S FORREST LTD

Company Registration Number:
SC432482 (Scotland)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

S FORREST LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

S FORREST LTD

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 93,094 63,919
Investments: 4 12,125 12,125
Total fixed assets: 105,219 76,044
Current assets
Debtors:     20,000
Cash at bank and in hand: 71,332 147,488
Total current assets: 71,332 167,488
Creditors: amounts falling due within one year: 5 (21,341) (52,456)
Net current assets (liabilities): 49,991 115,032
Total assets less current liabilities: 155,210 191,076
Creditors: amounts falling due after more than one year: 6 (7,333) (18,307)
Total net assets (liabilities): 147,877 172,769
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 147,777 172,669
Shareholders funds: 147,877 172,769

The notes form part of these financial statements

S FORREST LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 February 2025
and signed on behalf of the board by:

Name: S FORREST
Status: Director

The notes form part of these financial statements

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable , excluding discounts , rebates ,value added tax and other sales taxes

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated usegul life : Plant & machinery etc -25% on reducing balance

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 142,325
Additions 50,773
At 30 September 2024 193,098
Depreciation
At 01 October 2023 78,406
Charge for year 21,598
At 30 September 2024 100,004
Net book value
At 30 September 2024 93,094
At 30 September 2023 63,919

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Fixed investments

The company has invested in plant & machinery with a view to realising profit on the eventual disposal at a future date ,

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

The amount due of £21341 is made up as follows : Hire purchase contracts £3667 Trade creditors £900 Taxation & social security £16493 Other creditors £281

S FORREST LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due after more than one year note

The amount of £7333 is in respect of hire purchase contracts