debtors

1,524

-

Cash at bank and in hand

 

873

524

 

2,897

524

Prepayments and accrued income

 

360

341

Creditors: Amounts falling due within one year

(22,425)

(17,032)

Net current liabilities

 

(19,168)

(16,167)

Net liabilities

 

(15,268)

(13,559)

Capital and reserves

 

Called up share capital

6

1

1

Retained earnings

(15,269)

(13,560)

Shareholders' deficit

 

(15,268)

(13,559)

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 April 2025
 

.........................................
Mr B S Elliott
Director

 

Devon Forestry Consultants Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
c/o Easterbrook Eaton Ltd
Cosmopolitan House
Old Fore Street
Sidmouth
Devon
EX10 8LS

The principal place of business is:
Unit 16
Hackthorpe Hall
Hackthorpe
Penrith
Cumbria
CA10 2HX

These financial statements were authorised for issue by the director on 16 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Devon Forestry Consultants Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

25% p.a. reducing balance basis

Fixtures and Fittings

20% p.a reducing balance basis

Plant and Machinery

20% p.a reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Devon Forestry Consultants Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 2).

 

Devon Forestry Consultants Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

7,524

-

7,524

Additions

792

1,800

2,592

At 30 September 2024

8,316

1,800

10,116

Depreciation

At 1 October 2023

4,916

-

4,916

Charge for the year

850

450

1,300

At 30 September 2024

5,766

450

6,216

Carrying amount

At 30 September 2024

2,550

1,350

3,900

At 30 September 2023

2,608

-

2,608

5

Stocks

2024
£

2023
£

Other inventories

500

-

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Share of £1 each

1

1

1

1

       

7

Related party transactions

Transactions with the director

 

Devon Forestry Consultants Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

2024

At 1 October 2023
£

Repayments by director
£

At 30 September 2024
£

Mr B S Elliott

(888)

(12,756)

(13,644)

2023

At 1 October 2022
£

Advances to director
£

Repayments by director
£

At 30 September 2023
£

Mr B S Elliott

3,850

16,746

(21,484)

(888)

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

12,570

18,070

Contributions paid to money purchase schemes

482

472

13,052

18,542

Summary of transactions with all entities with joint control or significant interest

Loan from Eucalyptus Renewables Ltd

Loans from related parties

2024

Entities with joint control or significant influence
£

Total
£

At start of period

11,575

11,575

Advanced

2,076

2,076

Repaid

(8,180)

(8,180)

At end of period

5,471

5,471

 

Devon Forestry Consultants Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

2023

Entities with joint control or significant influence
£

Total
£

At start of period

14,675

14,675

Advanced

16,900

16,900

Repaid

(20,000)

(20,000)

At end of period

11,575

11,575